Walrus Great Innovation!

1. Project Introduction

Walrus (Token WAL) is a decentralized storage protocol in the Sui ecosystem, incubated by Mysten Labs, which has secured $140 million in top-tier funding (with leading investors including a16z, Standard Crypto, etc.), achieving a valuation of $2 billion, positioned as the next-generation large-scale data storage infrastructure for Web3. Its core solution addresses the pain points of traditional blockchains that struggle to efficiently handle large multimedia files, AI datasets, and other substantial data. By deeply integrating with the Sui public chain, it constructs a collaborative architecture of 'on-chain programmability + off-chain low-cost storage', storing 4343GB of data within a month of the testnet launch, with over 14 million active users.

2. Core Advantages

1. Technical Breakthrough in Cost Reduction and Efficiency Enhancement: Utilizing Red Stuff's two-dimensional erasure coding technology, it requires only a 4-5 times replication factor to ensure data security, with storage costs as low as $50/TB/year, reducing costs by 75% compared to Filecoin and decreasing by 98.6% compared to Arweave, approaching the levels of centralized services like AWS S3, while improving data recovery efficiency by 30 times.

2. Ecological Collaboration Builds Barriers: Transforming storage objects into programmable assets on the Sui chain, supporting smart contract calls to realize dynamic data updates, copyright revenue sharing, and other functions, while the storage behavior consumes SUI tokens, forming a positive cycle of 'storage demand → SUI deflation → ecological value increase', becoming the core engine of the Sui economic system.

3. Multi-Scenario Implementation Validation: Successfully deployed in scenarios such as Decrypt media 4K video storage, Walrus Sites decentralized website hosting, Akord encrypted cloud storage, and can also serve as DA layer storage for rollup transaction data, AI model weights, covering the core storage needs of Web3.

4. Robust Token Mechanism Safeguard: The total supply of WAL is 5 billion tokens, with 10% allocated for user airdrops and 43% invested in community incentives. It employs a deflationary design with staking penalties and node reductions, incorporating payment, governance, and security functions, and became a flagship project in the DePIN track after being listed on Binance.

@Walrus 🦭/acc #walrus $WAL