Recently, I have been thinking about a question, for on-chain projects, from defi to AI, the fundamental significance lies in the support of data, whether it is aggregation or storage, this bull market has not yet appeared a very bright data infrastructure project, such as the last bull market $FIL so far its FDV has remained at $5 billion. From my personal point of view, in the face of more and more on-chain projects and protocol innovations, the demand for data storage and integration will definitely become higher and higher, so I have been looking for some data-related projects to research in the past few days. The main research requirement is that the token has not been TGE, which is the primary condition for me who is not good at the second level, and the other is high adoption rate, strong endorsement and even institutional level adoption. When I was checking the @KaitoAI list a few days ago, I found that @irys_xyz climbed relatively quickly, and the proportion of overseas KOLs was very heavy, which also made me have to pay attention to carefully digging up its information First of all, the VC and team behind data-related projects are very important, because this involves the docking of resources of the partners behind @irys_xyz the relationship between the adoption rate, and the obvious is led by Framework Ventures and Hypersphere Ventures, and Hypersphere Ventures is good at infrastructure projects from the perspective of investment history, and there are many star projects in the investment Framework's support in project incubation is also one of its strengths, so I also decided to focus on participating in the @irys_xyz, the current known financing is less than $8.7 million, it is said that the A round is in negotiations, blind guess is tens of millions, and the valuation is more than 9 figures I mentioned the reasons for participation earlier, and then I will talk about what its technology brings to the entire web3. @irys_xyz positions itself as a programmable data chain (L1), and I feel that it cannot be regarded as an ordinary blockchain, which combines "storage data" and "computing functions". The data of the traditional blockchain is like an archived photo, which is put there after taking it, but Irys makes the data "alive" and can be directly called and operated by the program, like a smart warehouse that can run automatically, so that the data is no longer a dead record, but an "asset" that can be manipulated by smart contracts. For example, if you upload a piece of code or an image, others can directly use your data to develop something new through a smart contract, and the data becomes an interactive "building block", so here I see it as an application chain that turns "data" into "productivity". So how to verify its positioning and how to achieve it? I found several of its partners: working with projects such as @codatta_io, @OpenledgerHQ, and @fere_ai, which use their data for AI dataset storage and model training traceability DeFi: @injective: Irys provides programmable data solutions for it; @Ensofi_xyz Protocols such as DePIN (Decentralized Physical Infrastructure) that require real-time data calls and low-cost storage such as DePIN (Decentralized Physical Infrastructure): Trusted and permanent storage of data, suitable for data management for IoT and edge devices Said some reasons for participating in it, and finally talked about its appearance on the @KaitoAI list, and was chased by overseas KOLs, I feel that there will be a big surprise waiting for them at TGE, here is just a blind guess, after all, foreigners are also unprofitable early, and now the Chinese area is not very rolled, looking forward to the surprises in the future. If you don't like to pout, participate in the typing game: SpriteType Typing Challenge Personally, I think it's a fun mini-game that challenges you to type in 15 seconds to 120 seconds to see how high your words per minute (WPM) and accuracy can be! Results are permanently saved on the Irys testnet. Process: Open
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