In the distributed storage sector, traditional solutions face very real pain points—high costs and low efficiency for storing large files and massive data, especially for bulky binary data. Walrus emerged against this backdrop, focusing on blob storage and offering tailored solutions for large-volume files such as videos, images, and AI datasets.
On the technical side, Walrus is paired with RedStuff's error correction mechanism, which significantly reduces the overhead of redundant data replication while ensuring data availability and security. This approach has a clear efficiency advantage over general-purpose solutions like Filecoin and Arweave.
The project also has a solid funding background. It previously raised $140 million, led by Standard Crypto, with top-tier institutions like a16z crypto and Electric Capital participating. For a storage infrastructure project, this funding lineup indicates strong market confidence in this sector.
Regarding token economics, the total supply is set at a relatively conservative 5 billion tokens, with practical use cases in storage payments, staking, delegation, and governance. Notably, the community retains 43% of the tokens, which means short-term unlocking pressure is manageable and leaves ample room for project performance after launch.
Overall, Walrus, as an infrastructure project, shows promising prospects in applications like big data, AI, and 3D gaming.
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OnchainUndercover
· 01-11 02:19
The Cardinal leading this fundraising operation is indeed impressive. However, I want to see if it can truly surpass Arweave after launch.
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PuzzledScholar
· 01-10 20:43
Problems that Filecoin and Arweave couldn't solve, can Walrus handle them? That's a bit of an overhype.
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MoonMathMagic
· 01-08 02:52
This financing lineup is indeed impressive, but how many storage projects can actually get off the ground? To put it nicely, it's infrastructure; to be blunt, it depends on who can survive until the day users actually start using it.
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GateUser-bd883c58
· 01-08 02:45
It sounds like Walrus aims to secure a position in the blob storage niche, with higher efficiency compared to general solutions as an advantage, but I haven't seen actual cases of how the RedStuff error correction mechanism is used yet.
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RetroHodler91
· 01-08 02:44
Sequoia and a16z have both come in. This fundraising lineup is indeed impressive. Optimistic about the storage track.
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FOMOrektGuy
· 01-08 02:33
HongSu's correction mechanism has some merits compared to Filecoin, but how is the 43% community share allocated?
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DoomCanister
· 01-08 02:32
Blob storage is indeed an interesting niche, with less competition compared to general-purpose solutions.
RedStuff's correction mechanism sounds promising, but whether it can truly reduce costs upon deployment depends on its subsequent performance.
Raising 140 million dollars is impressive, but it's uncertain how long they can sustain the burn rate.
A 43% community share is quite considerate; at least it won't be easily overtaken in the early stages.
There should be demand for AI dataset storage, but whether Walrus can capture market share from Filecoin depends on their subsequent execution.
In the distributed storage sector, traditional solutions face very real pain points—high costs and low efficiency for storing large files and massive data, especially for bulky binary data. Walrus emerged against this backdrop, focusing on blob storage and offering tailored solutions for large-volume files such as videos, images, and AI datasets.
On the technical side, Walrus is paired with RedStuff's error correction mechanism, which significantly reduces the overhead of redundant data replication while ensuring data availability and security. This approach has a clear efficiency advantage over general-purpose solutions like Filecoin and Arweave.
The project also has a solid funding background. It previously raised $140 million, led by Standard Crypto, with top-tier institutions like a16z crypto and Electric Capital participating. For a storage infrastructure project, this funding lineup indicates strong market confidence in this sector.
Regarding token economics, the total supply is set at a relatively conservative 5 billion tokens, with practical use cases in storage payments, staking, delegation, and governance. Notably, the community retains 43% of the tokens, which means short-term unlocking pressure is manageable and leaves ample room for project performance after launch.
Overall, Walrus, as an infrastructure project, shows promising prospects in applications like big data, AI, and 3D gaming.