Iris rewards I receive 40 million won.
This is the reward calculated based on 5B, but I believe in the won listing beam.
I believe that our @irys_xyz will definitely deliver,
and let's keep our hope circuit running at full speed today.
Now, let's explore the reasons why IRYS can reach a 5B valuation and its technical foundation.
IRYS is not just a simple data storage project.
It is an L1 storage chain that has implemented 'blockchainization of data' in the most complete way.
In other words, it is an infrastructure that allows for the permanent recording and verifiable storage of all forms of data on the blockchain.
Particularly, IRYS's strength lies in its integration with the Bundlr protocol.
IRYS is directly connected to Bundlr, allowing it to bundle thousands of transactions before sending data to Arweave, enabling fast and cost-effective processing.
Thanks to this structure, upload speeds are fast, fees are low, and decentralization is maintained.
IRYS is not just a storage solution,
but through a unique consensus structure that combines Proof of Access and Proof of Replication,
it secures both the permanence and authenticity of data.
This is also the core of the data trust layer referred to in Web3.
Major storage protocols like Arweave, Bundlr, Filecoin, and Lighthouse have already begun integrating data uploads based on IRYS, signaling that the standardization of storage infrastructure is underway.
The technological prowess of IRYS does not stop at mere storage.
It is expanding into a core layer of Web3 data infrastructure that can be applied to various sectors such as data permanence, verifiable storage, and AI·DeFi.
A 5B valuation is not an illusion.
It represents the value of a layer responsible for the data trust of the entire Web3, not just the value of storage.
[@irys_xyz ]
It was tough, but I wrote it using a hidden Digimon metaphor.
The @irys_xyz project has also made it to the leaderboard! Haha
Feel free to quote and write about it anytime, and I'll repost it for you.
Since it's a TGE project that won't be around for long, let's cheer each other on!
2.4K
32
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.