2026-01-12 22:22:05

A decentralized storage protocol on the Sui chain worth paying attention to, with its native token WAL having a total supply of 5 billion tokens. The highlight of this project is the adoption of Red Stuff encoding technology, which can significantly reduce storage costs while ensuring data reliability.

WAL's uses cover several core areas: paying for storage fees, staking for mining participation, and participating in ecosystem governance voting. The project also has a strong funding background, having received investments from top capital firms like a16z.

In terms of practical applications, it has already been deployed in AI dataset storage and NFT metadata storage fields. This means it is not just a conceptual project but has concrete use cases to support it. In the increasingly competitive Web3 storage sector, solutions that balance cost and reliability indeed have some potential room for growth.

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gm_or_ngmi

· 01-15 12:04

WAL sounds okay, but a supply of 5 billion feels a bit high. Will it be dumped? Just in need of a storage solution, need to see if Red Stuff's technology is reliable. A16z investment doesn't necessarily mean it will succeed. Who knows how competitive the storage sector is? There are already applications in place, which is good—at least it's not vaporware. Is the staking and mining part just a gimmick or does it actually generate returns? Need to think it over. With such a large supply, it feels a bit like a pump-and-dump scheme. Having practical use is better than most projects, but still need to wait and see how it develops.

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GasGrillMaster

· 01-15 07:27

Red Material Encoding sounds awesome, but can the cost really be reduced? --- It's another project funded by a16z; these days, a16z invests in many projects... --- With a supply of 5 billion tokens, how can it possibly rise given the high inflation pressure? --- Has it been practically deployed? Which platforms are using it, can it be verified? --- The storage sector is so competitive, why can WAL stand out? --- Looking only at the funding background isn't enough; the main thing is the actual user base. --- Staking mining is back again, be careful not to get caught. --- There is indeed demand for AI dataset storage; you might want to pay attention. --- Balancing cost and reliability? Both sound good, but these two often involve trade-offs. --- What is Red Stuff encoding? Can you give a simple explanation?

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ChainBrain

· 01-13 15:12

A new player has entered the storage track, and a16z's endorsement still carries some weight. It's just unknown whether this Red Stuff encoding technology is really that powerful. The Sui ecosystem is becoming too competitive; a supply of 5 billion tokens seems a bit too much. Ultimately, the real value depends on application implementation. There is indeed demand in the AI dataset sector, but both Arweave and Filecoin have been working on it for a long time. How can this latecomer overtake them in a curve? Staking mining is the same old trick. Be careful not to be diluted to the point of questioning life.

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MEVHunter

· 01-12 22:52

How much does the Red Stuff encoding actually reduce gas costs? Is there on-chain data to support this? Or is it just marketing hype again?

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MondayYoloFridayCry

· 01-12 22:52

Red coding technology + a16z backing, storage seems to really have some potential Practical applications of AI data storage are more reliable than those just storytelling A supply of 5 billion isn't small; how to allocate it needs to be carefully considered Recently, Sui ecosystem storage projects are piling up. Why did this guy stand out? Can staking mining deliver expected returns? That's the key Early-stage investors are strong, indicating the direction is correct, but whether it can be sustained is another matter Lower storage costs are a good thing, but what about user experience? Not clearly explained Should I get on board... wait a bit, let's see how the funding flow develops

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ForkItAll

· 01-12 22:49

The Red and Green Encoding technology sounds pretty good, but I'm worried it's just another project under the A16Z halo. What happens after the hype dies down?

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0xSleepDeprived

· 01-12 22:36

Ah, Storage Coins again. This time it's a bit different? The Red Material technology sounds quite impressive... AI data storage is indeed a necessity, but I need to see the liquidity given the 5 billion supply. A16z's endorsement is good, but how much lower is the actual cost compared to IPFS? The details weren't mentioned. NFT metadata storage? Big companies are all doing it. Why can WAL win? Staking and mining strategies are becoming more familiar—it's just about locking chips to increase TVL. Having actual deployment is a plus, but I'm more concerned about how the tokenomics are unlocked. Storage has gone through several rounds of hype; is this really just another scam to fleece the newcomers?

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SignatureLiquidator

· 01-12 22:33

Red Material Coding Technology sounds pretty good, but could it be one of those flashy but practically useless things? --- a16z backing is somewhat interesting, but these days who hasn't been invested in by big capital? The key is whether it can truly scale. --- WAL with a supply of 5 billion... feels a bit excessive, need to watch out for the risk of dumping later. --- The storage track is so crowded; if it really has competitiveness, the volume should be higher. Why is it so low-profile? --- I only half believe if there are practical application scenarios. Let's wait until we see real on-chain data.

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