Irys employs a hybrid consensus model that combines useful Proof of Work and Staking to ensure strong security, verifiable storage, and decentralization without compromising scalability. Miners are incentivized to store data honestly, with penalties for bad behavior, ensuring the integrity and security of the network.

Irys: Project Guide | Latest Updates, Presale & Airdrop

Q: What is the Purpose of Irys?

Irys aims to provide a programmable datachain that integrates low-cost storage with smart contract execution, enabling data to be stored, shared, and monetized efficiently across applications. It seeks to unlock the value of data by offering a unified platform for AI agents and smart contracts to interact with verifiable data natively.

Q: How Can I Participate in Irys's Ecosystem?

Users can engage with Irys by participating in its testnet activities, such as playing games on IrysArcade to earn testnet tokens. Developers can explore building applications using IrysVM and programmable data features. Staying connected through official channels will provide updates on future opportunities as the project progresses.

Q: What Sets Irys Apart from Competitors?

Irys differentiates itself by combining low-cost, scalable storage with an EVM-compatible execution layer, enabling data programmability. This integration allows developers to embed instructions directly into stored data, transforming it into actionable components for decentralized applications, particularly in AI and data-driven use cases.

Q: What are the Risks Associated with Irys?

As with any emerging technology, potential risks include technical challenges, regulatory uncertainties, and market adoption hurdles. Irys addresses these by implementing robust security measures, engaging with the community for feedback, and continuously developing its technology to meet industry standards.

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Irys

Irys

Irys is the Layer-1 datachain, advancing beyond the existing Layer-1 model with a design purpose-built for AI. By combining a low-cost storage layer with a high-performance, EVM-compatible execution layer (IrysVM), Irys enables data programmability.

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What is Irys?

Irys is the first Layer-1 programmable datachain, designed to integrate low-cost storage with EVM-compatible execution, enabling data to be stored, shared, and monetized across applications efficiently. It aims to unlock the value of data by providing a unified platform where AI agents and smart contracts can access and interact with verifiable data natively.

How Does Irys Work?

Irys combines a low-cost storage layer with a high-performance, EVM-compatible execution layer called IrysVM. This integration allows smart contracts to read, modify, and enforce rules on data directly onchain. The multi-ledger system ensures data reliability and authenticity, with cryptographic proofs validating stored data.

What Makes Irys Unique?

Irys stands out by offering programmable data capabilities, allowing developers to embed instructions directly into stored data. This feature enables AI agents to train, store, and coordinate on a shared network without external databases or oracles. Additionally, Irys's multi-ledger architecture provides flexibility in data storage durations, catering to various use cases.

Who Are the Founders of Irys?

Irys was founded by Josh Benaron, who serves as the CEO. He graduated from the University of Surrey in the UK. Another key team member is Connor King, the Director of Business Development, who previously held positions at Social Capital and Arca.

Latest news

What Key Events Have There Been for Irys?

Irys has achieved significant milestones, including raising $5.2 million in a seed funding round in May 2022 and an additional $3.5 million in a strategic round in June 2024. The testnet launch on January 28, 2025, marked a major development, introducing IrysArcade, a retro-style arcade game where every action and game data are stored on the blockchain.

Project Announcements

Irys recently launched its testnet, featuring IrysArcade, a gaming platform that combines classic arcade gaming with blockchain technology. Users can earn Irys testnet tokens by playing games on the platform, providing an engaging way to interact with the Irys Network’s technology.

Upcoming events

Latest Airdrop

Irys has not announced any upcoming airdrops at this time.

Project announcements

Where to Buy Irys?

As of now, Irys tokens are not available for public trading. The project is in its testnet phase, and information regarding token listings on exchanges has not been announced.

Irys Price

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Irys Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding the future price of Irys tokens.

FAQ

What is the Purpose of Irys?

How Can I Participate in Irys's Ecosystem?

What Sets Irys Apart from Competitors?

Is Irys Secure?

What are the Risks Associated with Irys?

Disclaimer & risk notice: Some content on this page may be AI-assisted or generated and is for general reference only. For the most accurate and up-to-date information, please refer to the project's official website. Bitget Wallet values every partnership. If you find any issues or inaccuracies, contact us at support@bitgetwallet.io — we appreciate your feedback and will continue to improve.