Irys, formerly known as Bundlr Network, is a programmable datachain that unifies permanent data storage and smart contract logic under one network. It uses a hybrid consensus combining useful Proof of Work with Proof of Stake, ensuring that miners are economically accountable for storing data long-term.
On June 12th, 2024, the project received $3.7M from the Strategic funding round backed by Hypersphere Ventures, Lemniscap, and other funds.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| N/A | 1.68x | 31 | ||
| Low | 0.43x | 23 | ||
| N/A | 1.37x | 16 |