Eclipse Ecosystem

<p>Irys is a blockchain protocol that integrates a low-cost storage layer with a native execution layer, allowing data to be stored and processed directly within the same system. It uses a multi-ledger architecture to support both temporary and permanent data storage. It features an EVM-compatible execution environment (IrysVM) that enables smart contracts to interact with on-chain data natively. This design allows applications to store, retrieve, and process large volumes of data efficiently and at a lower cost compared to existing Web2 and Web3 solutions. Irys offers scalable data capacity, rapid access, and a composable infrastructure for building on-chain services that utilize and exchange data.</p>

Bundlr Network Raises $5.2 Million Seed Round

Bundlr Raises $5.2M to Boost Decentralized Storage

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<p>Irys intends to use the fundraise to bolster data throughput and storage efficacy, scaling the infrastructure for transaction volume and creating strategic partnerships.</p>

Irys

Irys is an EVM-compatible Layer-1 for permanent data storage, smart contract execution, and storage proofs.

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Name	Total	Unlocked	Locked
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Treasury	18%	5.50%	15.5%
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