I need to conclusion the review about Arweave in one page.
Details
Token Symbol: AR
Crowdsale Token Price: $0.75
Hard Cap: $8,700,000
What is Arweave?
Arweave is a data storage blockchain protocol that provides high-throughput, low-cost, permanent on-chain data storage solutions. Have an MVP and launch a Mainnet in June.
Conclusion from Another Review
From Ivan Georgiev
"Arweave has been on my radar for some time now and I like the project. The team members lack working experience and most of them are fresh graduates from Kent University, which itself is definitely not a top tier university. However, analyzing an ICO is finding the right balance between many different and dynamic factors. I do like the idea and I think it will definitely find a good use case. Despite the team’s resume is not impressive itself, they have an active Github with good documentation and notes how to use it. The project is in a real development process and the mainnet launch is expected in a few short weeks- 8th of June (testnet has been out for 7 months). On top of that –we have good set of advisors, Techstars and Charité are on board as investors and/or partners and all of this speaks for the project’s qualities, plus it provides a use case for the platform. For all this-I give the team credit for being able to deliver. Worth mentioning is the hardcap of 8.7 million USD, which is really low in the ICO world, especially given the deep development stage they are in. Competition is getting bigger in the data storage space - we have Storj, Filecoin, Siacoin, Lightstreams recently and Bluzelle (database storage). All of these projects managed to create buzz around them and the ones listed are doing well compared to their ICO price. Key here is to think whether Arweave stands out somehow from the rest and they do have some innovations in place like the proof of access mechanism and the permanent storage feature."
source : https://medium.com/@kurrkabin/arweave-ico-review-11ffc86c662d
From Cryptocalibur
"Arweave is definitely a project that can have a good use case in the real world. Although the team might not look impressive based on their resumes, they showcase an active Github. The project is in advanced stages of development with the main net only few weeks away. However, we believe the team might have to focus more on marketing their product to the masses and to develop some key partnerships in the space as the competition is fierce. The community’s response towards the main net launch will be a crucial factor in determining the future of this project. For now we do believe Arweave is a great investment opportunity considering their relatively low hard cap and the demand showcased from investors and cryptocurrency outlets."
source : https://cryptocalibur.com/arweave-ico-review/
My Conclusion
- After I talk and see the community in telegram. I think I will change my plan to HODL the token. I plan to store token at least 1 year. I love the project about data storage because I have to lost my data, My computer drop from the desk and a hard disk gone. This is a good project for long term.