$IRYS Summary Report Ahead of TGE Overview @irys_xyz is an infrastructure project that claims to be a programmable data chain, combining data storage and execution environment (EVM compatible). The TGE is targeted for Q4 2025, but key tokenomics information such as token distribution structure and initial circulation has not yet been disclosed. 1. Tokenomics & Initial Distribution Structure - Maximum Supply: 1 billion IRYS (contract-based estimate) - Initial Circulation: Undisclosed, internal estimate around 10-15% - Vesting Structure: Experimenting with Tokenised Vesting Schedule (TVS), governance participation possible even in lock-up state based on NFT - Funding: Seed ($5.2 million, 2022), Strategic ($3.7 million, 2024), Series A ($10 million, 2025). Total of $18.9 million, which is relatively small compared to competitors 2. Technical / Ecosystem Strengths - Differentiation: Data execution logic support through IrysVM (scalability compared to Arweave and Filecoin) -...
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