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2024-06-04

Arweave Weekly Highlights Week 22 | $AO to Unveil Brand New Tokenomics Model, AO Testnet Surpasses 100 Million Messages, 0rbit Launches New POST Feature

Author: Kyle

Translator: Kyle

Reviewer: Tina XU

Source: Content Guild Translation


Data from Arweave Network Last Week:

Arweave mainnet has completed a total of 172,825,117 transactions, with 1.68 TiB storage achieved in the past week.

Storage fee for this week stands at 0.748 AR/GiB, block reward at 3,343 AR, and endowment increased by 1,146.43 AR.

PermaDAO Incentive Distribution:

PermaDAO distributed a total of 92.95 $AR (equivalent to 4526.34 USDC) as contribution incentives last week.

Summary of Weekly News

🔥 AO unveiled a brand new tokenomics model.

🔥 The AO Testnet has sent over 100 million messages.

🔥 0rbit announced POST Request is live.

🔥 AO Web Wallet introduced the new v0.4.0 version.

🔥 AOX is transitioning from single signature to multi-signature scheme.

🔥 Apus Network introduced Trustless GPU technology, enabling trusted AI on AO.

🧵 Oara (Beta) is now live.

🧵 ArConnect reached 40,000 users.

🧵 ArConnect released a subscription management integration solution.

🧵 RedStone announced collaboration with Cod3x.

🧵 RedStone announced collaboration with Merlin Chain, providing price feed services.

🧵 Permaswap's Season 2 liquidity mining event concluded, distributing 30,000 $HALO rewards.

🧵 everPay's Everloot #3 event concluded with 1909 eligible addresses for airdrop.

🧵 Permaverse made significant optimizations to the Pet or Rekt game.

🧵 Arweave Philippines community held the fourth and fifth sections of development tutorials.

🧵 ArConnect is ready to support $AO.

🧵 ao Ventures hosted the sixth and seventh keynote speeches.

🧵 Pace Studio partnered with ao Ventures to support ecosystem startups.

Network & Project Progress

  1. $AO to unveil a brand new tokenomics model.

    • $AO will have a 100% fair launch with no pre-mine, pre-sale, or priority access. The total supply will be 21 million, halving every four years.

    • Genesis block launch time is June 13th, 23:00 Beijing time.

    • $AO tokens will be acquired through bridging with AO, holding $AR tokens, or participating in building the AO network.

    • A new non-profit organization will be responsible for the issuance and management of $AO based on the mentioned mechanisms.

    https://x.com/aoTheComputer/status/1796174735581315481

  2. The AO Testnet has sent over 100 million messages, reaching 125 million messages as of today (May 2nd)!

    https://x.com/aoTheComputer/status/1795163804814242212

  3. everPay's Everloot #3 event concluded, with 1909 eligible addresses for airdrop.

    • These 1909 addresses will share 10,000 $TAOX, receiving 5.24 $TAOX per address.

    https://x.com/EverVisionLabs/status/1794978219382214749

  4. Permaverse made significant optimizations to the Pet or Rekt game.

    • Optimizations include relocating the chat room to the main interface, real-time shared day-night system, and in-game interface enhancements.

    https://x.com/ThePermaverse/status/1794839333037347133

  5. ao Ventures hosted the sixth and seventh keynote speeches.

    https://x.com/aoTheVentures/status/1794965476818248055

  6. Oara (Beta) is now live.

    • Oara is recruiting KOLs, media, and sponsor partners.

    https://x.com/Oara_network/status/1795119177109299374

  7. AOX is transitioning from single signature to multi-signature scheme based on everPay's matured cross-chain technology.

    • AOX will have cross-chain nodes as CUs in the AO network, where future CUs will need to stake $AO tokens, and misconduct will be penalized. Additionally, AOX cross-chain nodes will also need to stake $AOX for increased security.

    https://x.com/aox_xyz/status/1795446935131754609

  8. ArConnect is ready to support $AO.

    • $AO will be supported in ArConnect after the genesis day.

    https://x.com/arconnectio/status/1796201851643113486

  9. Apus Network introduced Trustless GPU technology, providing a solution for trusted AI on AO.

    • Inspired by Sam, Apus Network combines the Trustless GPU solution with Arweave's decentralized storage and AO's hyper-parallel computing to achieve verifiable and trusted AI inference results, paving the way for building more reliable and transparent AI applications.

    • aos-llama constructs AOS images by using the llama2.c inference engine, offering Lua interface to load Llama models from Arweave, and providing conversion tools and a comprehensive toolkit for efficient AI inference on AO.

    • Trustless AI refers to trustworthy AI inference results without relying on central authorities or intermediaries, and Apus Network's Trustless GPU network ensures GPU integrity, AI model trustworthiness, and verifiability of inference results through AO’s hyper-parallel computing, providing a solution for trusted AI on AO.

    https://x.com/apus_network/status/1796220173361557954

  10. AO Web Wallet introduced the new v0.4.0 version.

    • Version v0.4.0 includes features such as a mobile user interface, real-time monitoring, address QR code generation, and QR code scanning to make it easier for users to manage their cryptocurrency.

    https://x.com/aoWebWallet/status/1796489365335773188

  11. ArConnect released a subscription management integration solution.

    • ArConnect provides comprehensive API and SDK to help applications simplify subscription management.

    • Key features include flexible subscription models, custom quotas, auto-renewal options, and payment history notifications.

    • The solution, audited by Open Security, is suitable for various applications such as SaaS platforms, content media, gaming, and e-commerce, aiming to enhance user experience and business growth.

    https://x.com/arconnectio/status/1796224385327792335

  12. Arweave Philippines Community Hosted the Fourth and Fifth Sections of Development Tutorials.

    • The instructional mentor was Patrick Skinner, Chief Developer at Forward Research.

    • Both sessions focused on teaching how to build smart contracts on Arweave via AO using JavaScript.

    https://x.com/arweaveph/status/1796723062832042158

  13. 0rbit announced POST Request is live.

    • The POST feature enhances 0rbit's flexibility in acquiring internet data.

    • Users can send data bodies and URLs through 0rbit to make internet POST requests and receive response results.

    • Each request incurs a fee of 1 $0RBT to ensure network sustainability, prevent spam requests, and incentivize node operators.

    https://x.com/0rbitco/status/1796949835939192897

  14. Permaswap concluded its season 2 liquidity mining event, distributing 30,000 $HALO in Rewards.

    • A total of 75 participating users qualified for reward eligibility.

    • The first-place winner received 10,254 $HALO, the second-place winner received 3,042 $HALO, and the third-place winner received 2,031 $HALO.

    https://x.com/Permaswap/status/1797011364533133616

  15. ArConnect's user base reached 40,000.

    https://x.com/TateBerenbaum/status/1796878951538724888

Project Collaborations & Integrations

  1. RedStone announced collaboration with Cod3x.

    • Cod3x is a tool that simplifies blockchain and DeFi for easy access. It utilizes lightweight AI agent networks to interpret user commands, build transactions, and manage queries.

    https://x.com/redstone_defi/status/1795535724965695842

  2. Pace Studio partnered with ao Ventures to support ecosystem startups.

    • ao Ventures is selecting startup projects eligible for demo day, creating funding opportunities for them.

    • Pace Studio will be responsible for designing pitch decks for these startup teams.

    https://x.com/PaceStudioCo/status/1795509141508682226

  3. RedStone announced collaboration with Merlin Chain, providing price feed services.

    • Merlin Chain is a Bitcoin L2 solution that combines ZK-Rollup technology, a decentralized oracle network, data availability, and on-chain BTC anti-fraud mechanisms.

    • RedStone provides price feed services for assets like $BTC, $MERL, and $solvBTC using a push and pull model.

    https://x.com/redstone_defi/status/1796179848408219998

Ecosystem Education

  1. Only Arweave tweet—"Onchain Transaction Agent Could Become a Huge Narrative for Arweave and AO".

    • Autonomous Finance has released an on-chain transaction agent, fully running on-chain, deployable, and owned by users.

    • Autonomous Finance is expanding agent capabilities, exploring multi-agent collaboration, and bringing more possibilities for on-chain traders.

    https://x.com/onlyarweave/status/1795455061406920748

  2. Messari published an AO report—"Arweave, AO, and AI—A Modular Framework with Flexible Security".

    • AO is a new protocol built on top of the permanent data storage layer, Arweave, which will increase demand for Arweave.

    • AO owns modular architecture, separating consensus mechanism from computation, allowing developers to enhance application security and computational power.

    • AO creates a market for computing providers and applications, ensuring fair resource allocation.

    • AO is VM-agnostic, suitable for deploying compute-intensive applications, especially AI and LLM.

    https://x.com/MessariCrypto/status/1796271115825778894


🏆 Spot typos, grammatical errors, or inaccuracies in this article? Report and Earn !

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