For me, I don't think all these cloud computing projects would compete outside the crypto space, where are the Golem, Dadi, Somn etc of these world with all the promises before their ICO, that all failed to deliver any sound product. I don't see them compete with Amazon nor Microsoft in the space so I don't see the decentralisation
Well, this one is delivering, their websites run on the technology. The 3bot connect app can be installed on your phone. And it’s not only about compute like Golem, and not only about storage like filecoin, sia etc. It contains an OS, still Linux as kernel but with storage dispersed over different independent nodes. It’s fully decentralized as capacity can be rented from a grid of independent farmers, each of them owning hardware on which runs the zero-OS operating system. The project started already early years 2000, evidently not for the blockchain component, but the founder is a pioneer When it comes to data storage mechanisms.
They didn’t like to do an ICO. They were funded privately so far. The IEO now is not even selling promises, it’s simply the distribution of already farmed tokens, you’d better call it the noting on a new exchange. And a token represents internet capacity (compute, storage, memory) in the same way as Amazon or Microsoft are having their price for the internet capacity that is centrally owned by them. So there is value behind this token.
So please do your homework, and do it seriously, before judging.