What is Arweave (AR)

1. Project Introduction Arweave is the first protocol designed for permanent data storage. It allows anyone to store data forever with a one-time fee. The Permaweb is a permanent, decentralized web built on Arweave, composed of modular, interchangeable protocols. The system is powered by a scalable, blockchain-like structure with a novel mining mechanism and a sustainable endowment model to ensure data permanence and accessibility. A decentralized network of gateway servers allows users to access stored data via web browsers without special software. Summary: Arweave (AR) is a decentralized storage network designed to provide permanent data storage. 2. Team & Investment Info Team: Sam Williams, Founder of Arweave and CEO of Minimum Spanning Technologies, graduate of the University of Nottingham, UK. Sebastian Campos Groth, COO, previously at Techstars. Funding: March 2020: Raised $8.3 million from Union Square Ventures, Andreessen Horowitz (a16z), and Coinbase Ventures. November 2019: Raised $5 million led by a16z, with participation from Union Square Ventures and Multicoin Capital. 3. Social Media URLs X: https://x.com/ArweaveEco Discord: https://discord.gg/BXk8tq7 4. Token Info Token Symbol: AR Total Supply: 66,000,000 Issuance/Burn Mechanism: Fixed supply Contract Address: https://viewblock.io/arweave 5. Related Links Official Website: https://www.arweave.org/ LinkedIn: https://www.linkedin.com/company/arweave/ Other Info: https://www.rootdata.com/Projects/detail/Arweave?k=MTQ3; https://github.com/ArweaveTeam/arweave