Irys crypto is the first programmable datachain, combining permanent onchain storage with smart contract execution in a unified, developer-friendly network. Built with a hybrid consensus model of useful Proof of Work and staking, Irys ties mining rewards to verifiable long-term storage commitments, ensuring data availability and economic accountability. Its multi-ledger architecture, predictable pricing, and anti-centralization mechanisms make it a scalable foundation for building dApps that rely on data to operate.
Since 2022, the project has successfully raised a total of $8.9M in 2 funding rounds with investments from Framework Ventures and others.
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Irys xyz is the first datachain where storage and smart contracts live natively together, letting devs build apps where data is both permanent and programmable. It uses useful Proof of Work and PoS, so miners earn rewards only if they store data reliably. With a multi-ledger design, fixed pricing, and no room for centralization, Irys gives builders a scalable and secure foundation for real onchain apps.
On April 4th, 2025, the project announced the launch of its Testnet campaign, where users can play games, thus performing transactions, thus qualifying for the potential Irys Airdrop.
<a href="https://coinlaunch.space/projects/irys-crypto/" title="Irys Crypto Network (IRYS)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/irys-crypto.png" width="224" alt="Irys Crypto Network (IRYS)"></a>