How to explore the frontline trends of Web3? Web3Caff Research will carefully select and interpret the latest publicly disclosed Web3 financing projects. See through the phenomenon to understand the essence - immediately follow us to sniff out market trends.
Author: ShirleyLi, Web3Caff Research Researcher
Cover: Logo by this project, Typography by Web3Caff Research
Word Count: Over 2400 words in total
According to the official disclosure, on March 20, Walrus completed a private financing of $140 million. This round was led by Standard Crypto, with participation from a16z crypto, Electric Capital, Lvna Capital, Protagonist, Franklin Templeton Digital Assets, Karatage, RW3 Ventures, Comma3 Ventures, and The Raptor Group.
In the past, decentralized storage solutions like Filecoin, Arweave, and Stroj primarily focused on: how to effectively reduce storage costs, how to improve storage space utilization, and how to implement distributed data storage to reduce single point of failure and avoid centralized data storage risks. However, as time passed, some sharp issues gradually emerged, such as nodes constantly filling up with unused garbage data in pursuit of incentives, or slow retrieval and writing speeds due to inconsistent bandwidth quality of distributed nodes. These problems have become the trigger for the decentralized storage track falling into difficulties. Web3Caff Research has also discussed the operating mechanisms and development obstacles of numerous decentralized storage projects in the article 'Decentralized Storage Track Comprehensive Report: Can It Usher in an Explosion After the Undercurrent? A Panoramic Breakdown of Its Composition Background, Technical Principles, Ecosystem Status, and Future Challenges'. If you're interested, it's recommended to read.
