Sui's Three Carriages:
Move (Programming Language)
Sui Network (L1)
Walrus (Storage)
As an application personally developed by the Sui team (Mysten Labs), the high status of #Walrus in the Sui ecosystem is evident. Given that Walrus will launch its mainnet in the first quarter of 2025, we might say that this will be one of the most certain Web3 projects in 2025.
Currently, it is difficult to access the Sui testnet, with several ways to obtain it:
Follow the official Twitter @Walrus_CN to participate in activities
Join the official TG group: https://t.me/WalrusChinese (activities are held irregularly)
Leave a comment with your Sui address, and I will randomly give some away
1/ $WAL Valuation
The valuation of $WAL can be analyzed from two aspects.
Looking at the track:
Although Walrus is built by Mysten Labs and uses Sui as a coordination layer, it is available for any builder to use, including Ethereum and Solana. This means that Walrus can directly compete with Filecoin and Arweave.
$AR: $980 million circulating market cap
$FIL: $3.1 billion circulating market cap
It is unrealistic to approach or even catch up with $FIL; in terms of market cap, $AR is the best reference for $WAL.
Looking at the team:
Mysten Labs has previously developed two Sui ecosystem applications: DeepBook Protocol and Sui Name Service.
$DEEP: $790 million circulating market cap
$NS: $35 million circulating market cap
Whether in ecological position or narrative imagination, $WAL is superior to $DEEP. Therefore, it should not be a problem for $WAL's market cap to be higher than $DEEP.
2/ How to Ambush
Walrus is currently in the testnet phase and will launch its mainnet and TGE in the first quarter of 2025.
Several ambush strategies:
① Deepen involvement in the Sui ecosystem: stake $Sui; hold $Sui, $DEEP, $NS, and other Sui ecosystem tokens; hold OG Sui NFTs
② Interact with the Walrus testnet: https://stake.walrus.site/
③ Experience the Walrus application: https://tusky.io
④ Galxe tasks: https://app.galxe.com/quest/Walrus/GCiRCtobES
The best approach is to experience all of the above methods. After all, the $WAL airdrop is almost a sure thing.
3/ Conclusion
I interact with it every day; whether this persistence is worth it will likely have an answer in a few months.
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