• Economy
  • Investing
Long Distance Investing
  • Stock
  • Editor’s Pick
Investing

TradePort stores move chain-based data on Walrus

by January 28, 2025
written by January 28, 2025

Palo Alto, CA, USA, January 28th, 2025, Chainwire: TradePort, a multichain NFT marketplace, announced it will utilize Walrus, the decentralized data storage application developed by Mysten Labs, in order to store metadata for all its Move-based ecosystem NFT projects.

As the largest NFT marketplace on Sui, TradePort streamlines and enhances NFT trading across multiple blockchain networks, which currently include Sui, Aptos, NEAR, Movement, and Stacks. 

Walrus Protocol, which launched its Testnet in October of 2024, stores and delivers large unstructured data files, including rich media content, audio files, video, images, and PDFs, from any Web2 or Web3-based source.

These large files, known as blobs, are stored quickly and efficiently by Walrus, whose storage is resilient, scalable, programmable, and secure.

Walrus’s public Testnet and its forthcoming Mainnet are served by Sui as the coordination layer. 

“Initially, decentralized storage may sound like a concept you’ve heard of before,” said George Danezis, Chief Scientist and Co-Founder of Mysten Labs.

But on a smart contract platform like Sui, storage is capable of logic and programmability, which is a complete game-changer.

“Object-based NFTs rise far above what the NFTs of the 2022 boom were able to achieve,” said Daniel Fritsche, Co-Founder of TradePort.

Thanks to their innate structure, Sui and other Move chains enable dynamic and composable NFTs, which dramatically open up the possibilities of NFT use cases. Add in programmable storage, and the attached NFT metadata becomes just as dynamic and responsive. This is only possible on a performant storage network like Walrus.

In addition to existing NFT metadata, all data from TradePort’s NFT collections released via their launchpad will be stored on Walrus.

TradePort will be one of the first partners to store data on Walrus Mainnet, which will be launched in the near future. 

Users who are interested in learning more about Walrus can visit Walrus.xyz. 

Media Contact

mystenlabspr@mgroupsc.com

Contact

Lexi Wangler
mystenlabspr@mgroupsc.com

The post TradePort stores move chain-based data on Walrus appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Brazil approves Gol-Azul merger to transform aviation industry
next post
Hedera surges as KPMG India teams up with The Hashgraph Group

You may also like

MEXC strengthens reserve backing with $390M asset increase

April 23, 2025

Oil prices rebound: what’s driving the rally and...

April 23, 2025

Silver rises with gold, but industrial demand outlook...

April 23, 2025

Lead Edge Capital founder Mitchell Green says recession...

April 23, 2025

Why is Toncoin price rising today?

April 23, 2025

BC.GAME to host ‘Untamed Arena’ during TOKEN2049 Dubai,...

April 23, 2025

Keycard launches pre-sale for Shell: the most open,...

April 23, 2025

BA stock rises as Boeing reports smaller Q1...

April 23, 2025

US stocks surge at open: Dow climbs 2.4%,...

April 23, 2025

iExec launches 1M $RLC fund to support AI...

April 23, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025
    • Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

      May 30, 2025
    • Nvidia results spark global chip rally

      May 30, 2025
    • Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

      May 29, 2025

    Categories

    • Economy (720)
    • Editor's Pick (372)
    • Investing (4,555)
    • Stock (820)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Longdistanceinvestings.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 Longdistanceinvestings.com

    Long Distance Investing
    • Economy
    • Investing
    Long Distance Investing
    • Stock
    • Editor’s Pick