Had a chat with an old miner, and he said he really regrets mining those 'subsidy coins' back in the day. The projects were entirely propped up by free money. Once the subsidies stopped, the mining rigs shut down, the teams gave up, and the token prices hit rock bottom and never recovered. So when I first saw @irys_xyz, I thought it was just another storage coin. But after taking a closer look at the tokenomics, I realized it’s different: In Irys, IRYS is essentially a 'toll ticket.' If you want to upload data, execute, or validate, you need to spend IRYS. Most of the tokens spent either get burned or locked away permanently, meaning they can’t come back to crash the market. Simply put, as long as people keep using the network, the circulating supply of tokens will keep shrinking. What’s even more critical is that the team and investors are fully locked for the first year. This means that during the early trading phase, it won’t turn into one of those typical scenarios where 'the project isn’t even functional yet, but the sell pressure is already here.' Instead, the price will depend more on how much the network is actually being used, rather than someone dumping just because they’re in a bad mood. So for someone like me, who leans more toward the long-term, Irys feels like this: It’s not about 'can it pump a few Xs in the short term,' but rather 'will everyone need a unified data layer in the future that can validate, execute, and store data long-term?'