1. Introduction

Recently, 4EVERLAND, a Web3 comprehensive cloud service provider that has been established and operated for more than 4 years, has finally conducted its TGE. It started with decentralized front-end hosting services and gradually expanded to Web3 gateways, custom decentralized storage solutions, and RaaS (Rollup as a Service). service), blockchain RPC and AI RPC services, forming a product matrix around Web3 development needs.

In this article, the author will investigate some key issues of the project to provide readers with an intuitive impression of the project, including:

• The core products and business content of the project, and the main customer groups
• The project’s business performance and data.
• Financing, major partners, and token model.

This article reflects the author’s preliminary thoughts as of the time of publication. Future changes may occur, and the views expressed are highly subjective. There may also be inaccuracies in facts, data, or reasoning, and readers are welcome to provide criticism and further discussion. However, this article does not constitute any investment advice.

The following is the main text.

2. 4EVERLAND Business Overview

4EVERLAND is a Web3.0 cloud computing platform that integrates storage, computing and network core capabilities. It is a typical B2B (business-to-business) project.

At its core, 4EVERLAND provides essential resources like computing, storage, and bandwidth required by developers. These resources are integrated into user-friendly tools and APIs, significantly reducing the complexity and cost for developers to independently manage these resources.

From its available products, 4EVERLAND offers decentralized infrastructure-based services such as DApp hosting and storage, as well as AI-driven services like AI RPC built on traditional internet technologies. Furthermore, 4EVERLAND has developed the 4EVER Network, which coordinates supply and demand for resources (storage, computation, and network bandwidth). Specific services include:

Dapp and Website Hosting

Websites built on centralized servers face challenges like censorship resistance and single points of failure (e.g., Tornado.Cash’s front-end became nearly inaccessible following OFAC sanctions). 4EVERLAND’s hosting service allows developers to host websites and decentralized applications (DApps) on multiple protocols, including IPFS, Arweave, ICP, and BNB Chain’s Greenfield. Developers can choose their preferred underlying protocol for hosting.

Additionally, 4EVERLAND’s hosting service offers advanced features, such as enhanced caching (to improve website or application performance and response speed), CDN capabilities (to boost access speed for global users), automated SSL certificate management, and other security features. It also provides gateway services compatible with the hosting protocols, reducing front-end maintenance costs for developers.

Currently, projects like the DEX SyncSwap on zkSync, the top lending platform Venus on BNB Chain, and Astar are using 4EVERLAND’s hosting services.

Storage

4EVERLAND offers distributed storage services based on protocols such as IPFS, Arweave, and Greenfield. Its storage solutions simplify the process for developers to adopt decentralized storage by providing a 4EVERLAND API compatible with AWS S3 API used in traditional cloud services.

Notable projects like the decentralized voting and governance platform Snapshot, the decentralized identity protocol SpaceID, and the Rollup project Taiko utilize 4EVERLAND’s storage services.

RPC

RPC (Remote Procedure Call) services can be simply understood as the “bridge” or “communication interface” between programs (such as wallets and DApps) and blockchain networks. Its function is to enable programs to communicate with the blockchain, obtain data or send instructions. 4EVERLAND provides RPC services for most mainstream chains. Web3 developers no longer need to run their own clients and can directly request to interact with various chains through APIs.

Projects in the Arweave ecosystem, such as Everpay and Permaswap, currently use 4EVERLAND’s RPC services.

RaaS

4EVERLAND’s Rollup Stack uses OP Stack and Polygon CDK, and also introduces Arweave data availability (DA) to support Perma Blobs archiving service.

4EVER Network

Compared with the modular services described above, 4EVER Network is a system that aggregates resources on the supply side. This system consists of two components:

One is DePIN Aggregator, which directly faces the existing mainstream Depin network, such as IO.NET\Akash for computing power, Arweave for storage, Fleek\Menson for bandwidth, etc., and aggregates these network resources for developers. This feature is already live.

Even top-tier DePIN protocols often face significant idle network resources, and standards across networks offering similar resources remain fragmented. The DePIN Aggregator serves to provide developers with a unified interface for DePIN resources, delivering custom, low-cost, and instantly available services. On the other side, it funnels business demand to various idle DePIN networks.

Another part of 4EVER Network is 4EVER Node. This protocol directly aggregates various idle resources of users, including computing power, bandwidth and storage, etc., and provides resources to developers. This component is still under development.

AI RPC

In addition to hosting, storage, RPC, RaaS and 4EVER Network, 4EVERLAND also has AI RPC services, which provide a unified interface that connects to major mainstream AI models, allowing developers to access cutting-edge AI models more efficiently for their business needs.

Business Model

4EVERLAND’s business model is straightforward: users pay for the protocol by using its services. Currently, users are allocated a certain amount of free usage, after which they must pay based on the resources consumed.

3. 4EVERLAND Business Metrics

3.1 Number of Users

According to official data, 4EVERLAND has over 250,000 registered users who have consumed resources on the platform.

Additionally, developers can link their GitHub accounts to the 4EVERLAND system. When code updates occur, requests are pushed to 4EVERLAND, which then automatically builds and deploys new versions of the website.

Currently, the number of daily active updates from GitHub-linked accounts on 4EVERLAND exceeds 30,000.

Github developers’ update push flow in 4EVERLAND

3.2 Storage

4EVERLAND ranks among the top data storage providers for Arweave and Greenfield:

In Greenfield, the amount of data stored in the past seven days was 1.2GB, ranking fourth.

https://dappbay.bnbchain.org/ranking/chain/greenfield?sort=totalStorageSize

Arweave, over the same period, 4EVERLAND stored 397.6 MiB in Bundles, ranking 8th.

https://viewblock.io/arweave/topStats?tab=bundles&time=seven

3.3 Protocol Revenue

4EVERLAND’s revenue data is not publicly disclosed. However, based on information obtained through discussions with the team, 4EVERLAND’s monthly revenue is currently between $40,000 and $50,000.

4. Financing, Partnerships, and Token Model

4.1 Financing

4EVERLAND has conducted two rounds of public financing. The first round was in August 2021, raising US$1.5 million. Investors include Fenbushi Capital,FBG Capital、Pay Ventures, Mint Ventures, etc.; the second round of financing was in December 2023, raising US$2 million, and investors include Arweave、Waterdrip Capital、Bing Ventures、Arweave SCP Ventures、GTS Ventures、Web3.com Ventures、Hillstone Finance、Forward Research etc. No specific valuation details were disclosed for either round.

Additionally, 4EVERLAND has received multiple grants from organizations including BNB Chain, Polygon, Optimism, IPFS, Arweave, and ICP.

4.2 Partnerships

In 4EVERLAND’s recently released ecosystem partnership map, aside from the representative projects mentioned earlier, many blockchains and Layer 2 projects have established deep collaborations with 4EVERLAND. Through its services, developers can more efficiently develop and maintain projects on these blockchains. Some blockchains and Rollup ecosystems directly procure 4EVERLAND’s services; for example, Taiko uses 4EVERLAND’s gateway service and employs its storage services to manage NFT-related projects.

4.3 Token Model

4EVERLAND announced its token model on December 9, with specific details as follows:

• The project has dual tokens, of which Land is a payment token with pricing anchored to the US dollar, used to pay for various resources, and used to repurchase the governance token 4EVER; 4EVER is a governance and utility token.
• The total number of 4EVER tokens is 10 billion, issued on Ethereum
• The specific token distribution is as follows:

Node rewards are 40%, community funds are 15%, operating funds are 10%, user rewards are 5%, and the remainder includes token sales 15%, core team and advisors 12%, and initial liquidity and market making funds 3%.

As of December 16, the project’s Fully Diluted Valuation (FDV) was approximately $60 million, with a circulating market capitalization of just $4.8 million.

5. Summary

As a Web3.0 cloud service platform integrating core capabilities in storage, computing, and networking, 4EVERLAND aims to provide developers with easy access to resources and tools. Additionally, its 4EVER Network aggregates resources on the supply side, matching developer demand with the currently underutilized resources in various DePIN networks while offering developers more lightweight, cost-effective, and diverse Web3 resource solutions. As the Web3 industry continues to advance and the developer community expands, the demand for developer-facing resources will grow, positioning 4EVERLAND to benefit significantly.

Disclaimer:

1. This article is reprinted from [Mint Ventures]. All copyrights belong to the original author [Alex Xu]. If there are objections to this reprint, please contact the Gate Learn team, and they will handle it promptly.
2. Liability Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice.
3. Translations of the article into other languages are done by the Gate Learn team. Unless mentioned, copying, distributing, or plagiarizing the translated articles is prohibited.