Irys provides a programmable datachain that enables developers to utilize on-chain data within smart contracts, facilitating real-time data interaction for decentralized applications. Its architecture supports scalable data demands while ensuring predictable transaction and storage costs, making it suitable for data-reliant applications.
Funding
$8.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many decentralized applications struggle to efficiently utilize on-chain data within smart contracts due to scalability limitations and unpredictable costs. This restricts the development of real-time, data-driven functionalities for dApps.
Solution
Irys offers a programmable datachain solution that enables developers to directly leverage on-chain data within smart contracts, facilitating the creation of applications that interact with data in real-time. The architecture is designed to handle growing data demands without compromising performance or cost efficiency. By combining verifiable permanent data with native execution through the IrysVM, the platform allows direct access to on-chain data, making it suitable for data-reliant applications. The platform also provides transparent and stable pricing for transactions and data storage.
Target Audience
The primary target audience includes developers building decentralized applications, particularly those requiring real-time data interaction and scalable data solutions.
Features
- Programmable data access directly within smart contracts
- Infinitely scalable architecture to handle growing data demands
- Unified blockchain supporting verifiable permanent data and native execution via IrysVM
- Predictable and stable costs for transactions and data storage
- Rust and Typescript SDKs