/biz/ - Business & Finance

arweave silently mooning again

https://threader.app/thread/1271505781578362881

Arweave $AR

Coinbase invested $8m in March https://www.theblockcrypto.com/linked/57928/blockchain-startup-arweave-secures-8-3m-from-andreessen-horowitz-union-square-ventures-and-coinbase-ventures

Pay once, store forever model, on mainnet since 2018, v2.1 launched this week allowing unlimited file size (limit was 10mb previously)

Just launched the SmartWeave where apps can tokenize and run Inverse ICO's for profit sharing. Also involved with ETH NFT's https://www.theblockcrypto.com/post/68255/arweave-says-its-new-profit-sharing-token-scheme-makes-it-possible-to-run-inverse-icos

Filecoin is designed to incentivise storage of data for a period of time.

Bittorrent focuses on incentivising data sharing.

IPFS is a CDN, not a storage network.

They are all very valuable protocols in their own right, but they are not built to provide permanent data storage. $AR

https://arweave.org - start learning and using the permaweb

People are so focused on DeFi they are missing alpha elsewhere.

https://twitter.com/kvnbelanger/status/1270900683672367105