The Arweave computing platform AO mainnet has launched and introduced its native token, of which 36% will be allocated to AR holders
ChainCatcher news, after a year of testing phase, the decentralized storage project Arweave has officially launched the mainnet version of its computing platform AO. The native tokens that were minted and distributed to AR holders and testnet depositors will be transferable after the mainnet goes live.According to reports, AO is referred to by its developers as a "hyperparallel computer," introducing a distributed computing environment with parallel processing capabilities. Arweave's permanent data storage supports the operation of AO, ensuring that data is immutable and permanently accessible.AO is expected to contribute to the Arweave ecosystem by driving demand for Arweave's storage services. According to core developers, AO will support a new wave of DApps, including on-chain autonomous agents focused on AI coordination.The launch of the AO mainnet comes with the final release of its native token, which is separate from Arweave's AR token. The maximum supply cap for the AO token is 21 million, echoing the model of Bitcoin. The AO team stated that it has adopted a fair distribution model, distributing tokens to users who bridge assets to the platform and existing AR token holders. Based on holdings, 36% will be allocated to AR holders over time, while the remaining 64% is reserved for economic growth incentives, particularly for bridging assets into AO, including rewards for users depositing assets like DAI and stETH into the AO ecosystem. Prior to the launch, over $700 million had already been pre-bridged to the AO testnet.