Over the years, there have been many projects focused on data entrepreneurship, with well-known ones like Filecoin and Arweave.
However, most of them have not been satisfactory, primarily due to the imbalance in pricing and supply within storage networks.
@irys_xyz aims to address this issue by transforming stored data into programmable data.
📌 Two key design points:
> Price anchored to hard drive costs: approximately $2.50/GB or less, with permanent storage potentially dropping to $0.03/GB/year, unaffected by token fluctuations.
> Short-term + permanent coexistence: Developers pay as needed, supporting both temporary data and long-term scenarios such as research and culture.
In summary: Irys is a data chain where data is generated and returns value to its creators.
Our community has grown MASSIVELY this year.
500k+ strong across 7+ regions.
And while there are endless examples to pick from, let's celebrate some of the incredible work happening in our community.
Here are 6 hand-picked highlights from the Irys team 🧵
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