Compare Polygon (MATIC) vs Filecoin (FIL)

MATIC is an ERC-20 token and the governance coin of the Polygon blockchain. Polygon network aims to solve Ethereum's fundamental limitations such as scalability, speed, and compatibility. Polygon claims to have the security of the Ethereum network while providing the very cheap and fast transactions. MATIC is the most successful Ethereum Layer-2 project so far. MATIC's Polygon network has a TVL of over 3 Billion USD.

Filecoin is a blockchain-based peer-to-peer digital storage marketplace. You can rent out the unused hard disk space on the protocol created by Protocol Labs, INC. Protocol Labs, INC is founded in San Francisco by Stanford graduate Juan Bennet. Filecoin's protocol is a key improvement in decentralized internet by providing an option for cloud storage services in competition with big corporates.