Thanks for the downvote - cloud storage is one aspect of it, yep. It's essentially AWS with blockchain security, no tracking, biometric logins and no need for a firewall. It's not meant to be a replacement for Ethereum or Bitcoin - why would anybody want to build an immutable fully featured website? Something like Reddit but built to be immutable and uncensorabke would become the world's largest CSAM repo.
The tokenomics are truly awful like any VC-bootstrapped inflationary coin although a huge amount is staked for 8 years, it's currently not decentralised enough with only 500+ nodes although I'd argue that that woeful amount is more decentralised than any chain where 3-4 pools decide what the miners and network does and it has zero ties with the WEF, they booked a room in the same building at Davos along with a few other tech companies. When my business has its manager meetings in a conference hall we're not suddenly in cahoots with the businesses in the other rooms either side of us. Ethereum has closer ties to the UN given they've worked directly with UNICEF.
It does incorporate smart contracts though, which you don't seem to want.
Anyway, I wasn't trying to convince you of anything or shill the coin - you asked a question and I answered!
Next time instead of copying the /r/cryptocurrency rhetoric because "waah the price has dropped" maybe ask yourself why Vitalik considers ICP to be a sister network to Ethereum.