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You are here: Home / Archives for Decentralized storage

Decentralized storage

TikTok Will Benefit from Hedera’s Ownership: Investor

April 4, 2025 by Paul Adedoyin

  • With Hedera, TikTok creators can now access their earnings in real time.
  • Hedera’s ecosystem could receive a significant boost from TikTok’s large user base, thus increasing utility and demand for its HBAR token.
  • Hedera’s decentralized storage system will allow users to have more control over their data, thereby limiting TikTok’s security risks.

A renowned personality and investor in the cryptocurrency space, Mark Chadwick, has revealed what the HBAR Foundation and Zoop Club will do regarding Hedera’s purchase of TikTok. Chadwick’s insights excite the crypto community because they present new ways for both content creators and Hedera investors to profit in the industry.

Following today’s groundbreaking announcement from the $HBAR Foundation and @zoopclub, I’ve laid out the benefits of Hedera owning Tik Tok:

Uses for Hedera in TikTok

– Blockchain-based creator revenue sharing with real-time, transparent payouts. (HUGE!)

– Secure, decentralized… pic.twitter.com/QPxVyrUZLA

— Mark (@markchadwickx) April 2, 2025

TikTok’s Creator Economy Transformation

The entrepreneur believes that the integration of the popular social media platform with Hedera is powered by blockchain-based revenue sharing for creators. Mark notes that this system enables real-time, transparent payouts, outperforming traditional monetization systems.

At the moment, content created on platforms such as TikTok is dependent on a centralized payout system, which can be delayed or lack transparency. The social media platform could use the Hedera blockchain to create a decentralized ecosystem, which would not only provide immediate and fair compensation processes for content creators but also improve user experience and create a much more sustainable ecosystem.

Moreover, Social media users have always been averse to privacy issues, as centralized platforms are often victims of data breaches and misuse. Fortunately, Hedera’s solution offers a route to secure data storage that enables creators to have more control over their personal information.

The integration will also allow for providing tokenized incentives, such as NFTs or rewards, that increase user engagement. If this social media platform implements tokenized assets, it can create a more engaging and rewarding experience for users and creators. 

A Surge in HBAR’s Adoption?

Mark points out that TikTok has millions of users and thus could greatly increase HBAR’s adoption, potentially raising the token’s worth. This collaboration also offers Hedera an opportunity to diversify the ways HBAR can be used, such as through TikTok advertising and e-commerce.

Additionally, Mark believes the collaboration will enhance Hedera’s position within the tech sector. Meanwhile, legislative scrutiny of TikTok in the US isn’t over, and the Hedera involvement might work in sync with regulatory goals, giving it some edge over other blockchain platforms in regions where compliance is vital.

Filed Under: News, Fintech, Industry, Technology Tagged With: Blockchain Payments, Creator Economy, Cryptocurrency Monetization, Decentralized storage, HBAR Adoption, Hedera Integration, TikTok Blockchain, Tokenized Rewards

Walrus Explodes with $140M Backing and Mainnet Launch

March 28, 2025 by Lipika Deka

  • Walrus secures $140 million from top crypto investors, launches mainnet with Claynosaurz, and triggers a 10% surge in SUI token price.
  • Mysterious whale accumulates $845,000 in $WAL tokens, buying consistently from $0.42 to $0.54, signaling potential long-term confidence.
  • Walrus debuts on major exchanges like Crypto.com and Upbit, with a strategic 4% airdrop distribution and total token supply of 5 billion.

WAL, the native token of the Walrus protocol, is creating a buzz after the mainnet launch and airdrop. The token also secured listings on several exchanges, including Crypto.com, and is soon to be listed on Upbit, attracting both users to trade and liquidity to the protocol.

Walrus, a decentralized storage platform by Mysten Labs, is designed to be cost-effective programmable storage for NFTs, AI data, and more. It recently rolled out its Mainnet in partnership with Claynosaurz, a Web3 animation brand, to enhance user experiences with dynamic, interactive content. This news led to SUI’s price jumping 10%, from $1.50 to $1.65 in just a few hours.

Built on the Sui Network with a smart contract, the storage platform raised $140 million from Standard Crypto and a16z for a high-speed storage network. The project’s integration with the SUI blockchain has drawn comparisons to a ‘Filecoin meets Celestia’ scenario. It needs to be noted that $WAL is utilizing SUI’s “Move” programming language, for secure and efficient asset management, a key component in a decentralized storage system.

Walrus: Whale Accumulates $845K in $WAL, Eyes Post-Airdrop Pump

Besides Walrus’s mainnet launch, the token drop occurred on 25 March 2025, meaning the project is still in development. The total supply of $WAL tokens will be 5 billion. 10% of the total supply is allocated for users. 4% of this was distributed through an $100M airdrop to eligible users.

Walrus
Source: @0xEdle

Meanwhile, on-chain researchers have identified a whale on a buying spree. The wallet holder 0xf7c2...e634 has been consistently buying $WAL tokens over a period, initially when the price was around $0.42, and continued even when the price surged to $0.54. The accumulated $WAL tokens, valued at around $845,000 (still growing), are being moved in small transactions to another wallet.

Market observers speculate that the accumulated tokens could reduce the available supply, potentially triggering a price surge once the airdrop selling pressure subsides. This is often interpreted as a bullish signal and reinforces the long-term potential of the Walrus token.

Filed Under: Altcoin News, News Tagged With: Airdrop, Decentralized storage, mainnet launch, WAL, Walrus, whales

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