Arweave (AR)

Rank #155

Market snapshot

Price
$1.86
Market cap
$122.3M
24h volume
$9.2M
Circulating supply
65,652,466
Total supply
65,652,466
Max supply
66,000,000

What is Arweave?

Arweave aims to create a permanent, decentralized storage solution for data. It allows users to store files indefinitely on its network, ensuring that the information remains accessible over time. Arweave's protocol is designed to be stable and widely adopted, providing a platform for various applications in the realm of data storage and sharing.

Key information

Symbol
AR
CMC rank
#155
Network / platforms
N/A
Categories
N/A
Date added
May 27, 2020

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Arweave?
Arweave is a blockchain-based storage solution that provides permanent data storage, operating like Bitcoin but specifically for data.
What are the risks associated with transferring Arweave?
Digital asset prices can be volatile, and users should verify asset and network before transferring assets.
How can I verify the acquisition of Arweave?
Verify the asset name, network, and destination details before transferring. Ensure the destination address is correct.
Where can I find official resources for Arweave?
Official resources for Arweave include its website at https://www.arweave.org and its GitHub repository at https://github.com/ArweaveTeam/arweave.

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