Arweave price

in AED
AED24.4
-AED1.712 (-6.56%)
AED
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Market cap
AED1.60B #81
Circulating supply
65.45M / 66M
All-time high
AED261.01
24h volume
AED133.85M
3.8 / 5
ARAR
AEDAED

About Arweave

AR, the native cryptocurrency of the Arweave network, powers a groundbreaking blockchain-based storage solution designed for permanent data preservation. Unlike traditional cloud storage, Arweave uses a decentralized system to ensure that information is stored securely and forever, making it ideal for archiving important documents, digital art, and historical records. AR tokens are used to pay for storage on the network, incentivizing participants to maintain the system and keep data accessible over time. This innovative approach addresses the growing need for reliable, tamper-proof storage in a digital age. Whether you're a creator, researcher, or business owner, AR offers a unique way to safeguard valuable information while contributing to a sustainable, decentralized ecosystem. Explore AR to unlock the future of permanent data storage.
AI-generated
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Last audit: 3 June 2021, (UTC+8)

Arweave’s price performance

Past year
-68.41%
AED77.25
3 months
-10.45%
AED27.25
30 days
-17.81%
AED29.69
7 days
-13.95%
AED28.36

Arweave on socials

🐘🔗ArDrive.ar.io
🐘🔗ArDrive.ar.io
ArDrive is officially 5 years old today. 🎂 5 years ago today @vilenarios introduced a new way for anyone to store data permanently on @onlyarweave & achieve digital sovereignty. Here’s to at least 200 more years & a future where your data can’t be deleted, censored, or lost.
ao
ao
This week on DUH we’re bringing the vibes south of the equator 🌍 We’re joined by @LamprechtTaylor, who went from @Weavers_Org to AO Core Team. On the agenda: → South Africa’s crypto scene → Behind-the-scenes of content creation → Permaweb Raid culture → ETH → @ArweaveEco culture shifts And more! Thursday at 1pm ET. Pull up, DUH fam:
余烬
余烬
Last time I talked about the Kaito "mouth" activity in @irys_xyz, a friend said that there are still quite a lot of data storage projects, including old protocols that have been around for several years, and new forces that have just joined this track this year. Ask me what advantages Irys has for projects with data (storage and compute) needs. In fact, Irys, as a programmable data link, is fundamentally different from other storage protocols. Others are storage and compute separation, while Irys integrates the storage layer with an EVM-compatible execution layer (rysVM). Simply put, the IRYS data storage and computational execution are on the same network layer, and smart contracts can directly read and write the underlying storage data without the need for cross-protocol calls (through oracles or external APIs), thereby improving performance, development efficiency, support for new scenarios, and economic models. You can see the difference between IRYS as a programmable data link and other storage protocols by comparing the mechanism/features of IRYS with several projects below. Compare Filecoin: Redefining Storage Efficiency and Economic Models Compare Arweave: Solve the cost and feature bottlenecks of persistent storage Compare Story: Scale-out data infrastructure Compare Walrus: L1 native datalink vs. application layer solution You can see that Irys is actually more like on-chain AWS: providing a one-stop service integrating storage, computing, and database for AI and other large-scale data applications, with efficiency, cost, and experience advantages.
余烬
余烬
At the end of last month, @josh_benaron, the founder of @irys_xyz, mentioned that the Irys mainnet was approaching, and then Irys' official tweet updated a Yapper ranking for Kaito sub-regions, estimating that Irys TGE is coming soon. Although Irys did not mention that there would be Yaps rewards, logically speaking, updating the Kaito list also specifically reminded me that there are rewards that are not running. "Mouth Picking Players", come and roll the rankings~ The Chinese region is not rolled up now: I looked at it, and in the top 1,000 of the overall list, there are only 51 people in the Chinese region. Two related articles should be on the list. List: Irys is a programmable data chain, and its core feature or advantage is that data storage, calculation, and execution are all on the same chain. At present, most data chains are stored and computed separately, and the data is calculated or executed off-chain and then returned to the on-chain smart contract. A verification method (such as a ZK proof) must be added to verify that the data or calculation results are correct. Irys can be done directly in one stop, and has very significant advantages in terms of cost, speed, experience, and security.

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Arweave FAQ

Currently, one Arweave is worth AED24.4. For answers and insight into Arweave's price action, you're in the right place. Explore the latest Arweave charts and trade responsibly with OKX.
Cryptocurrencies, such as Arweave, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Arweave have been created as well.
Check out our Arweave price prediction page to forecast future prices and determine your price targets.

Dive deeper into Arweave

As the popularity of blockchain soared due to its secure and immutable nature, Arweave seized the opportunity to create a platform that offers a unique approach to data storage. The project's innovative concept holds the promise of virtually limitless storage capabilities, opening up new possibilities for individuals and businesses alike. 

What is Arweave

Arweave is a decentralized storage network that aims to revolutionize data storage by providing an indefinite storage solution. At the heart of Arweave's ecosystem lies the concept of the "permaweb," which represents a permanent and decentralized web infrastructure. Through the permaweb, Arweave hosts a multitude of community-driven applications and platforms.

The Arweave team

Arweave was founded by two PhD candidates at the University of Kent, Sam Williams and William Jones. Sam Williams brought his expertise in decentralized and distributed systems to the project, while William Jones specialized in neural networking and graph theory. Although Williams made the decision to leave his studies and dedicate himself fully to Arweave, Jones chose to complete his PhD before pursuing other ventures.

How does Arweave work

Arweave operates on a unique technology called Blockweave, which forms the foundation of its permaweb. Unlike traditional blockchain systems, Blockweave connects each block to two others: one that comes before it and another chosen randomly from earlier blocks. This design incentivizes miners to store more data by requiring them to access previous blocks in order to receive rewards.

Arweave’s native token: AR 

Arweave's native token, AR, plays a crucial role within the Arweave network. The cryptocurrency was launched in late May 2020 with a maximum supply of 66 million AR tokens and a total supply of 63.19 million. The circulating supply currently stands at 33.39 million.

AR is readily available for trading on numerous decentralized exchanges (DEX), providing users with easy access to participate in the Arweave ecosystem. Additionally, AR is listed and actively traded on nearly 50 prominent centralized exchanges, including OKX. This broad availability and exchange support contribute to the liquidity and accessibility of AR, facilitating its use within the Arweave network and enabling users to engage with the platform's innovative decentralized storage solutions.

How to stake AR

One popular way to stake AR is through OKX Earn. OKX Earn offers a one percent APY with a flexible staking term. Through staking AR, you can earn passive rewards. You may also unstake AR at any time. 

AR token use cases

AR token, the native cryptocurrency of the Arweave network, plays a crucial role in facilitating the storage and permanence of data. Unlike traditional Web2 storage platforms such as Google Cloud or Amazon Web Services that require recurring payments, Arweave operates on a one-time, up-front fee model.

By using AR tokens, users can securely store their data on the Arweave network, ensuring its permanence, privacy, and immutability. Once the data is stored, it remains safe and accessible indefinitely, making Arweave a unique platform for individuals and organizations seeking a decentralized and permanent storage option.

AR token distribution

AR’s distribution is as follows:

  • 38.5 percent was sold from the Genesis Block supply.
  • 2.9 percent was allocated to project advisors.
  • 13 percent was set aside for the project team, with a fifth of this allocation being released annually over a period of five years. 
  • 19.1 percent was allotted for further development of the Arweave ecosystem.
  • 26.5 percent was reserved for future financing of the project, with a fifth of this allocation being released annually over the course of five years.

Arweave and the future of online storage

With Arweave, users can securely store their data in a permanent and tamper-proof manner, ensuring its long-term integrity. This innovative approach to online storage eliminates the need for traditional Web2 solutions, such as recurring payments on centralized platforms. On top of that, with its focus on decentralization and immutability, Arweave is poised to transform the landscape of online storage and pave the way for a new era of data permanence and accessibility.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
AED1.60B #81
Circulating supply
65.45M / 66M
All-time high
AED261.01
24h volume
AED133.85M
3.8 / 5
ARAR
AEDAED
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