AR
AR Rank #223
Decentralized StorageLayer 1
₹208.86
▼ 1.69%
24h
Market Cap
₹13,712,174,049
24h Volume
₹53,921,308
All-Time High
₹8,530.45
All-Time Low
₹28.56
Circ. Supply
65,652,466
of 66,000,000 max
Fully Diluted
₹13,784,760,000
Price Chart
24h Price Range
INR
₹203.42
₹218.01
Overview
About AR
Arweave is a decentralized storage network built around the idea of paying once to store data permanently, rather than paying repeatedly over time. Its token, AR, is used to pay for this permanent storage.
Arweave was founded by Sam Williams and Will Jones, launching its mainnet in 2018 with a distinctly different goal from most storage networks: permanent, one-time-payment data storage intended to last hundreds of years, rather than storage you pay for on an ongoing basis.
Arweave uses a structure called the blockweave, where miners must access historical data at random to add new blocks, creating an economic incentive to keep replicating and preserving old data rather than letting it fade away over time. A single upfront payment is calculated to cover storage costs indefinitely, based on the falling cost of storage over time.
AR tokens pay for permanent storage on the network and reward miners for storing and serving data. Arweave has become popular infrastructure for storing NFT metadata, decentralized app front-ends, and other data that projects want to guarantee will remain accessible forever, independent of any single company staying in business.
Key Facts
Market Rank#223
Max Supply66,000,000
Circulating65,652,466 AR
SymbolAR
