Congratulations to Irys @irys_xyz on completing a new round of $10 million in financing, bringing the total financing amount to $20 million! This round was personally led by @coinfund_io, with well-known institutions like Amber and Hypersphere participating—what does this indicate? It indicates that the future of data chains is no longer a guess, but an inevitable direction in the eyes of institutional capital, laying the groundwork for a $30 trillion data economy.
Moreover, Irys is not just about storage; it is the world's first programmable data chain, offering 20 times lower costs, second-level retrieval, and native smart contracts, making it a true foundational facility that can turn data into assets.
Now, let's take a look at comparable competitors in the same field:
•Filecoin: Market cap of $2 billion, FDV of $4.7 billion;
•Walrus: Market cap of $580 million, FDV of $2.1 billion;
The key point is that Irys is just getting started, and it has not issued tokens yet. There are still various channels to take advantage of without spending money. If the market cap can reach $500 million to $1 billion in the future, the returns will definitely far exceed those of currently buying competitors, after all, why spend real money on secondary purchases when you can get in at zero cost?
Let's go for it!
WE'RE THRILLED TO ANNOUNCE...
Our $10M Series A fundraise, led by @coinfund_io, bringing our total funding to $20M.
25.48K
26
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.