What makes the Walrus protocol interesting goes beyond storage itself. The real imagination lies in transforming both storage and access into economic activities.

The data from the past 30 days tells the story well. The protocol distributed approximately 120,000 tokens as incentives to storage providers and users, with on-chain calls skyrocketing to 150 million. From another angle, with an average of 21 million calls per day, this sustained activity isn't driven by hype, but by genuine usage.

Take NFT games as an example. User game progress, items, and interaction records are stored on Walrus—this is already necessary infrastructure. But the key change is that the storage action can earn rewards. The more user data accumulated, the higher the access frequency, and in turn, the more stable the incentives. The entire logic is self-consistent.

Unlike other protocols that are sustained only by narrative and popularity, Walrus has built three layers of progressive moats: technology, economic incentives, and data accumulation. Technology solves usability problems, incentive mechanisms attract participation, and data accumulation strengthens stickiness. This combination of moves naturally raises the cost of substitution.