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