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Walrus

The next generation of data storage. Secure, efficient, and decentralized.

The Story

After the successful development of their multi-billion-dollar Layer 1 blockchain Sui, Mysten Labs has entered the decentralized storage game with Walrus. Currently available on testnet since October 2024, Walrus aims to leverage Sui’s blazing fast TPS and low fees to make data storage great again.

Additionally, since Walrus is incubated by Mysten Labs itself, it has the financial and technical resources required for a project this size to truly succeed. With most of the blockchain data storage business going to only a few protocols, this is one to watch.

Articles

The Story

After the successful development of their multi-billion-dollar Layer 1 blockchain Sui, Mysten Labs has entered the decentralized storage game with Walrus. Currently available on testnet since October 2024, Walrus aims to leverage Sui’s blazing fast TPS and low fees to make data storage great again.

Additionally, since Walrus is incubated by Mysten Labs itself, it has the financial and technical resources required for a project this size to truly succeed. With most of the blockchain data storage business going to only a few protocols, this is one to watch.

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Tokenomics

Token Symbol
$WAL
Chain
Unlock Schedule
Max Supply
5,000,000,000 WAL
Initial Circulating Supply
1,250,000,000 WAL
Token Allocation
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Token Unlock Schedule
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