Filecoin is a decentralized peer-to-peer network designed to store files with cryptographic proof systems and economic incentives that ensure long-term, tamper-proof data availability.

Quotes that support claims

Filecoin is a peer-to-peer network to store files, with built-in economic incentives to ensure files are stored reliably over time.

Filecoin Foundation says it facilitates the open-source governance of the Filecoin network, a peer-to-peer network to store files in a decentralized and reliable fashion.