Today, I saw @jason_chen998 write about Irys, and I still remember the project and Arweave spraying each other a long time ago, in fact, what makes me more memorable is that Aunt Dovey's @primitivecrypto also voted, and everyone who 🤪🤪🤪 understands it. It just so happened that I also needed to fill in the ambush list of unissued projects recently, and I took the time to do a little homework, so I will record it here. In fact, Brother Jian's post is already very hardcore, and I try to explain my research results in easy-to-understand sentences. ~~~~~~~~~~~~~~~~~~ First of all@irys_xyz Although it comes from the Arweave ecosystem, it has evolved into an L1 chain built for future data needs, especially focusing on AI, IP (intellectual property) and the storage and application of high-value data. 📌 Why is it worth paying attention to? AI feeds on data, but 95% of high-quality training data is now in the hands of five tech giants, severely limiting innovation. None of the current mainstream blockchains (such as Filecoin, Arweave, and Ethereum) can really solve the problem of "data accessibility + intelligent processing": -Filecoin is slow, and smart contracts can't read data. -Arweave is expensive, the data is not verifiable, and it is centralized. -Ethereum blobs data can only be stored for 18 days, and the Rollup project is getting higher and higher in order to compete for storage space. ~~~~~~~~~~ 🚀 What did Irys do? By integrating data storage + smart contract execution on a chain, data can not only be stored, but also "moved", and logic such as payment, authorization, and trigger mechanism can be directly built into the data. For example, AI models can automatically pay for access to high-quality training data, and the data uploader directly benefits, creating a virtuous cycle. I quoted a cartoon video from Irys, which illustrates the principle very vividly: data that could only be used for storage can now be played into a variety of music. ~~~~~~~~~~ 💰 Where is the market potential? I'm now more and more immune to pure storytelling VC projects, so I'm more concerned about whether a project has a market and whether it can land and make money. One of the figures given by the project team is that the market size of high-quality data can reach $3 trillion, and Irys turns these "dormant assets" into programmable, tradable, and circulating resources. In addition, IP (especially AI-generated content) also needs new ways to confirm and monetize copyrights, and Irys can work with other IP-focused protocols, such as @StoryProtocol, to eat this piece of the pie. When Irys is combined with protocols such as Story Protocol that focus on IP management and monetization, it can form a stronger complete solution of data storage + equity tracking + automatic settlement. ~~~~~~~~~~~ There's a specific application scenario here that touched me a bit. In fact, there is a lot of AI training data in music, novels, codes and other fields, and last time I talked to a friend who wrote novels, and she was very anxious that AI novels would replace most online cool writers in the future. If in the future, the articles they write can solve the storage, pricing and execution through Irys, and the story solves the confirmation and tracking, and form a long-tail "automatic revenue generator" for creators after linkage, it will be really pretty dick. ~~~~~~~~~~~ At last With strong VC support and project data that once accounted for the majority of Arweave's data volume and transaction volume, Irys is still a relatively mature project. It can't just be seen as a stupid VC game game, I think it can still be seen at a glance. Now it's up to you to see how you can get involved.,After all, I've been a little scared of being backlashed recently.,Let's see if we can find someone from the team to do further DD.。
Data belongs on Irys.
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