AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Walrus Unveils Mainnet, WAL Token: A Game Changer for Sui Ecosystem
Generated by AI AgentCoin World
Wednesday, Feb 19, 2025 10:30 pm ET1min read
The decentralized storage and data availability protocol Walrus has announced the launch of its mainnet in March, introducing the native token WAL with a total supply of 5 billion tokens. The token allocation includes 10% for the Walrus User Drop, with 4% for the initial airdrop and 6% for future distribution.
This development is significant for the Sui Ecosystem, as it marks a major milestone in the project's roadmap. The launch of the mainnet will enable users to interact with the Walrus protocol and utilize its storage and data availability services. The introduction of the WAL token will also provide a means for users to participate in the ecosystem and contribute to its growth.
The Walrus protocol aims to provide a decentralized storage solution for the Sui Ecosystem, enabling developers to build scalable and secure applications. By leveraging the power of blockchain technology, Walrus aims to address the challenges of data storage and availability in a decentralized environment.
The launch of the mainnet and the introduction of the WAL token are expected to attract a significant amount of interest from the cryptocurrency community. As the Sui Ecosystem continues to grow, the Walrus protocol is poised to play a crucial role in its development and success.
Coin World
Quickly understand the history and background of various well-known coins
Latest Articles
XRP News Today: Vanguard Shifts Stance on Crypto ETFs, Citing Matured Markets and Demand
Dec.02 2025
Alphabet's AI Ecosystem Fuels Flywheel Growth, Propelling Stock 68% in 2025
Dec.02 2025
Striking Baristas Secure $38.9M in Restitution, But Contract Battles Brew On
Dec.02 2025
Bitcoin News Today: Bitcoin's RSI Signals Cyclical Reset as Market Waits for Fed's Decisive Move
Dec.02 2025
Corporate Strategies Test Balance Between Growth and Sustainability
Dec.02 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet