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Arweave (AR)

$15.490 -4.45%
Rank

#107

Market Cap

$679,163,012.00

Volume

$14,778,048.00

24h High / 24h Low

$16.450 / $15.340

24h 7D 1M 1Y MAX
Mining Rate: 66.4%
Circulating Supply: 43,825,615.00
Total Supply: 66,000,000.00

What is Arweave (AR)

Arweave is a native token for the Arweave blockchain platform, a platform to makes information permanence sustainable. Arweave is a new type of storage powered by blockchain technology that backs data with sustainable and perpetual endowments, acting as a collectively owned hard drive. It allows users to store data, remember and preserve valuable information, apps, and history indefinitely. One of the use cases is by capturing a specific website at a specific time so that users can compare it with in the future.

Arweave also has other services such as Feedweave, Weavemail, and more. Feedweave is a decentralized and trustless blogging platform. Weavemail, as its name suggests, is a mail network on top of the Arweave blockchain. Weavemail is claimed to be a mail network with integrity, where users’ data are never sold, no advertising, or violating users’ privacy in any way. The Arweave token has multiple use cases, one of them is to rewards miners and contributors with its profit-sharing concept.

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