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Irys is a Layer 1 datachain that unifies onchain data storage and smart contract execution into a single network. Traditional smart contract chains handle financial transactions but lack native primitives for working with data at scale. Traditional datachains handle storage but lack integration with smart contracts. Irys serves both. Irys bridges this gap by unifying storage and execution, making data programmable through IrysVM, its native EVM execution layer.

The network offers flexible storage options: users can choose between term storage (temporary, duration-based) or permanent storage (one-time payment for perpetual retention). Both operate at at-cost pricing, made possible by Irys's multi-revenue model that combines storage fees, execution fees, and programmable data transactions. This design allows Irys to remain competitive on price while maintaining economic sustainability.

Irys achieves instant data retrieval and infinite horizontal scaling. As demand grows, the network expands capacity by adding validators who prove continuous maintenance of their assigned data partitions.

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Created by Pundi X in 2024, Pundi AI democratizes artificial intelligence development through a decentralized suite of tools. It offers services ranging from an omnilayer, data tagging and annotation platform, AI agents to an AI marketplace for trading of data.

Pundi AI suite of tools:

Pundi AI Data platform

Pundi AIFX Omnilayer

Pundi AI Data Marketplace (coming soon)

Pundi AI MM Agent

The Pundi AI Data platform provides professional data, labeling and annotation services, ensuring AI data remains open and accessible to all. Decentralized users can participate in tag-and-earn of data and contribute to the advancement of AI.

Powered by the Pundi AI omnichain layer, activities are securely recorded on-chain and integrated with IPFS and various blockchains, paving the way for a decentralized data exchange. With PURSE+ browser plugin on x.com, users can actively contribute by tagging and annotating data for social AI, fostering a more participatory ecosystem.

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