Walrus Foundation
Walrus is a Verifiable Data Platform for builders in AI and onchain finance, making every byte provable, programmable, and always available through decentralized storage.
At a Glance
- Web3 Developers
- AI Startups
- DeFi Protocols
- Onchain Content Creators
AI Tools by Walrus Foundation
(1)
Walrus Memory
Verifiable Memory Layer for AI Agents
Discussions
No discussions yet
Be the first to start a discussion about Walrus Foundation
Latest News
Products & Services
The core decentralized storage and data availability protocol designed for large binary files (blobs), offering high performance and verifiable storage.
A platform for hosting decentralized websites and applications directly on the Walrus storage network.
A specialized storage solution designed for AI agent memory, enabling persistent and verifiable state for autonomous agents.
Market Position
Positions itself as a more efficient and programmable alternative to Filecoin and Arweave, specifically optimized for high-performance use cases like AI and dynamic onchain media.
Leadership
Founders
Evan Cheng
Cofounder & CEO of Walrus Foundation and Mysten Labs. Former Director of Engineering at Meta (Facebook) where he worked on LLVM and advanced technologies. Also spent 10 years at Apple.
Sam Blackshear
Cofounder & CTO of Mysten Labs. Creator of the Move programming language. Previously a Research Scientist at Meta.
Adeniyi Abiodun
Cofounder & CPO of Mysten Labs. Former Product Lead at Meta, VMware, and Oracle.
George Danezis
Cofounder & Chief Scientist of Mysten Labs. Professor of Security and Privacy Engineering at UCL. Former Research Scientist at Meta.
Kostas Chalkias
Cofounder & Chief Cryptographer of Mysten Labs. Former Lead Cryptographer at Meta and R3.
Executive Team
Evan Cheng
Cofounder & CEO
Veteran technologist with backgrounds at Meta and Apple; leader of Mysten Labs.
Rebecca Simmonds
Managing Executive
Former executive at Vega Protocol; leads operations and ecosystem growth for Walrus Foundation.
Board of Directors
Founding Story
Walrus was created by the team at Mysten Labs to address the high costs and limitations of storing large files (blobs) on blockchains like Sui, providing a high-performance, cost-effective storage layer for the next generation of decentralized applications.
Business Model
Revenue Model
Token-based economic model where users pay for storage using the WAL token. Storage nodes earn rewards for providing space and ensuring data availability. Pricing is determined dynamically via a voting mechanism among storage nodes.
Pricing Tiers
Determined by network supply and demand; optimized to be significantly cheaper than traditional decentralized storage like Filecoin.
Target Markets
- Web3 Developers
- AI Startups
- DeFi Protocols
- Onchain Content Creators
- AI Data Storage
- Decentralized Website Hosting
- NFT Metadata and Media Storage
- DeFi Transaction History
- Autonomous Agent Memory
- Sui Network
- Decrypt
- Talus Network