A recent noteworthy case in the blockchain storage sector involves a well-known blockchain storage project that announced the completion of a funding round totaling approximately $140 million. Participants included several leading Web3 investment institutions. Post-funding, the project's valuation reached $2 billion.

The logic behind this funding is quite interesting. The project team made a rather aggressive choice in token distribution—allocating only 7% of the token supply to investors, while reserving 10% for initial community airdrops. This ratio is quite uncommon among similar projects. Typically, projects with large funding rounds reserve a higher proportion for investors, but this approach clearly signals to the market that community participation and decentralized governance are at the core of this ecosystem.

From a tokenomics perspective, this design has several implications. First, reducing the proportion of tokens held by investors can decrease early selling pressure, making the project more friendly to the secondary market. Second, using community airdrops to bootstrap engagement ensures that ecosystem participants have aligned interests from the early stages. Third, to some extent, this strategy also aims to emulate successful cases driven by community-led rapid growth.

The blockchain storage track itself requires a large number of nodes and storage providers, making a community-driven model more aligned with the development logic of such infrastructure projects. The subsequent expansion of the ecosystem and the advancement of decentralized governance will be key to validating the effectiveness of this strategy.