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About Arweave
Disclosures
Arweave risk
This material is for informational purposes only and is not exhaustive of all risks associated with trading Arweave. All crypto assets are risky, there are general risks in investing in Arweave. These include volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk & cyber security risk. This is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto assets; or (iii) financial, accounting, legal or tax advice. Profits may be subject to capital gains tax. You should carefully consider whether trading or holding crypto assets is suitable for you in light of your financial situation. Please review the Risk Summary for additional information.
Investment Risk
The performance of most crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
Lack of Protections
Crypto assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto asset investments.
Liquidity Risk
There is no guarantee that investments in crypto assets can be easily sold at any given time.
Complexity
Investments in crypto assets can be complex, making it difficult to understand the risks associated with the investment. You should do your own research before investing. If something sounds too good to be true, it probably is.
Concentration Risk
Don't put all your eggs in one basket. Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
Five questions to ask yourself
- Am I comfortable with the level of risk? Can I afford to lose my money?
- Do I understand the investment and could I get my money out easily?
- Are my investments regulated?
- Am I protected if the investment provider or my adviser goes out of business?
- Should I get financial advice?
Arweave’s price performance
Arweave on socials
Guides
Arweave FAQ
Arweave (AR) is a blockchain-based project that operates as a decentralized storage network. It introduces a unique platform where users can securely and indefinitely store vast amounts of data. By leveraging blockchain technology, Arweave ensures data immutability, privacy, and long-term accessibility.
Arweave presents several notable advantages compared to traditional storage solutions. One key benefit is the requirement of a single upfront fee for data storage. Once the fee is paid, the stored data remains permanently accessible without the need for recurring payments. This provides a cost-effective and hassle-free storage option. Additionally, Arweave guarantees the safety and immutability of the stored data, offering peace of mind for users concerned about data integrity and security.
Easily buy AR tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include AR/USDT and AR/USDC.
You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for AR with zero fees and no price slippage by using OKX Convert.
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
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