4EVERLAND: A Pioneer in Decentralization Cloud Computing Integrating DePIN Resources

1. Overview of 4EVERLAND

1.1 Project Introduction

1.1.1 Market Background

In recent years, the development of cloud computing technology has brought revolutionary changes to traditional IT infrastructure. Although centralized cloud computing still dominates, decentralized models are rapidly emerging to redefine industry rules in a more free, secure, and environmentally friendly way.

Compared to traditional centralized models, decentralized cloud computing is becoming an important direction for future development due to its flexibility and privacy advantages. Decentralized cloud computing no longer relies on a single super server, but instead disperses data storage across nodes around the world, achieving flexibility for on-demand scaling and distribution, surpassing traditional cloud services in multiple aspects.

As people's attention to the environmental impact of cryptocurrency systems continues to increase, the issues of proof of work (PoW) systems consuming large amounts of electricity and equipment are becoming increasingly prominent. It is expected that by 2025, data centers will account for over 3% of global carbon emissions. By 2040, digital data storage is expected to generate 14% of global carbon emissions, equivalent to the current carbon emission levels of the United States.

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

In recent years, DePIN projects have received a significant amount of investment, with fundraising scales increasing notably. For example, from the third quarter of 2023 to the third quarter of 2024, the total funds raised by DePIN projects increased nearly sevenfold. Additionally, in April 2023, a trading platform officially launched an important project in the field of decentralized storage, providing core decentralized storage infrastructure for its ecosystem, and innovatively allowing users and decentralized applications (DApps) to create, store, and trade fully autonomous data.

The entire DePIN industry currently has a market size of 90 billion USD, but 95% of its infrastructure capacity has not been effectively utilized. In this favorable moment, 4EVERLAND is like a rising star. It is not only a decentralized cloud computing platform but also serves as a resource aggregator for the entire DePIN track.

Unlike storage or computing projects that focus solely on a specific area, 4EVERLAND integrates various DePIN technologies to "package" Web3 storage, computing, and network resources, providing them to clients on demand. For example, 4EVERLAND has established close partnerships with well-known projects in the decentralized storage field, allowing users to efficiently and quickly utilize its storage services. Some famous open-source projects are using 4EVERLAND's solutions to store off-chain data on decentralized storage networks, ensuring the verifiability and persistence of the data.

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

1.1.2 Establishment and Development History

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

4EVERLAND is a next-generation decentralized cloud service platform that integrates storage, networking, and computing capabilities, dedicated to providing users with efficient, secure, and scalable cloud computing services through innovative technology architecture and resource integration models. The architecture of 4EVER Network is positioned at the core of the DePIN ecosystem, aimed at efficiently integrating and utilizing decentralized physical resources to provide infrastructure for millions of Web3 developers and applications.

As a pioneering technology, its strategic focus includes two directions: first, maximizing the utilization efficiency of resources through deep integration of existing DePIN protocols; second, significantly reducing operational costs by connecting idle physical resources globally. By combining these two strategies, 4EVERLAND is committed to building a decentralized cloud infrastructure aimed at developers and enterprises, combining efficiency and resilience to promote a new era of sustainable cloud computing.

In addition, 4EVERLAND, as an important supporter of a certain blockchain network, has deeply integrated into its ecosystem and has become a key player in Messari's DePIN map. Rather than going it alone, it is more like the "infrastructure madman" in the DePIN ecosystem, helping global developers smoothly transition from Web2 to Web3, igniting a decentralized revolution in cloud computing.

1.1.3 Important Milestones

May 2021: 4EVERLAND officially established September 2021: Launched decentralized custody services February 2022: Launched 4EVER HOST product June 2022: Launched decentralized storage service 4EVER BUCKET September 2022: Launched 4EVER GateWAY product January 2023: 4EVER STORE launched March 2023: Reached a strategic partnership with a certain blockchain network. May 2023: Launch of AI HOSTING service August 2023: Launched 4EVER VAULT December 2023: $4EVER token listed on the exchange

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, among which the daily active users (DAU) exceed 100,000, and the monthly active users (MAU) exceed 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. Combining the data from the past week, 4EVERLAND's independent active wallet number (UAW), trading volume, and other metrics have all shown a strong growth trend.

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

• A blockchain network: 4EVERLAND is the largest decentralized storage provider in this ecosystem and is also an officially certified Storage Provider (SP) and validator. As a core pillar, 4EVERLAND not only provides powerful storage resources but also supports related networks. By integrating the advantages of IPFS and Arweave, 4EVERLAND offers a more efficient and user-friendly storage solution, significantly lowering the barriers 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.

• Arweave storage: Achieving a storage capacity of 20 TB, ranking third in the Arweave ecosystem.

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

In terms of ecological support and wallet compatibility, 4EVERLAND is compatible with over 10 mainstream Web3 wallets, providing convenient access methods and broader application scenarios for users and developers. 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, specifically as follows:

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

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

1.3 Token Economics

The economic model of 4EVERLAND has been meticulously designed, featuring a unique dual-token economic system: $4EVER is the core governance token of 4EVERLAND, while $LAND serves as the resource token of 4EVERLAND. This is aimed at ensuring 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 risks.
• 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 the conversion of various blockchain assets into $LAND, with the corresponding assets 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 increasing its value.
• Non-circulating: $LAND is used only 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 ranging 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 and AVS mechanisms. 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 with the right 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 a decentralized cloud computing ecosystem. The specific allocation ratios are: 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 functional and value acquisition of the 4EVERLAND ecosystem.