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Arweave is introducing a new token, $AO, with a fair launch approach, avoiding pre-mine or pre-sales. The token will be minted through various methods. AO will create demand for Arweave and serve as a platform for app development. A 'supercomputer' on Arweave, AO, is set for a fair launch on June 13, aiming to enhance the fair launch concept. AO operates on Arweave, allowing parallel application runs with local state maintenance, diverging from a shared global state model.
AO is a new protocol built on top of the permanent data storage layer, Arweave. One of AO’s core benefits is its ability to run applications in parallel and maintain the associated state locally instead of requiring a shared global state. Read more 👇 https://t.co/8mcUgnjoC6
I will say would be big if AO coin goes well to spur on the fair launch meta Now ofc AO had benefit in Arweave team had the AR token they could offload early on to provide funding for the team but regardless at least incentivize ppl to get more creative
AO ‘supercomputer on @ArweaveEco' blockchain fair launch set for June 13 https://t.co/NlCk9Stbkz
