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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