The storage track has recently become exceptionally popular, with storage projects in the Sui ecosystem gradually becoming the market focus due to their unique technical architecture. This project adopts the Red Stuff encoding technology architecture, which has a clear advantage in data recovery costs compared to Filecoin and Arweave. Among them, the Quilt feature is deeply optimized for small file storage scenarios, reducing costs by up to 420 times when handling 10KB-level files, making it highly attractive to NFT projects and AI development teams.

From an economic model perspective, with a project valuation of $2 billion, the community allocation ratio is approximately 10% (about $200 million). This allocation plan is more balanced compared to investor equity ratios. According to the plan, the token release acceleration period will arrive in 2026. Meanwhile, the project has a built-in deflation mechanism—each transaction destroys a certain proportion of tokens. Coupled with backing from top-tier institutions like a16z, the long-term value support is relatively solid.

In terms of participation, currently, users can participate in governance and earn rewards through staking. There is no minimum capital requirement for node operation, giving ordinary participants the opportunity to share in the ecosystem growth dividends. In terms of data scale, the deployed storage has reached over 800+ TB, with the number of blobs surpassing 14 million. The application deployment speed is accelerating.

Considering that the project still has room for growth from its historical high point, along with the dual support of application deployment and economic models, this storage route is worth continuous attention. What are your thoughts on this track? Feel free to share your observations and strategic ideas in the comments.