$107,776.00
1.97%$2,543.64
1.43%$2.26
0.28%$656.69
0.89%$155.54
4.01%$0.999788
-0.00%$0.185327
1.09%$0.282572
-1.00%$0.673552
1.05%$2,542.04
1.33%$107,766.00
2.13%$36.79
4.00%$3.32
3.82%$3,065.36
1.57%$13.93
1.53%$20.92
2.05%$9.14
-0.58%$419.56
1.03%$0.267302
-1.22%$3.22
2.36%$0.0000127
1.44%$0.171448
1.43%$0.999688
-0.02%$89.41
2.41%$2,541.53
1.31%$2,718.99
1.37%$4.03
-0.23%$330.79
1.51%$1.001
0.11%$1.00
-0.03%$4.70
0.93%$0.00001199
4.09%$107,749.00
1.86%$0.631818
0.04%$31.42
0.18%$260.65
2.99%$6.52
3.23%$408.06
8.30%$1.18
-0.10%$5.95
10.98%$52.66
1.54%$2.46
2.19%$4.78
1.67%$0.099189
1.93%$1.00
0.00%$187.99
4.07%$0.846885
2.51%$17.01
0.34%$1.054
0.00%$30.23
-3.37%$0.086699
0.55%$18.19
-0.79%$0.652033
0.89%$1.001
0.12%$10.62
2.78%$0.02422128
0.13%$0.789534
4.94%$3.97
3.39%$0.33063
5.83%$4.32
1.56%$107,525.00
2.26%$0.213062
1.41%$4.40
0.05%$1.13
2.28%$118.82
3.39%$0.350002
1.84%$2.52
0.75%$0.193766
1.98%$0.075511
3.42%$0.999645
0.10%$2,544.94
1.51%$4.47
1.75%$0.999909
0.03%$1.001
0.13%$11.16
0.77%$0.46893
3.48%$2.05
1.85%$164.19
4.16%$13.49
0.62%$1.35
14.42%$0.00001628
5.18%$1.91
6.66%$1.24
1.44%$0.01819798
2.10%$0.383477
2.14%$2,891.67
1.33%$4.05
0.87%$1.11
10.97%$2,658.20
1.37%$0.619421
0.69%$1.00
0.01%$0.19108
1.07%$0.661562
0.67%$0.999383
-0.02%$1.001
0.06%$0.061398
2.93%$107,433.00
1.94%$0.525755
0.24%$2,709.34
1.15%$0.925743
8.47%$0.580809
0.32%$0.6668
1.62%$2,662.34
1.34%$0.094104
2.94%$656.98
0.95%$107,533.00
1.88%$2,677.33
1.65%$107,271.00
1.13%$0.00008529
3.13%$3,325.42
0.14%$50.21
-0.68%$173.32
4.00%$3,337.70
-0.08%$0.131363
22.66%$0.766139
1.33%$2.35
1.85%$201.84
3.89%$0.831981
2.19%$0.01659293
2.08%$0.182769
0.84%$0.01438058
1.79%$2.40
11.84%$1.11
0.02%$20.90
0.55%$111.34
0.00%$0.0000007
1.37%$0.280497
1.48%$0.509268
4.07%$0.11926
2.30%$4.15
3.51%$0.999966
0.02%$33.49
1.54%$0.01031067
2.94%$106,921.00
1.77%$1.87
1.95%$1.56
10.41%$0.997372
-0.00%$0.62396
1.94%$2.01
-0.07%$0.574244
0.61%$0.228915
11.32%$1.68
3.15%$1.096
0.06%$0.368985
1.20%$2.02
-3.79%$2,541.72
1.28%$0.999427
-0.02%$0.714861
0.62%$2,543.27
1.41%$2.99
0.49%$0.542576
3.53%$36.70
3.38%$0.282005
0.34%$107,693.00
2.25%$2,711.00
1.21%$0.05227
-0.68%$2,602.63
-0.48%$107,660.00
2.46%$8.88
-18.45%$2,540.65
1.27%$2,746.52
1.35%$0.999016
0.03%$0.01455326
1.88%$0.45474
2.67%$0.185381
1.18%$0.00454932
4.25%$1.48
5.68%$0.135033
2.14%$0.06295
0.08%$0.999745
-0.00%$0.0486162
-0.58%$1.001
0.05%$0.00002181
1.12%$15.30
0.98%$0.519885
2.61%$6.56
4.39%$0.399819
-0.75%$6.04
0.46%$103,731.00
0.35%$0.540343
0.85%$0.083223
2.23%$0.578178
0.21%$46.37
1.33%$0.00000042
-0.33%$2,540.66
1.38%$0.350113
6.34%$1.69
3.66%$1.089
0.00%$0.998712
0.04%$36.63
3.57%$36.90
-0.56%$1.43
3.71%$0.00691346
1.92%$1.21
5.23%$0.154626
7.33%$2.43
0.88%$0.00425938
4.64%$0.999803
-0.06%$2,699.30
1.47%$0.150423
1.50%$0.999859
-0.23%$0.0193026
-1.08%$0.377026
5.89%$0.0383383
1.37%$0.363787
-0.91%$0.00448981
-4.04%$0.00000092
7.07%$0.546225
0.76%$1.29
1.86%$2,803.23
1.46%$107,698.00
1.96%$0.074206
2.40%$0.00644849
3.25%$106,869.00
1.54%$2,773.83
1.32%$0.03369175
-2.18%$0.796237
-0.80%$0.00392136
0.32%$0.00006014
1.47%$20.90
2.04%$169.25
4.20%$2,542.13
1.34%$19.54
1.03%$0.213114
1.40%$121.05
0.58%$7.69
-4.78%$0.999229
-0.02%$1.00
0.09%$0.32937
0.43%$0.686767
7.83%$2,545.42
1.57%$0.124175
-2.21%$0.661354
-1.45%$0.00427026
5.57%$0.304307
0.03%$0.00000145
2.56%$2.43
3.41%$0.999742
0.01%$0.00325167
4.42%$0.204906
0.56%$0.477863
1.60%$107,134.00
1.38%$1.001
-0.81%$25.30
2.08%$2,163.31
1.87%$1.016
-0.11%$16.22
0.43%$0.269373
5.48%Reading
Arweave’s native AR token has mounted an impressive rally over the past few hours, rising from $20.24 to its current price of $24.78, according to Nomics.
Even more impressive has been the token’s 66% rise over the past week.
Part of this run can be attributed to the growing non-fungible token (NFT) ecosystem on the Solana blockchain too. An NFT is a blockchain-based digital certificate that gives the holder unique ownership rights over the content in that NFT, be it art, music, or concert tickets.
This is because Arweave’s technology underpins some of the most popular Solana-based NFTs, including Degen Ape Academy, Sollamas, and SolanaDoges. Though activity on Arweave has steadily been increasing, there has been a clear spike in the past few weeks.
On August 15, amid the launch of Degen Ape Academy, Arweave founder Sam Williams said that his team was “increasing the rate limit 2.5x” to make room for the influx of users.
And as the AR token is the currency needed to pay for such storage, its latest price action reflects this demand.
Unlike leading cryptocurrencies in Bitcoin and Ethereum, or DeFi’s attractive blue-chip tokens, Arweave is tackling a much less sexy challenge: Permanent metadata storage. Like its peers in Filecoin and the InterPlanetary File System (IPFS), Arweave is looking to decentralize the data storage monopoly that Google and Amazon currently enjoy.
This is because data stored with large tech companies can be lost, corrupt, or simply inaccessible to the owners. When Google’s servers go down, for instance, any data stored on those machines also becomes unavailable.
These days, this particular service has become critical during the latest NFT boom.
Here’s why.
The proof-of-stake cryptocurrency Solana enjoyed a hefty boost during the popular music festival after it was advertised prominently during the opening day of the Lollapalooza music festival. Day one of the three-day festival kicked off yesterday with a bang. Headline acts included Miley Cyrus, Playboi Carti, Steve Aoki—and Solana. That’s because the crypto project has sponsored one of the Lollapalooza stages. Videos posted on social media reveal a Solana “pool float” and a large banner advert...
When NFTs are minted, whether it's a piece of music, a cartoon penguin, or an in-game reward, its metadata must be stored somewhere. Metadata in this case could be anything from the actual content of the NFT or its underlying code. And sometimes, this data is stored on a centralized server.
6/ NFT media of any size is stored permanently on @ArweaveTeam. Metaplex-minted NFTs are created forever and immutable, made possible by Arweave’s perpetual storage. This solves a major issue facing the long-term viability of NFTs.
— Metaplex (@metaplex) July 31, 2021
Naturally, this storage choice becomes problematic if the server crashes or goes offline. That six-figure CryptoKitties you bought back in 2017 becomes immediately less valuable. Herein lies one of the value propositions of Arweave, Filecoin, and IPFS.
Even metadata from NFTs can be stored on-chain, rendering the content as immutable as the underlying blockchain.
Blockchain-powered mobile soccer game FIFA Rivals will release on June 12 on both iOS and Android, Mythical Games announced Friday, revealing a multi-year licensing agreement with sportswear giant Adidas in the process. The team-up will integrate Adidas products throughout FIFA Rivals, including digital kits, jerseys, and shoe releases that draw from the brand's soccer heritage. Players will have access to exclusive in-game items and experiences designed around Adidas branding. "FIFA Rivals is a...
While crypto gaming has long been seen as a key use for blockchain, letting gamers really own and freely trade their unique items and perhaps profit from a game's success, developers are struggling to sustain their games and digital economies. Some games, like Gunzilla Games’ Off the Grid, have punched through to a broader audience, gaining adoption from top streamers and gamers alike—albeit ahead of full blockchain integration. But many other games and studios building with tokens are strugglin...
Yuga Labs is serious about refocusing on the Bored Ape Yacht Club, the Otherside metaverse game, and related projects. On Friday, the crypto startup said that it had sold off yet another previously acquired NFT project IP, dumping the Moonbirds property that it purchased just over a year ago. The buyer is Orange Cap Games, a young gaming startup that builds digital and physical trading card games. The firm's first game, the Pudgy Penguins-themed Vibes TCG, launched on Ethereum layer-2 network Ab...
