Everlyn: The Next Big Play in AI-Driven Web3 Video Innovation

The intersection of artificial intelligence and blockchain is no longer a speculative concept—it’s a rapidly materializing reality. At the forefront of this convergence is Everlyn, an on-chain video AI model that has recently secured a landmark $15 million funding round led by MystenLabs, valuing the project at $250 million [2]. This development underscores a critical shift in how Web3 infrastructure is evolving, with AI not just enhancing blockchain capabilities but redefining them. For investors, Everlyn represents a unique opportunity to capitalize on the next wave of innovation in decentralized media production and distribution.

Strategic Blockchain-AI Integration: MystenLabs’ Vision

MystenLabs, the mastermind behind the Sui Network, has positioned itself as a bridge between AI and blockchain ecosystems. The firm’s investment in Everlyn is not an isolated move but part of a broader strategy to democratize access to blockchain development. For instance, MystenLabs recently partnered with Alibaba Cloud to introduce AI-assisted Move coding tools, multilingual documentation, and global developer programs [1]. These initiatives aim to lower the technical barriers for developers, enabling them to build scalable, AI-enhanced dApps on the Sui Network.

Moreover, MystenLabs’ Walrus Protocol—a decentralized storage solution integrated with Sui—further amplifies this synergy. By offering programmable, cost-effective storage, Walrus not only supports AI-driven data processing but also contributes to the deflationary mechanics of the SUI token [1]. This layered approach—combining AI tools, developer accessibility, and storage innovation—creates a flywheel effect, accelerating adoption of blockchain-based applications.

Everlyn’s $15M Funding and TGE Roadmap

Everlyn’s $15 million raise, co-led by MystenLabs and other institutional investors like Baseline, Selini Capital, and Aethir [3], signals strong institutional confidence in the project’s potential. The capital will be allocated to three key areas:
1. Enhancing AI infrastructure to improve video generation quality and scalability.
2. Expanding into enterprise and developer tools, enabling businesses to integrate on-chain video solutions.
3. Preparing for its Token Generation Event (TGE), tentatively scheduled for Q3 2025 [4].

The TGE, likely to be hosted on platforms like Capital Launchpad, will be pivotal for Everlyn’s liquidity and adoption. With a fully diluted valuation (FDV) of $250 million, the token model is designed to incentivize early adopters while aligning long-term value with the platform’s growth.

The Bigger Picture: AI as the Catalyst for Web3 Adoption

Everlyn’s success is emblematic of a larger trend: AI is becoming the backbone of Web3 infrastructure. Traditional blockchain networks have struggled with usability and scalability, but AI-driven tools are addressing these pain points. For example, AI-assisted coding reduces development complexity, while decentralized storage solutions like Walrus enable efficient data management.

This synergy is not limited to Everlyn. The broader market is witnessing a surge in AI-integrated blockchain projects, from NFT marketplaces using AI for content moderation to DeFi protocols leveraging machine learning for risk assessment. According to a report by AINvest, the AI-blockchain sector is projected to grow at a compound annual rate of 45% over the next five years [1].

Why Everlyn Stands Out

What sets Everlyn apart is its focus on video—a medium poised for explosive growth in the digital economy. With global video consumption expected to account for 82% of all internet traffic by 2025 [3], Everlyn’s on-chain video AI model is uniquely positioned to capture this demand. By leveraging blockchain for immutable ownership and AI for dynamic content creation, the platform addresses two critical gaps: provenance and scalability.

For investors, the combination of a $250 million valuation, a clear TGE roadmap, and institutional backing from MystenLabs creates a compelling case. The project’s alignment with broader trends—such as the rise of AI-assisted development and decentralized storage—further strengthens its long-term viability.

Conclusion

Everlyn is more than just another AI startup—it’s a strategic play in the evolution of Web3. By integrating cutting-edge AI with blockchain’s decentralized ethos, the project is building a foundation for the next generation of digital media. With MystenLabs’ backing, a robust TGE roadmap, and a $250 million valuation, Everlyn is well-positioned to become a cornerstone of the AI-driven Web3 ecosystem. For investors seeking exposure to this transformative space, the time to act is now.

**Source:[1] Mysten Labs and Alibaba Cloud Boost Sui Developer Support, [https://www.altcoinbuzz.io/cryptocurrency-news/mysten-labs-and-alibaba-cloud-boost-sui-developer-support/][2] Everlyn Raises $15M, Valued at $250M with Mysten Labs ... [https://phemex.com/news/article/everlyn-secures-15-million-in-funding-valued-at-250-million-16978][3] LATEST BINANCE WALLET TGEs Let's review the token ... [https://www.binance.com/square/post/29104438371609][4] Everlyn (LYN) - All information about ..., [https://icodrops.com/everlyn/]