#walrus $WAL What Is Walrus (WAL)?
Walrus (WAL) is a decentralized blockchain project whose main purpose is to provide a decentralized data storage and data availability network — meaning it’s a system where large files (like videos, AI datasets, images, PDFs, etc.) are stored across many independent computers rather than on central servers like Google or AWS. �
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The protocol aims to be:
Secure
Low-cost
Reliable (ensuring data is retrievable even if some nodes fail)
Web3-friendly (usable in blockchain/AI applications) �
Crypto Differ
People sometimes compare it to other decentralized storage projects like Filecoin or Arweave, but built on the Sui blockchain with newer technology and efficiency features. �
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📌 What the WAL Token Is
The native token WAL is central to the Walrus network:
🔹 What WAL is used for
Payment: Users pay for decentralized storage using WAL. �
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Staking & Security: Token holders can stake WAL to help secure the network and earn rewards. �
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Governance: WAL holders can vote on decisions about how the network is run. �
Binance Academy
The total supply of WAL is 5 billion tokens, with a large part of the supply intended for community, usage, and ecosystem growth. �The image you shared is a reward campaign on Binance’s CreatorPad platform, where:
300,000 WAL tokens are allocated as rewards for participants. �
Coinlive
Thousands of people join and compete for a share of the token rewards by completing tasks (like creating content, social posts, engaging with the project, etc.). �
Coinlive
There’s a leaderboard where creators with the most points (top quality/participation) earn a larger share. �
Coinlive
This kind of campaign is common in crypto to help projects get exposure, reward early supporters, and build community engagement. �
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🧠 Why Walrus Matters (Use Cases)
Walrus is positioned as more than just a token — it’s an infrastructure layer for Web3 and AI data use cases:
AI datasets & models can be stored in a decentralized way. �