
Irys
Permanent, scalable data solutions for Web3 projects, ensuring precise provenance and extreme performance.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor investor investor investor investor | €0.0 | round | |
* | $3.5m Valuation: $26.0m | Seed | |
Total Funding | 000k |
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Irys operates in the Web3 space, providing permanent and scalable data solutions tailored for diverse technical requirements. The company serves leading Web3 projects, offering a unique value proposition by ensuring precise provenance and extreme performance in data ordering and storage. Irys's business model revolves around offering its technology as a service, allowing clients to pay in 16 major tokens, which adds versatility and convenience. The company generates revenue through subscription fees and transaction-based pricing, making it cost-effective for clients to integrate Irys into their projects. Irys's market includes developers, NFT creators, and other Web3 ecosystem participants who require reliable, verifiable, and transparent data solutions. The company stands out by addressing the Provenance Trilemma, enabling users to scale permanent data while precisely attributing its origin.
Keywords: Web3, data solutions, provenance, scalability, NFTs, developers, ecosystem, transparency, performance, tokens.