#walrus $WAL Walrus Protocol is a decentralized storage and data availability platform on the Sui blockchain, created to offer reliable, scalable, and programmable storage for large-scale, unstructured data such as videos, images, AI datasets, NFT media, decentralized websites, and Web3 application files. Using erasure coding, each file is split into fragments that are distributed across independent nodes, ensuring high fault tolerance, redundancy, and cost efficiency. Files are represented as programmable on-chain objects, allowing smart contracts to manage access, verify integrity, and automate storage lifecycles. The WAL token powers the network for storage payments, staking rewards, governance participation, and incentivizing node operators maintaining network security.