Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
🧊 Thread: Why Walrus Protocol ($WAL) Could Be the Next Big Thing in Blockchain Storage A powerful, low-cost data infra layer built on @SuiNetwork, backed by Tier-1 VCs & ex-Meta founders. Let’s dive in 🧵
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
🚀 What is Walrus Protocol? A decentralized data storage protocol optimized for heavy data (PDFs, 3D, AI files...) with faster speed, lower cost than Filecoin/Arweave. Live on Sui mainnet in March 2025.
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
💡 Problem Solved Current chains suck at storing large data blobs (esp. for AI, gaming). Walrus uses RedStuff (fountain codes encryption) to make it scalable & 100x cheaper than legacy solutions.
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
💰 Funding & Valuation Raised $140M in a single round at $2B FDV. Investors include: • a16z • Franklin Templeton • Electric Capital • Standard Crypto Token sale priced at $0.40.
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
4/ 🧠 Founders = Builders Developed by Mysten Labs (team behind @SuiNetwork): • Evan Cheng (ex-Apple, Facebook) • Sam Blackshear (creator of Move language) • Adeniyi Abiodun (ex-Novi, Meta) Real infrastructure pedigree here.
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
5/ 🔁 Tokenomics • Ticker: $WAL • Supply: 5B • Circulating: 1.25B (25%) • Current price: ~$0.48 • Market Cap: ~$598M • Use cases: payments, governance, data security Only 1% unlocked monthly in Yr1 = minimal sell pressure.
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
6/ 🎯 Short-Term Catalysts • Extremely low real float due to lockups • Potential integrations with Solana, ETH • Use cases in AI/Gaming/Payments exploding on Sui → All fuel $WAL growth in 2025
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
7/ ⚠️ But Long-Term? • Post-2026: massive unlocks = sell pressure • Token designed more for near-term narrative than long-term hold • Might be better to bet on $SUI instead of $WAL for broader upside
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
8/ 📊 Tech & Biz Model • RedStuff encryption = fast & cheap storage • Storage prices set by validator vote (2/3 stake) • Rewards for uptime, penalties for missed challenges • Target users: AI/3D game studios, payment platforms (B2B)
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
9/ 🔥 Competitive Edge vs Filecoin/Arweave • 100x cheaper • Sui-native + composable • Infinite scale via blob sharding • More programmable = better for dApps
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Darcy | NADS & Sui pfp
Darcy | NADS & Sui
@darcydinh-bb
10/ 🎁 Alpha Call • $WAL is undervalued below $0.25 • Position before catalysts hit in 2025 • But manage exit by late 2025 before unlock pressure rises → Risk-on, short to mid-term high conviction play
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