#Research Report Preview Recently, the Walrus Foundation announced that it had completed a private equity financing of US$140 million, with a valuation of approximately US$2 billion. We know that with the rapid development of the Web3 ecosystem, decentralized storage, as one of its core infrastructure, is gradually becoming the focus of technological innovation and commercial change. Traditional decentralized storage solutions such as Filecoin, Arweave and Storj, although significant progress has been made in security and decentralization, they still have difficult-to-ignore shortcomings in storage efficiency, cost control and performance optimization. Mysten Labs' new generation of decentralized storage protocol, Walrus, has brought new technical ideas to solve these core problems. To this end, the upcoming research report of over 20,000 words to be published by Web3Caff Research will systematically analyze Walrus' innovative advantages from multiple dimensions such as technical architecture, economic incentive mechanism, and linkage with Sui ecological. At the same time, the report will compare and analyze the performance differences between Walrus and existing solutions, and explore its application prospects and potential in the Web3 ecosystem.