Current on-chain storage is actually quite useless. A comparison will make this clear. Filecoin: Data storage has a time limit, and contracts and storage are separate. Arweave: Storage can be permanent, but the price is expensive and fluctuates widely. Furthermore, all this data is just sitting there in files, unable to do anything on its own. IRYS @irys_xyz is different. It makes data "programmable." What you upload is no longer a static file, but "living data" that can carry logic, execute, and trigger contracts. AI can have reliable on-chain memory, NFTs can evolve on their own, DeFi tools can run automatically, and even IoT sensor data can trigger actions in real time. IRYS's advantages are clear: storage fees are anchored to hard drive prices, at $0.03 per GB, more than ten times cheaper than Arweave. It boasts strong performance, with testnet TPS exceeding 100,000 and latency under 1 second. Data uploads are immediately available. It also features a "dual ledger" architecture: one for temporary verification and one for permanent archiving, increasing speed by a hundredfold. It uses PoW + PoS consensus. Hybrid, secure and decentralized Regarding the team, founder Josh Benaron is a former member of Bundlr's team. The team has secured $20 million in funding and is backed by institutions such as Framework and Lemniscap. As of September 2025, the IRYS testnet has accumulated over 855 million transactions, with nearly 300,000 community followers, and the mainnet launch is imminent. Application scenarios include AI training data, AI agent memory, DePIN sensor data, dynamic NFTs, data-driven DeFi, and more. IRYS has been integrated with over 20 applications and is collaborating with ecosystem partners such as Berachain, Livepeer, and Injective. IRYS is not the next storage drive, but a public chain that enables data to "move" and become the true fuel for AI, NFTs, DeFi, and Web3 applications.