4EVERLAND: The DePIN aggregator leads the Decentralization cloud computing revolution

1. Overview of 4EVERLAND

1.1 Project Introduction

1.1.1 Market Background

In recent years, the development of cloud computing technology has brought significant changes to traditional IT infrastructure. Centralized cloud computing once dominated the market, but the decentralized model is rapidly rising, redefining industry rules in a more free, secure, and environmentally friendly way. Compared to traditional centralized models, decentralized cloud computing, with its flexibility and privacy advantages, is becoming the main direction for future development.

The uniqueness of decentralized cloud computing lies in its distributed architecture. It no longer relies on a single super server, but instead distributes data across nodes located around the world. This design allows the system to scale at any time and allocate resources on demand, offering flexibility that far exceeds traditional cloud services.

At the same time, there is increasing concern about the environmental impact of cryptocurrency systems. In particular, the issue of proof-of-work (PoW) systems consuming large amounts of electricity and equipment has attracted significant attention. It is expected that by 2025, data centers will account for more than 3% of global carbon emissions. By 2040, carbon emissions generated from digital data storage could reach 14% of the global total, equivalent to the current emissions level of the United States.

In this context, DePIN (Decentralized Physical Infrastructure Network) has emerged. DePIN covers several key areas, including network infrastructure, energy and sharing economy, edge computing and distributed computing power, and decentralized storage. Through blockchain and token incentive mechanisms, DePIN integrates dispersed resources into an efficiently operating network. Projects such as Helium's wireless network, DIMO's automotive IoT, Grass's data scraping platform, and io.net's computing power platform all demonstrate the immense potential of DePIN.

The DePIN project has attracted significant investment in recent years. From the third quarter of 2023 to the third quarter of 2024, the total financing of DePIN projects has increased nearly sevenfold. In April 2023, a trading platform launched an important project in the decentralized storage field, providing core decentralized storage infrastructure for its ecosystem and innovatively allowing users and decentralized applications to create, store, and trade completely autonomous data.

The entire DePIN industry currently has a market value of about $90 billion, but 95% of its infrastructure capacity has yet to be fully utilized. Against this backdrop, 4EVERLAND stands out as an emerging project. It is not only a decentralized cloud computing platform, but also a resource integrator in the entire DePIN field.

Unlike projects that focus solely on a single area, 4EVERLAND integrates various DePIN technologies to "package" Web3's storage, computing, and network resources, providing them to customers on demand. For example, 4EVERLAND has established close cooperation with leading projects in the decentralized storage field, allowing users to efficiently utilize their storage services through 4EVERLAND. Some well-known open-source projects leverage 4EVERLAND's solutions to store off-chain data on distributed storage networks, ensuring the verifiability and persistence of the data.

By integrating a decentralized physical infrastructure network and community-contributed idle resources, 4EVERLAND is gradually realizing its vision: to become a bridge connecting Web2 and Web3, helping millions of Web3 applications and developers transition smoothly to decentralized architecture.

1.1.2 Establishment and Development History

4EVERLAND was established in 2021 and is headquartered in Singapore, with investors including several well-known institutions.

As a new generation decentralized cloud service platform, 4EVERLAND integrates storage, networking, and computing capabilities, providing users with efficient, secure, and scalable cloud computing services through innovative technology architecture and resource integration models. The architecture of the 4EVER Network is positioned as the hub of the DePIN ecosystem, aiming to efficiently integrate and utilize decentralized physical resources to provide infrastructure for millions of Web3 developers and applications.

Its strategic focus includes two directions: first, maximizing resource utilization efficiency through deep integration of existing DePIN protocols; second, achieving significant reductions in operational costs by connecting idle physical resources globally. By combining these two strategies, 4EVERLAND is committed to creating a decentralized cloud infrastructure for developers and enterprises, characterized by efficiency and resilience, promoting a new era of sustainable cloud computing.

4EVERLAND is not developing independently, but has deeply integrated into the ecosystem of a well-known public chain, becoming a key player in the DePIN map by industry analysis organizations. It is more like the "infrastructure madman" in the DePIN ecosystem, helping global developers smoothly transition from Web2 to Web3, sparking a decentralized revolution in cloud computing.

1.1.3 Important Time Nodes

• July 2021: 4EVERLAND officially established
• August 2021: Launch of the test network
• December 2021: Launched Mainnet version 1.0
• April 2022: Launched Mainnet 2.0 version
• August 2022: Launched mainnet version 3.0
• January 2023: Launched mainnet version 4.0
• August 2023: Launched mainnet version 5.0
• December 2023: Tokens will be listed on mainstream exchanges

1.2 Data Overview

1.2.1 Project Data

Since the launch of the 4EVERLAND mainnet, its development momentum has been rapid. The platform has currently accumulated over 3 million registered users, with daily active users (DAU) exceeding 100,000 and monthly active users (MAU) exceeding 1 million, covering over 250,000 developers and clients. This data indicates that 4EVERLAND has quickly attracted widespread attention from global developers and enterprises in a short period of time. Combining the data from the past week, the number of unique active wallets (UAW), transaction volume, and other metrics of 4EVERLAND have shown a strong growth trend.

In the field of storage, 4EVERLAND occupies an important position in the decentralized storage market, becoming a leader in multiple storage ecosystems:

• A decentralized storage public chain: 4EVERLAND is the largest decentralized storage provider in the ecosystem, and is also an officially certified storage provider (SP) and validator. As a core pillar of this public chain, 4EVERLAND not only provides strong storage resources but also supports related networks. By integrating the advantages of multiple storage protocols, 4EVERLAND offers a more efficient and user-friendly storage solution, greatly reducing the threshold for users to utilize decentralized storage. As its first unofficial storage provider and validator, 4EVERLAND ranks first in the ecosystem with 30,000 storage transactions per day. In the past 7 days, the storage transaction volume has achieved a growth rate of 180%, far ahead of other competitors.

• IPFS Storage: Cumulative storage capacity reaches 2000 TB, ranking third in the IPFS ecosystem.

• A certain permanent storage network: achieving a storage capacity of 20 TB, ranking third in this ecosystem.

From the perspective of core competitiveness in serving global customers, 4EVERLAND has provided storage and computing services for over 250,000 applications, including several well-known projects. In particular, with support for a certain open-source voting platform, 4EVERLAND has surpassed other competitors with a performance advantage of up to 99.9%, making it the preferred storage solution for developers and teams. In addition, it has also received grants from multiple well-known public chains and protocols.

In terms of ecological support and wallet compatibility, 4EVERLAND is compatible with over 10 mainstream Web3 wallets, providing convenient access for users and developers, as well as a wider range of application scenarios. This diversified support further consolidates its core position in the Web3 ecosystem.

1.2.2 Social Media Data

4EVERLAND has shown a high level of activity across different media channels, as detailed below:

1. Telegram Group: This community has over 950,000 members, with active users exceeding 30,000.
2. X: The number of followers exceeds 360,000, with frequent updates.
3. Discord: The platform has over 75,000 members, with more than 2k active users.
4. Telegram miniapp: This channel has over 1 million users per month.

In addition, there are over 30,000 interactions daily on its Github (data triggered by users linking the host with Github, which to some extent represents the project update frequency).

1.3 Token Economics

The economic model of 4EVERLAND has been meticulously designed, featuring a unique dual-token economic model: $4EVER is the core governance token of 4EVERLAND, while $LAND is the resource token of 4EVERLAND. It aims to ensure the stability and security of the network while implementing a sustainable dynamic incentive mechanism.

1.3.1 $LAND: Stablecoin and resource payment unit

The launch of $LAND is aimed at providing users with a stable and efficient resource payment system within the 4EVERLAND ecosystem. As a stable Token, it serves as the primary settlement tool for all user services.

• Stable value peg: $LAND serves as a settlement tool for resource payments at a fixed exchange rate (1 USD = 1,000,000 $LAND), effectively avoiding volatility risk.
• Resource Payment: $LAND is used to measure and account for all resource consumption on the 4EVERLAND platform, such as bandwidth, build time, compute units, API calls, and node usage.
• Flexible exchange mechanism: Supports converting multiple blockchain assets into $LAND, and the corresponding assets will be automatically converted into stablecoins and deposited into the treasury smart contract.
• Treasury Circulation: Assets deposited into the treasury will be converted into stablecoins and distributed through two main methods: -- Ecosystem Rewards: Used for 4EVER buyback and distributed as rewards for resource providers and 4EVER holders. -- Token buyback and burn: Increase the scarcity of 4EVER, thereby enhancing its value.
• Non-circulating: $LAND is only used for resource payments within the 4EVERLAND ecosystem and cannot be traded on the secondary market, ensuring value stability.

1.3.2 $4EVER: Governance and Utility Token

As the governance and utility token of 4EVERLAND, 4EVER is the core carrier of ecosystem value, capable of addressing various use cases from resource payments to value acquisition and decentralized governance. It plays a crucial role in promoting the long-term sustainability of the system. The functions and roles of $4EVER:

• Node Staking and Rewards: 4EVER powers the PoS mechanism and AVS mechanism. Resource providers must stake $4EVER to participate in node elections and receive $4EVER as a reward for their contributions.
• Value Acquisition and Buyback Mechanism: The platform's revenue recovery mechanism allows $4EVER to acquire value from the treasury pool, enhancing the scarcity and value of $4EVER through the buyback and burn process.
• Resource Payment: Users can choose to exchange $4EVER for $LAND and use $LAND to pay for service fees, thereby promoting the circulation and demand of the tokens.
• Ecological Governance: As a governance token, $4EVER empowers holders to participate in key decision-making processes, such as proposing and voting on platform upgrades, resource allocation, and shaping the future of the ecosystem.

The total supply of $4EVER is 10 billion tokens, of which 70% will be used to support 4EVER node rewards, community development and operations, as well as user incentives, promoting the prosperous development of the decentralized cloud computing ecosystem. The specific allocation ratio is: node rewards 40%, community funds 15%, operational funds 10%, user rewards 5%, with the remaining portion including token sales 15%, core team and advisors 12%, and initial liquidity and market-making funds 3%.

Essentially, 4EVER is the cornerstone of the 4EVERLAND ecosystem's functionality and value acquisition. It not only supports the daily operational needs of the platform but also enhances transparency and fairness through a decentralized governance system. As the platform continues to expand, 4EVER will increasingly serve a broader audience, including node operators, developers, and community participants.