Walrus is a “Web3 hard drive” built on Sui, allowing the storage of large files such as images, videos, or AI data in a decentralized manner. Instead of relying on a single server, #Walrus uses erasure coding to split data into smaller pieces and distribute them across multiple nodes. As a result, even if some nodes go offline, the files can still be fully recovered.\nUsers pay with $WAL tokens based on prepaid storage time. Rewards are distributed to storage nodes and stakers, creating clear economic incentives for maintaining the system. Notably, storage costs are pegged to fiat value, helping to minimize volatility compared to models that depend entirely on token prices.\nMore importantly, @WalrusProtocol turns data into an asset that can be rented, shared, and monetized based on on-chain rules. This enables individuals and businesses to control their content without relying on an intermediary company. As Web3 continues to expand, Walrus offers a flexible, sustainable storage infrastructure suitable for next-generation decentralized applications.