It leverages the#WaIrus token, a cryptocurrency that powers its economy, ensuring affordable storage and fair rewards for network participants
Walrus developer (WAL)
Walrus was developed by Mysten Labs, the same blockchain team behind Sui.
Venture capital supporters of the Walrus platform (WAL)
Walrus has attracted significant interest from major venture capital firms. The Walrus Foundation, the main entity behind the protocol, raised $140 million in funding from some of the biggest names in cryptocurrency investing. Standard Crypto led the funding round, with additional investments from the following.
Andreessen Horowitz (a16z)
Electric Capital
Franklin Templeton Digital Assets
The overall valuation of Walrus at the time of funding was $2 billion, indicating strong confidence in its ability to disrupt the decentralized storage market
Walrus is designed to be fast, secure, and scalable. Here are the detailed step-by-step instructions on how it works..#waIrusprotocoI #waIrus #WaIrus $WAL #Binance #Write2Earn
