Working Towards Permanent Information Storage with Sam Williams, CEO and Co-founder of Arweave - Ep. 30
Manage episode 288833123 series 2595584
In this episode, Bobby Ong, co-founder of CoinGecko is joined by Sam Williams, CEO and co-founder of Arweave. Bobby interviewed Sam on the background of Arweave, its AR drive, its AR token and the use cases, as well as Arweave’s plans.
[00:01:04] What is Arweave?
[00:09:40] What happens if the AR token price falls?
[00:10:34] Differences between Arweave and the other decentralized storage solutions?
[00:12:27] Where does the idea to build a permanent storage solution come from?
[00:20:43] Use cases for Arweave
[00:26:28] Can private information be stored on Arweave?
[00:30:55] Profit sharing communities
[00:34:20] Tokenomics behind the AR token
[00:39:56] Upcoming plans for Arweave
Quotes from the episode:
“So being able to, for example, commit a blogpost and know that that blogpost, your ideas, your writing can be perpetuated literally far, far past your death, like far into the future... That's a pretty cool thing to be able to do for like 0.40 cents per megabyte.” [00:17:09]
“One day someone is going to turn that off and then eventually your NFT is going to be worthless. That's crazy. It doesn't need to be this way. Just do it on Arweave and then it's there forever.” [00:21:15]
“The idea is that with Arweave, because you can start smart contracts from the tags associated, where they file. Then now you can associate the contract of an NFT directly with the file of NFT in one thing, and then refer to them by the same transaction ID.” [00:33:16]
Arweave - https://www.arweave.org/
CoinGecko - https://www.coingecko.com/
Arweave (AR) - https://www.coingecko.com/en/coins/arweave