Arweave (AR) is a utility token for the Arweave storage network. Arweave was officially launched in June 2018 and is essentially a decentralised platform for the indefinite storage of data. The network is built on blockweave technology and allows users to preserve valuable information indefinitely. On top of this network, Arweave has developed a permaweb that anyone can contribute to and potentially be paid to maintain.
Arweave tokens are primarily used for protocol governance and network transactions, with the project placing a strong emphasis on its community.
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