#walrus $WAL Walrus Protocol is a decentralized data storage and availability platform built on the Sui blockchain, designed for resilient, scalable, and programmable storage of large, unstructured data such as videos, images, AI datasets, NFT media, and decentralized applications. It leverages erasure-coding technology to split files into encoded fragments distributed across multiple independent nodes, ensuring high fault tolerance, redundancy, and cost efficiency. Each file is treated as a programmable on-chain object, allowing smart contracts to enforce access control, storage duration, updates, and verification. The WAL token powers the ecosystem by enabling storage payments, staking, governance participation, and incentives for node operators maintaining network reliability.