Recently, news about Walrus and students suddenly getting rich has been everywhere, which makes people's mindsets a bit explosive. I decided to close the discussion group and spent three days pondering alone, and I’ve actually figured it out. Instead of following the crowd to discuss, I’d rather talk about why I am genuinely willing to allocate a portion of my holdings and plan to hold it patiently for two or three years.

**1. What does this cycle lack?**

To be honest, recent narratives are overwhelming, but interestingly, many projects are essentially "paper houses" built on PPT presentations and Twitter hype. When the wind blows, they all collapse. I am increasingly hungry for something "substantial"—something with real code support, data verification, and the infrastructure capable of withstanding a bear market.

What does Web3 really lack? It needs a storage layer that is both decentralized, user-friendly, and not painfully expensive. Think about the current situation: storing a high-definition image on-chain is ridiculously costly, let alone large-capacity assets like game items or AI models. If this problem isn’t solved, the so-called "next-generation internet" of Web3 will be crippled. Walrus targets this real, existing but unfilled big gap. It’s not creating new demand out of thin air but addressing a visible, genuine problem everyone recognizes.

**2. There is indeed a pattern in the approach**

The interesting part is that Walrus didn’t directly compete with giants like Filecoin that aim to store "everything." Instead, it chose a clever entry point: placing the core storage and verification logic off-chain, while anchoring ownership, payments, and settlement information—lightweight but critical—directly on Sui.

You can think of it this way: other storage protocols want to build skyscrapers from the ground up, but they might end up being inefficient or unusable. Walrus found an ecosystem (Sui) that already has a solid foundation and efficiently added its "storage layer" on top. This architecture avoids reinventing the wheel and leverages existing infrastructure, making costs and efficiency two completely different concepts.

**3. Why is it worth waiting?**

I don’t understand short-term hype, but from a two- or three-year perspective, the demand for storage is real and unavoidable. As Web3 applications become richer—expanding on-chain game assets, deploying AI models, maturing NFT ecosystems—the demand for storage will only grow stronger.

Walrus may not necessarily win, but it’s targeting the right direction. Moreover, its approach (off-chain processing of complex calculations, on-chain guarantees of rights) is a pattern worth long-term observation, as it could very well become the standard for the next wave of infrastructure.

Honestly, I’m not betting that Walrus will definitely succeed, but I am betting on a bigger trend—Web3 will eventually have to solve the storage challenge. Under this premise, getting on board early with a serious player who is doing real work is a no-brainer.