2026-01-10 11:25:10

I've been using Walrus for almost a year, and I have to be honest—while the project does have some technical strengths, the actual experience falls far short of the official hype. Cost control and system stability are major issues, making it hardly a reliable solution for production environments. Decentralized storage has been a hot topic for a long time, but just having coding and programmability isn't enough for Walrus to break through in the Sui ecosystem.

The biggest problem is poor cost predictability. Storage fees are priced in WAL tokens, at 0.0001 WAL/MiB/epoch. It sounds clear, but in reality, it's full of pitfalls. WAL's price fluctuates wildly—dropped to $0.115 in December last year, now back to $0.14. The increase seems mild, but the high point in May was $0.76, more than six times higher. Storing 1TB of data, depending on the token price, could cost anywhere from $20 to over $130. Corporate clients simply can't do financial planning with such uncertainty; it's a nightmare.

There's an even bigger trap—current low prices are heavily subsidized. The official team is releasing tokens amounting to 10% of the total supply linearly over 50 months to subsidize storage. Since the mainnet launched in March 2025, nearly a year has passed, and 40 months of subsidies remain. Once this money runs out, actual costs could skyrocket by 5 to 10 times. Whether this model can survive that point is a real question.

WAL-0.93%

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BearMarketSunriser

· 01-12 18:08

Another project with good technology but a collapsing business model. Once the subsidies are withdrawn, the price soars immediately. This trick has been seen too many times.

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IfIWereOnChain

· 01-11 17:16

Once subsidies are cut, it's a dead end. The current prices are meaningless as a reference. With WAL coin prices fluctuating so wildly, enterprises simply can't use it; accounting becomes a gamble. No matter how loud the technical hype is, it's useless. If it can't run in a production environment, it's just a toy.

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NFTRegretful

· 01-10 11:54

It's the same old story, does technical prowess mean you can make money? Walrus's trick, when exposed, is just using subsidies to attract users. Once the subsidies run out, who will still use it? A sixfold price difference in costs—who dares to produce at that margin? Corporate finances must be going crazy. Subsidies only started 50 months ago, and now 40 months remain. Let's wait and see if they all run away after the subsidies end. WAL token price went from 0.115 to 0.76, with such volatility. Storage costs are like gambling; it's really speechless. Honestly, the concept of decentralized storage itself is problematic. Poor cost control might just be a false proposition. Technical skill ≠ product quality. Walrus is probably the best negative example.

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WalletDetective

· 01-10 11:48

Once the subsidies are withdrawn, the true nature is revealed. Isn't this a typical case of "false prosperity"? The real value is in the positions; technology is just a wrapper. Costs fluctuate by 6 times, and corporate clients have already left. Let's wait and see; after all, there's still a 40-month countdown to death.

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quiet_lurker

· 01-10 11:48

Once the subsidies stop, this thing is probably going to cool off. The current price is completely illusory. WAL's price has plummeted so sharply; using it as a settlement unit is really gambling. How could enterprises trust this? Having great technology is useless; with such a fragile business model, the mainnet launching in less than a year will expose everything. In plain terms, it's using tokens to subsidize and create a false prosperity; once the money runs out, the true nature will be revealed. The Sui ecosystem has added another idealistic but overly ambitious project.

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FlashLoanLarry

· 01-10 11:38

lol walrus really is just a subsidy machine pretending to be infrastructure... that 6x price swing on wal alone should be the red flag nobody needed

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SolidityJester

· 01-10 11:36

Another trailer predicting the collapse of a subsidy game, let's wait and see the disaster that follows.

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NFT_Therapy

· 01-10 11:27

Once the subsidy is withdrawn, the price is likely to skyrocket. Who would still need it then?

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AirdropSweaterFan

· 01-10 11:26

Hey, this is the trap I was talking about. Once the subsidies are withdrawn, the cost directly multiplies tenfold. Can't afford to play. Oh my God, WAL coin price can jump this much? A sixfold difference, corporate clients must be breaking down. No matter how advanced the technology is, it's useless if the production environment can't be relied on. Better to keep observing. Subsidies for 50 months just to lock in users? Wake up, once the money runs out, it's time to run. Honestly, it's just the old token economics trick—put a shell around it and try to fool people into storing it. That's why I prefer to spend a bit more on traditional solutions. It feels more secure.

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