"@irys_xyz has secured $10 million in Series A funding, are they about to launch a token?" Big news! CoinFund is leading the round! This also represents institutional capital's direct recognition of the $30 trillion data economy infrastructure 👇 ➣ Funding details and institutional backing Let me share a few key numbers to get everyone excited: Currently, @irys_xyz has raised a total of $20 million Series A: $10 million, led by CoinFund, with participation from Hypersphere, Tykhe, Varrock, Breed, Amber, WAGMI ➣ What’s the value of this round of funding? ① First of all, institutions are smart and won’t write 8-digit checks for experimental projects. Top-tier venture capital like CoinFund invests in infrastructure that can change the game. They see the potential of Irys as the "AI economic infrastructure layer." ② Data shows the flywheel effect has been activated. Look at the on-chain data: over 600 million on-chain transactions processed, over 4 million daily active wallets, and over 80 strategic partners. Aethir and Metaplex have both chosen Irys. ③ The potential for growth is significant. Currently, FIL has a market cap of $1.64 billion, and Walrus has a market cap of $500 million, so Irys has considerable room for growth compared to similar projects. However, Irys has clear technical advantages: - 20 times cheaper than Filecoin, with retrieval speeds reduced from days to instant. - More complete than Walrus, a true Layer 1 rather than just a dApp. - The first programmable data chain, with built-in value capture capabilities. Conservatively estimating based on Walrus's half size, it has a market cap potential of $300 million, and if it gains Filecoin-level recognition due to its technical advantages, that could reach $1.7 billion. ➣ The last opportunity before the mainnet It seems this is the last chance before the mainnet, brothers, don’t miss this train!