Mysten Labs has announced its new project Walrus’ mainnet and $ wal token launch. This is the same team that launched SUI and this time too they are planning to bring a new revolution in the field of crypto and AI data storage through their new project. Walrus aims to store large data sets and AI models with secure and private method on the principle of decentralization. If you want to get complete information about SUI What is sui Read the blog.
Sui and Walrus, a powerful organization
The SUI Crypto has become an important name in the world in the last few months. In the last 12 months, SUI has recorded a jump of more than 40% and its ecosystem is also growing rapidly. Mysten Labs, SUI creators are now launching new and important projects like Walrus in the ecosystem of this project. Walrus is considered to be the biggest launch ever in the Ecosystem of Sui and is one of the biggest launch in the entire Crypto industry.
Secure decentralization solution for AI Information
Nowadays large data sets are being used in the field of AI and machine learning. The need for decentralization to store these data sets is increasing. Walrus has developed a system of storing large data in the form of blobs in the form of blobs. Walrus is especially suitable for AI fashions and private data sets, which companies do not want to publicly leaks, but want to use them for analysis, testing and modeling.
Now any AI or machine can use learning company Walrus, if she wants to keep her data deserted and avoid the misuse of data. Other projects such as FileCoin, which provide data storage, are unable to store data in a secure and decentralized manner against Walrus. Please tell that Filecoin is a $ 2 billion project.
Walrus’s big funds and new investors
A large group of crypto and traditional investors is investing in Walrus. Walrus Underpinning has recently raised a $ 140 million fund, which is a major achievement in this difficult and uncertain market position. This includes Franklin Templeton Investments, A16Z Crypto, Electrical Capital and other Crypto-enemy VC (VC). This shows that investors believe in the project of Mysten Labs and they are expected to success like SUI once again. Blogs of our website to know the main features of Sui Why is sui unique Read to
The association of Mysten Labs as Walrus’s founding team gives investors confident, especially during this big funds. Investors have acquired only 7% tokens, making the rest of the part available to common users and investors. It indicates a good opportunity, especially when it is a matter of taking steps towards decentralization.
Important steps for AI’s decentralization
The launch of Walrus is a major step towards AI fashions and data sets. Just as there is a centralization of data in social media platforms, AI information and centralization of models can also become a matter of concern. Presenting a solution of centralization storage by Walrus can make the world of AI more secure and transparent in the future.
Walrus’s new partners and future plans
Along with the development of Walrus, new partners are being connected to it, which is providing business expectations. Walrus can be successful in expanding its service in a more effective way. Meanwhile, more projects like Deepbook and Cetus are also achieving success in SUI’s ecosystem.
Conclusion
Walrus’ Mainnet and $ Wal Token’s launch Crypto and AI are a major step in the world of data storage. Through this project by Mysten Labs, a new revolution can begin towards storing large data in a decentralization manner. Walrus is going to give a new direction to the future of data storage. In the coming time, it will be interesting to see how the development of this project brings changes in AI and Crypto World.