Arweave (AR) Data Service - ICO Review, Rating and Details of Arweave ICO (Token Sale) - Rating: Gamble

Arweave is a new data storage blockchain protocol based on a novel proof of access consensus mechanism. Arweave is built on four core technologies that work together to create low cost, high- throughput, permanent storage on a new blockchain. These innovations are: blockweave, proof of access, wildfire, blockshadows. While these technologies are intertwined, each plays a pivotal role in creating a new type of network suited for both fast transactions and low cost permanent storage.

Features & Highlights

  • The backbone of the permaweb.
    • Arweave connects those with disk space to spare, with others that need dependable data storage. This system offers unparalleled levels of data replication and security for users, as well as financial incentives for participants in the network, all while cutting out the middleman.
  • The new web. Truly permanent.
    • Developed by leading scientists and engineers in distributed systems, the blockweave offers true data permanence by utilising an entirely new consensus algorithm, proof of access. The blockweave is able to store data permanently, on-chain, like no other system.
  • Cooperation through incentives.
    • By rewarding the crowd for hosting web pages, Arweave encourages participants to compete to create as many copies of your website as they can. This new algorithm provides immense safety in numbers for your data, while drastically decreasing the energy wastage associated with typical blockchain systems.
  • Truly open source.
    • The Arweave is a totally open source platform built from the ground up to empower our community of developers, miners, and archivists to forge the next web. No patents, no proprietary licences, no nonsense.

Token Allocation

"Public Sale","Private Sale","Seed Sale","Strategic Partners","Advisors","Team","Techstarts","Adoption Incentives","Project","Mining Rewards" {"name": "Public Sale","value": 3.75},{"name": "Private Sale","value": 13.42},{"name": "Seed Sale","value": 9.00},{"name": "Strategic Partners","value": 5.42},{"name": "Advisors","value": 2.42},{"name": "Team","value": 10.83},{"name": "Techstarts","value": 0.50},{"name": "Adoption Incentives","value": 15.92},{"name": "Project","value": 22.08},{"name": "Mining Rewards","value": 16.67}

Token Release Schedule

"Jun 2018", "Jul 2018", "Aug 2018", "Sep 2018", "Oct 2018", "Nov 2018", "Dec 2018", "Jan 2019", "Feb 2019", "Mar 2019", "Apr 2019", "May 2019", "Jun 2019", "Jul 2019", "Aug 2019", "Sep 2019", "Oct 2019", "Nov 2019", "Dec 2019", "Jan 2020", "Feb 2020", "Mar 2020", "Apr 2020", "May 2020", "Jun 2020", "Jul 2020", "Aug 2020", "Sep 2020", "Oct 2020", "Nov 2020", "Dec 2020", "Jan 2021", "Feb 2021", "Mar 2021", "Apr 2021", "May 2021", "Jun 2021", "Jul 2021", "Aug 2021", "Sep 2021", "Oct 2021", "Nov 2021", "Dec 2021", "Jan 2022", "Feb 2022", "Mar 2022", "Apr 2022", "May 2022", "Jun 2022", "Jul 2022", "Aug 2022", "Sep 2022", "Oct 2022", "Nov 2022", "Dec 2022", "Jan 2023", "Feb 2023", "Mar 2023", "Apr 2023", "May 2023", "Jun 2023" {"name": "Public Sale", "icon": "roundRect"},{"name": "Private Sale", "icon": "roundRect"},{"name": "Seed Sale", "icon": "roundRect"},{"name": "Strategic Partners", "icon": "roundRect"},{"name": "Advisors", "icon": "roundRect"},{"name": "Team", "icon": "roundRect"},{"name": "Techstarts", "icon": "roundRect"},{"name": "Adoption Incentives", "icon": "roundRect"},{"name": "Project", "icon": "roundRect"},{"name": "Mining Rewards", "icon": "roundRect"} {"data": [3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75, 3.75],"name": "Public Sale", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42, 13.42],"name": "Private Sale", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00, 9.00],"name": "Seed Sale", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42, 5.42],"name": "Strategic Partners", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42, 2.42],"name": "Advisors", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 2.17, 2.17, 2.17, 2.17, 2.17, 2.17, 2.17, 2.17, 2.17, 2.17, 2.17, 2.17, 4.33, 4.33, 4.33, 4.33, 4.33, 4.33, 4.33, 4.33, 4.33, 4.33, 4.33, 4.33, 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 6.50, 8.67, 8.67, 8.67, 8.67, 8.67, 8.67, 8.67, 8.67, 8.67, 8.67, 8.67, 8.67, 10.83],"name": "Team", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50, 0.50],"name": "Techstarts", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92, 15.92],"name": "Adoption Incentives", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 4.42, 4.42, 4.42, 4.42, 4.42, 4.42, 4.42, 4.42, 4.42, 4.42, 4.42, 4.42, 8.83, 8.83, 8.83, 8.83, 8.83, 8.83, 8.83, 8.83, 8.83, 8.83, 8.83, 8.83, 13.25, 13.25, 13.25, 13.25, 13.25, 13.25, 13.25, 13.25, 13.25, 13.25, 13.25, 13.25, 17.67, 17.67, 17.67, 17.67, 17.67, 17.67, 17.67, 17.67, 17.67, 17.67, 17.67, 17.67, 22.08],"name": "Project", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}},{"data": [0.69, 1.39, 2.08, 2.78, 3.47, 4.17, 4.86, 5.56, 6.25, 6.94, 7.64, 8.33, 8.68, 9.03, 9.37, 9.72, 10.07, 10.42, 10.76, 11.11, 11.46, 11.81, 12.15, 12.50, 12.67, 12.85, 13.02, 13.19, 13.37, 13.54, 13.72, 13.89, 14.06, 14.24, 14.41, 14.58, 14.67, 14.76, 14.84, 14.93, 15.02, 15.10, 15.19, 15.28, 15.36, 15.45, 15.54, 15.62, 15.67, 15.71, 15.76, 15.80, 15.84, 15.89, 15.93, 15.97, 16.02, 16.06, 16.10, 16.15, 16.17],"name": "Mining Rewards", "symbol": "circle", "type": "line", "stack": "Save", "areaStyle": {}}

Token Allocation & Release Note

  • Public Sale: 3.75% of total supply
    • No lockup
  • Private Sale: 13.42 of total supply
    • No lockup
  • Seed Sale: 9% of total supply
    • No lockup
  • Strategic Partners: 5.42% total supply
    • No lockup
  • Advisors: 2.42% of total supply
    • No lockup
  • Team: 10.83% of total supply
    • Locked first year, then 5-years vesting, release 20% yearly. 
  • Techstarts: 0.50% of total supply
    • No lockup
  • Adoption Incentives: 15.92% of total supply
    • No lockup
  • Project: 22.08% of total supply
    • Locked first year, then 5-years vesting, release 20% yearly.
  • Mining Rewards: 16.67% of total supply
    • 11m AR for mining, the reward decreases smoothly in every block, from 5.5m AR in total in the first year, 2.75m AR in the second year, 1.375m AR in the third year, etc.

Token Utility & Use Cases

  • The permaweb
    • The web you can own and run. Arweave enables you to permanently host your web apps and pages, simply and quickly. The traditional web and its data storage systems are fragile and liable to data loss. Now, Arweave’s permaweb enables you to build websites that live forever on a smart blockchain, all while keeping costs low and speeds high.
  • Low cost. Zero maintenance. Permanent hosting.
    • Let the serverless web save you time and money. Arweave has redefined the traditional hosting environment, cutting out the servers and middlemen entirely. We have set the new standard of highly reliable, lightning fast web application hosting at a fraction of the cost of traditional centralised providers.
  • Protect your sources with bullet-proof cryptography.
    • Arweave uses an improved blockchain to cryptographically entangle your web pages and documents, making modification or removal entirely impossible. Arweave’s permaweb is the only system to offer you hundreds of backups and unbreakable cryptography for all of your important links and references.

Social Media Links

Twitter Updates

  • Our open web hackathon with @devpost is live! 🥳🛠️🤖 Register now to build apps on the #permaweb, with a prize pool… https://t.co/reuZYbrEHr
  • Looking for a new project to work on? We're searching for talented devs to contribute to our most recent bounty. Bu… https://t.co/IsgPlVFmP8
  • It's Community Spotlight time! 🤩🚀 Meet Arweave #community member @Valitudines, AKA Josh.👋👱‍♂️Josh lives & breathes… https://t.co/G9KZ0Spu18
  • 'As global #censorship ramps up, the need for robust publishing measures that prevent dystopian governments from re… https://t.co/ZsUaZ1JHQP
  • @AlexRuppertVC @IPFSbot @protocollabs Hey, think of IPFS but incentivised, permanent and resilient; like Filecoin,… https://t.co/UUHsn59dad
  • Will you be #hacking at the @ETHBoston #hackathon at @harvard this Friday? If so, be sure to say Hi 👋 to Arweave's… https://t.co/kVnqF7SAvy
  • In case you missed @samecwilliams speaking on the @1kxnetwork #Decentralized File #Storage panel with friends from… https://t.co/NB1VbfT8qd
  • It's that time again! Check out the latest instalment of the #communityspotlightseries, where we speak with… https://t.co/48RGykg4Uw
  • Aaand that's #BerlinBlockchainWeek done & dusted! A huge thank you to @dappcon_berlin, @web3summit, @1kxnetwork,… https://t.co/fRRJ2UtH2W
  • Imagine if we had access to every book, every document & every article ever written. 📚📄✍️ What would that do for o… https://t.co/gZiCKhYqk9

Medium Updates