Additionally, the fundamental query for traders becomes straightforward: are people storing actual data? Are programmers creating apps that rely on it? Because when apps and communities begin to perceive stored data as permanent infrastructure, storage networks become lucrative as switching costs increase.

As an actual example, consider a game company that creates on-chain items but centrally stores the actual skins, maps, and media. That is brittle and not really decentralized. The protocol is more than just "another crypto network" if Walrus is chosen as the content's default storage layer. It becomes an increasingly important and difficult-to-replace component of the app's spine.

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