Arweave
AR
$29.35

Sector

Distributed Computing

Exchange Debut

2020-05-28

Market Cap

1,921,011,975

Maxim Supply

66,000,000

Circulating Supply

65,454,186

Circ. Supply(%)

99.17%
arweave

Arweave

AR

Price

$29.35

Market Cap

Sector

Exchange Debut

1,921,011,975
2020-05-28

Volume 24h

High 24h

Low 24h

42010942
32.41446363822
29.050154428555

Change 24h

Change 7d

Change 30d

-6.2341
-3.3013
0.999

Maxim supply

Circulating supply

Circulating supply(%)

66,000,000
65,454,186
99.17%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Arweave-AR cryptocurrency:

 

Arweave aims to revolutionize data storage and sharing with its unique “blockweave” technology. According to the fundamental analysis of the Arweave cryptocurrency, the project receives an overall score of 7.73 out of 10. While it excels in areas like token economy, ecosystem development, and product utility, it faces challenges in social media engagement and team size.

SOCIAL & MASS MEDIA: Score 4.5 out of 10

The Arweave project is somewhat lacking in its social and mass media presence. It scored particularly low in its ability to attract followers and in community activity on social media platforms. Enhancing social media engagement could be a crucial step for the project to gain more widespread attention.

AUDIT & SECURITY: Score 7.23 out of 10

The project fares better when it comes to audit and security. It has been transparent with its audit results and public information. Its high score in liquidity on exchanges is promising and gives credence to the fundamental analysis of the Arweave cryptocurrency. However, there is always room for improvement in terms of audit rigor and security infrastructure.

TOKENOMICS: Score 8.55 out of 10

Arweave’s token economy is strong. It has a well-thought-out inflationary policy and a moderately centralized monetary mass. This robust tokenomics lends weight to the project’s potential for long-term sustainability.

ECOSYSTEM DEVELOPMENT: Score 8 out of 10

The ecosystem around Arweave appears to be thriving. The project is hitting its objectives and plans to bring new developments to further bolster its ecosystem. Consistent achievements in this area strengthen the fundamental analysis of the Arweave cryptocurrency.

TEAM & DEVELOPERS: Score 7.96 out of 10

While the experience of the team is notably strong, the project would benefit from a larger pool of software developers. Expanding the team can help accelerate the rate of innovation and implementation.

PRODUCT & UTILITY: Score 8.9 out of 10

Arweave shines brightest in its product and utility, which bodes well for its long-term viability. The tokens in the ecosystem serve clear purposes, enhancing its overall appeal.

PARTNERS & INVESTORS: Score 8.75 out of 10

With high-profile investors and quality partners, Arweave is well-positioned for future growth. These relationships are essential for gaining credibility and resources, validating the fundamental analysis of the Arweave cryptocurrency.

Fundamental analysis of the Arweave-AR cryptocurrency – The final conclusion

In light of these findings, the Arweave project presents both risks and opportunities. Its strengths in tokenomics, product utility, and security make it a promising investment. However, its weaker social media presence and limited team size pose risks that potential investors should consider. The overall fundamental analysis of the Arweave cryptocurrency suggests that while there are areas of improvement, the project has strong foundations and a bright future. Given its score of 7.73, it can be considered a moderately safe investment opportunity with room for growth.

What is Arweave-AR?

 

Introduction

Arweave is a decentralized storage network designed for the indefinite storage of data. With a native cryptocurrency, AR, it rewards miners who store information on the network. Initially named Archain, it was rebranded to Arweave and launched officially in June 2018.

Founders and Leadership

Founded by Sam Williams and William Jones, two Ph.D. candidates, the company has seen changes in its leadership structure. Williams dropped out of graduate school to focus on the venture, while Jones departed early. The company moved towards decentralized leadership by launching a Decentralized Autonomous Organization (DAO) in January 2020.

Unique Features

Central to Arweave’s mission is its “permaweb,” built on a blockchain variant called “blockweave.” This technology links new blocks not just to the previous one but also to a random earlier one, motivating miners to store more data. It introduces a unique approach to information storage, contributing to the fundamental analysis of the Arweave-AR cryptocurrency.

Financial Backing and Ecosystem

Arweave attracted significant investments, including $8.3 million in March 2020 from Andreessen Horowitz, Union Square Ventures, and Coinbase Ventures. The network has also developed “profit-sharing tokens” to encourage application development and has various programs to assist startups.

In summary, Arweave aims to revolutionize data storage by offering a permanent, decentralized solution. Its unique architecture and strong financial backing make it a subject worth following, especially for those interested in the fundamental analysis of the Arweave-AR cryptocurrency.

Fundamental analysis of the Arweave cryptocurrency

Arweave - AR performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Related projects

storj
SCORE: 6.90
RATING: Good
holo logo
SCORE: 🔒
RATING: No rating
logo iexec rlc
SCORE: 7.09
RATING: Good
SCORE: 6.78
RATING: Good
SCORE: 7.23
RATING: Good