IPFS is the Inter Planetary File System, the media content is stored in fragments distributed to nodes, like blockchain nodes. It is similar than Torrent. Each fragment is stored at least 3 different places. Of course encrypted, so as a default, only you, the owner of the content can decrypt it. But you have to pay for this storage, not too much, but it is necessaryto maintain the storage. This is like the bitcoin mining (Proof of Work), but it is the Proof of Storage. IPFS project has own coin, called Filecoin. So, it is not a "shitcoin". Actually not a coin, rather than a token. BTW: some internet browser can use it, like Brave (it is a fork from Chrome but with built-in adblocker, crypto wallet, webtorrent, and IPFS)

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