
Irys (✧ᴗ✧)
103 reviews, 62% of them positive.62% positive · 103 reviews· Influence factor 60, above 12% of accountsThe record
From 103 activities · Apr 2026Irys is a Layer 1 programmable datachain making data permanent, verifiable, and composable across chains and AI systems through its IrysVM. The project has raised $20 million and built a strong technical foundation with fast uploads, low costs, and developer-friendly infrastructure, earning consistent praise for its innovation in data storage and active community. However, it faces serious credibility issues: a major sybil attack saw 897 interconnected wallets claim ~20% of the airdrop supply, testnet and Galxe participants reported receiving no rewards despite months of participation, and critics allege non-transparent token distribution, unfulfilled promises, and a hard fork of Arweave's codebase without clear community communication—leading many to characterize it as a cash grab or potential rug.
What people say
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risto.tani · 1244· 1y ago · negative9
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royalmand (solo mode mia arc) · 1271· 1y ago9
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xA · 1275· 1y ago11
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