👍 @irys_xyz @cn_irys_xyz has achieved a milestone of 1 billion data transactions on the testnet, which not only represents a breakthrough in technical indicators but also signifies a fundamental shift in the Web3 data economy paradigm. I'm not just saying this; it's the actual situation, and it's indeed impressive. Where does this manifest? In my view: ➡️ It's like moving from "cloud storage thinking" to "asset thinking." Because in the Web2 "cloud storage model": data is stored on centralized platforms like AWS and Google Cloud, users pay for storage, but the platforms obtain data for free to train AI and build business models, leaving creators as "free labor." Irys's innovation lies in breaking out of the "storage track" and defining a new category: programmable data chains, which not only store data but also turn data into "executable assets." Data = Asset 📊 Beyond the 1 billion transactions, other data is also excellent. Overall, IRYS definitely has the strength of a top-tier AI project. From the exchange's perspective: there are no major issues with top-tier exchanges; the question is which ones will list it. In addition to the 1 billion transaction data, there are also storage data, daily active users, and other angles. IRYS already shows signs of being a "leader." If compared with competitors, I've also made a chart to help everyone make a more intuitive judgment. No need for more words; everything is in the chart. ➡️ My core thinking revolves around the core logic of commercial landing related to its product. Compared to traditional projects that sell tokens as core revenue and governance logic, IRYS has also made many innovations. I summarize it into three aspects: 1. Data as an asset: Each piece of on-chain data can set access conditions (such as paid viewing, AI training authorization), and profits are automatically distributed to the owner. 2. Combinatorial network effects: The same dataset can be referenced by multiple applications (such as AI models, DeFi protocols, social networks), generating fees with each call, forming a "data as a service" rental economy. 3. Eliminating intermediaries: No need for AWS or Google as "gatekeepers"; creators earn directly on-chain, with the protocol taking a small fee to maintain operations. 🤔 Expectations for the mainnet launch: 1. My comparisons above are somewhat one-sided. I think if we talk about project/token valuation, we should benchmark against cloud computing giants (AWS accounts for 15% of Amazon's revenue) and data middleware (Snowflake peaked at a market cap of $50 billion). This market expectation can be maximized. 2. Still talking about a comparison with the cultivation levels from the recent novel I enjoy, "A Mortal's Journey to Immortality." If other projects are still in the foundational stage, then the testnet IRYS has actually reached the Golden Core stage. Whether it can step into the Nascent Soul realm depends on the mainnet launch. And I look forward to IRYS standing at the pinnacle of the human realm, reshaping the current narrative system of AI. 3. There’s not much we can do, only to build and support.
ONE BILLION data transactions processed. On testnet. Mainnet next.
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