The past two years in the AI space have been quite surreal. Everyone is competing in computing power, models, and GPUs, but to be honest, computing power is not the bottleneck; data is. No matter how smart AI is, it still needs good data to thrive. Whether a model can produce good results depends on whether the data is clean, organized, and traceable. The problem is that 90% of the world's data is locked in the systems of large companies, making it inaccessible for AI. Thus, we see the limits of AI: smart, but not free. What @irys_xyz aims to do is actually quite simple— it's about enabling data to be rights-assured, usable, and tradable. It sounds simple, but this is the foundational logic for AI to truly take off. Recently, their testnet progress has been quite impressive: Since launching in January this year, they have processed over 1 billion transactions, with over 500,000 community users. The performance is also noteworthy: 100K TPS, 20% cheaper storage costs than Arweave, a native EVM execution layer, unlimited data capacity + multi-ledger system. AI collaboration, data validation, and on-chain data financialization can all run directly on it. Moreover, the mainnet is about to launch— 4 million wallets and over 600 million pieces of data will be directly migrated on-chain. The TGE is likely to synchronize, and testnet points may also be directly airdropped. With $20 million in funding, over 80 ecosystem projects, and coverage in 8 countries, this pace of advancement is already considered a pragmatic approach in the AI data sector. So that 1 billion transactions, to me, is not just a number. It signifies that people are genuinely writing data on-chain, reading it, and experimenting with how to directly manipulate data within contracts. Finally, someone has made progress in the on-chain data layer. I don't think #Irys will become an overnight sensation, but what it is doing— making data rights-assured, usable, and tradable like assets— might be one of the most underestimated sectors in the next two to three years. Once the mainnet launches, this AI data revolution may truly begin. Official website: Follow @irys_xyz