@Walrus 🦭/acc Is WALRUS monetizing culture, or exploiting it?
Is Walrus actually capitalizing on a cultural phenomenon, or is it simply an "infrastructure" use case presented under the guise of "web3" buzzwords? Let’s skip past the marketing speak. Walrus is not a "meme coin" nor a "collectible gimmick." It is a decentralized storage network, running atop the Sui blockchain, designed to decentralize Big Tech cloud storage offerings: Simply put, its token, WAL, is a currency used to pay, secure, and upgrade the network.
The catch? The reality check:
But Walrus, compared with Filecoin, a different decentralized storage project aiming to disrupt AWS and to some extent did so by becoming a niche market player with adoption not quite happening as expected. Walrus differentiates itself with its reduced replication costs and on-chain storage programmability:
Until demand is actually created by application developers—AI data sets, NFT media hosting—limiting itself to a "infrastructure hype" tale, no matter how good its economics.
Monetizing a culture means developing a culture that adds value to people’s lives on a day-to-day basis. Walrus has a tech roadmap, but adoption is where it gets a little tricky.
