Having been involved in the Web3 space for so many years, my biggest lesson comes from the storage sector. Honestly, I’ve had quite a few setbacks in this area—I've interacted with seven or eight storage projects, and the outcomes are usually twofold: either the team runs away, or the tokens are wiped out completely. Some of those valuable data have been permanently lost, others stored in the system can never be retrieved again. Every time I encounter a new decentralized storage project, I instinctively resist, thinking these are just old wine in new bottles, deceptive tricks.

It wasn’t until I came across the concept of programmable storage that my perspective gradually changed. After some in-depth research, I realized a harsh truth: the storage sector itself isn’t a fake demand; the problem lies in the fact that those previous project teams simply didn’t find the right direction. What they built had fundamental flaws in their technical philosophy. The programmable storage model, on the other hand, is what the Web3 storage ecosystem should look like. The WAL token isn’t just a speculative tool; it represents the core value of the entire ecosystem. Now, I have shifted all my positions in the storage sector toward this direction. This isn’t a fleeting impulse, but a firm choice made after thinking through the logic clearly.

Speaking of which, my previous understanding of decentralized storage was indeed superficial. At that time, I only thought: splitting data into fragments and dispersing them across different nodes means users don’t have to rely on a single company, so it’s safe. I never considered whether the product was user-friendly or whether it could connect with real-world applications. Looking back now, it was precisely this one-sided understanding that cost me dearly.

The most memorable mistake I made was two years ago. There was a storage project that was extremely popular at the time, with very enticing promotional copy—unlimited expansion, permanent storage, staking tokens with an annualized yield of over 20%. I was blinded by the promise of high returns, not only heavily bought into the tokens but also stored all my years of work materials and creative content there. Needless to say, the project eventually flopped, and those data disappeared along with it. That moment made me realize that the many failures in this sector weren’t due to storage demand itself being flawed, but because the execution completely deviated from actual application scenarios.