Arweave

Halal Rating :
Comfortable
Last Price $44.18 Last updated:
Rank 44
1D Change -3.36 %
Market Cap $2.89b
Circulating supply 65,454,185
Maximum supply 66,000,000

Crypto Overview

Categories
  • Distributed Computing
  • Filesharing
  • Storage
  • Coinbase Ventures Portfolio
  • Solana Ecosystem
  • Arrington XRP Capital Portfolio
  • Blockchain Capital Portfolio
  • a16z Portfolio
  • Multicoin Capital Portfolio
  • Web3

Welcome to the future of data storage A new data storage blockchain protocol based on a novel proof of access consensus mechanism that creates truly permanent data storage for the first time. Now data is finally permanent, low-cost, and truly censorship free. Arweave has solved the millennia old problem of decentralised data availability. Pay Once, Store Forever. Arweave makes permanent data storage a reality for the very first time. As the $3 trillion data-storage industry is growing, the need for cheap, distributed, permanent data-storage on the blockchain has become an urgent necessity.

Crypto Impact

To assign a comfort level investing in Arweave from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Arweave.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating