no, i think it should replace torrent! imagine you can be paid by serving data!
Check http://storj.io/ and http://driveshare.org/ .
those are not funky because it can't be mined... (or did i was wrong ?)
No I think you can't mine it , but you can earn it if you offer storage data . It's the level up of burstcoin ....
and the payment is not good, because you pay for some capacity on provider storage, not on what you actually used.
on burst you paid for each bytes you use, its cheaper, its more redundant in burst network, and its not centralized!
Also bitcoin is not centralized ( I'm joking ) ... However if the value of burstcoin in the various exchanges not raise I will think the burstcoin will die.