Usually stay out of the altcoin world but since the op was @_act_ figure it's worth a comment.
As others have mentioned there are a few other coins that do things similar to filecoin.
Non of them are doing that well and in the end many will probably not make it.
Drives are getting cheap. Bulk storage is cheap. BUT if you are hosting a node and loose a drive even at cheap prices buying a drive is, using back of the napkin numbers about a 41 month payback. Figuring a 10TB drive is about $200 and you are making about $5 a month with it. That is a tough sell.
On a personal basis I can get a smaller cheaper drive for my own use.
For people who want the distributed private secure cloud storage it becoming a tougher sell since places that are not secure and distributed and private are becoming dirt cheap.
For $100 a year (or less) you can get Microsoft 365 Family which gets you 6 copies of office for people to use and 6 TB of storage.
That is what coins like this are up against. No it's not private or anything else. But it's cheap.
The payback on FIL mining is the most profitable of all known. The problem is that there is a huge barrier to entry... you need to spend tens of thousands of dollars on equipment and have tens of thousands of dollars worth of FIL coins at your disposal (this is a kind of guarantee that you will honor your obligations). But probably the biggest problem... is that even if you bought $100,000 worth of equipment, it will only work at full capacity in a year or so (that is, the first months of mining, your super expensive equipment will only work at 10% ... and with In time you will reach 100%).
