Sui price

Liquidation Levels - 5:16pm August 22nd

Last week: "it's all over, it's all over"

Overseas friends recommend the project - @irys_xyz Information received today that overseas friend Ola Ξlixir (@thegreatola) said that the project will soon have a TGE He also asked me to participate a lot recently, I looked at the information, and there is almost no one in the Chinese circle at present, and it is said that only 25 Chinese creators are participating The competition in overseas circles is fierce, but this project is quite popular in South Korea, and the popularity is quite high This time the Chinese community also has a reward pool of more than $100,000, your mouths are really tight, in general, this time it is mainly to be head-to-head participation, let's get a little understanding, and TGE is approaching Creators can check their rankings 👉 here What is Irys? Irys is a Layer-1 data chain specifically designed for AI, which is different from traditional public chains. It combines a low-cost storage layer with a high-performance, EVM-compatible execution layer (IrysVM) to make data truly programmable. What does it mean? Instead of just "storing files" like Filecoin or Arweave, it allows data to "move" on its own. For example, if you send a picture, you can set others to pay to see it; Your content is used as a training set by AI, and the contract will automatically share the profit with you. Even AI models can call data directly on-chain, making the entire process transparent and compliant. In this way, data goes from dead files to profitable assets. "Data programmability" itself is a huge track, and combined with the trend of AI explosion, there is a lot of room for imagination in this direction About financing and advantages Recently, Irys has just completed a Series A round of financing of $10 million, led by CoinFund, with a total of $18.7 million raised for the entire project. This financing result shows that capital is very optimistic about this direction - the data programmable + AI-friendly + Layer-1 track is indeed attractive enough. Original tweet: Compare other projects: Filecoin / Arweave: Only store data, smart contracts cannot be directly operated and cannot make money Story Protocol: Mainly for copyright tracking, fixed gameplay, limited playability Walrus Network: Relies on the Sui chain, with complex operations and limited storage Advantages of Irys: Data programmability, EVM execution layer, low cost, short-term/permanent storage, AI can be called directly, data becomes a living asset, and can also make money I saw netizens say that AR is now the storage leader, no matter which storage project is in the future, as long as it is stored, everyone's first reaction will be to compare it with the walrus Walruses were very popular when they first went live, especially in overseas communities and Korean circles. At its peak, new users join almost every day, and many creators and developers are paying attention to its storage and NFT gameplay. The community is active, and airdrops and reward pools have stimulated participation, making everyone want to tap into early opportunities However, it also has limitations, such as relying on the Sui chain, limited storage time, and slightly complicated operation processes for novices, so the community popularity will slowly stabilize over time It can be said that Walrus used to be one of the most watched projects in the storage track, and it is also a benchmark for everyone to compare the new chain So do you think this new star, Irys, has a chance to surpass the walrus?