Myriad Goes Fully On-Chain with Walrus Integration

Myriad’s integration with Walrus marks a fundamental shift in how prediction market data is stored and verified. The protocol has replaced its legacy storage model—which combined decentralized storage with cloud storage—with a fully on-chain approach using Walrus as its data layer for image storage. This transition ensures that every market artifact across Myriad is now stored immutably and verifiably on-chain, creating what Ilan Hazan, co-founder and COO of Myriad, describes as ‘tamper-proof, publicly auditable provenance.’

The implications for trust and verification are substantial. According to Walrus Managing Executive Rebecca Simmonds, with Myriad having transitioned to decentralized storage and on-chain market data, all of its outputs are now ‘completely and utterly verifiable.’ She emphasized that these records are ‘tamper proof and they are a record of exactly what happened, what the outcome was, what was paid out—and that is there for time immemorial and cannot be changed.’ This level of permanence and transparency matters both for establishing trust among Myriad users and for potential regulatory compliance, particularly if Myriad enters regulated markets or faces auditing requirements.

The creation of verified, on-chain prediction market data opens significant opportunities beyond the protocol itself. As Simmonds explained, Myriad’s commitment to presenting prediction market outcomes on-chain creates a data source with ‘very interesting’ applications across decentralized finance and artificial intelligence. AI models can now consume verified price feeds and evidence sets from prediction markets, while DeFi protocols can reference those same proofs to collateralize positions or trigger automated payouts.

Simmonds highlighted the unique value of prediction market data, calling it the ‘purest form of a poll you can get’ because it represents ‘people putting money behind their opinions.’ She noted that ‘once you start building that up, you can do lots of very interesting analysis—either in AI or even as government policy makers—to understand how groups think of things.’ This positions Myriad’s verified data as a valuable resource for both commercial and public sector applications where understanding collective intelligence and market sentiment is crucial.

The partnership builds on existing relationships within the Sui blockchain ecosystem. Walrus already serves as the decentralized storage protocol for Decrypt, which began storing its articles, images and videos on the platform earlier this year, creating what the companies describe as an ‘immutable public archive of journalism.’ Through the new integration, Myriad will also explore connections with other elements of the Sui stack including Seal, its dedicated secrets management platform.

According to Hazan, the extended collaboration with Walrus advances Myriad’s mission to ‘realign incentives in the media ecosystem.’ He stated that ‘together, Myriad and Walrus are building the infrastructure for a more open and accountable web—one where data, trust, and ownership belong to users.’ This vision aligns with broader trends in the blockchain space toward user-controlled data and transparent systems that can be publicly verified without relying on centralized intermediaries.