Mainnet Launch

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.

Chainbase Releases 2024 Annual Review: Data-Driven On-Chain Intelligence Fuels the Prosperous Development of the DeFAI Ecosystem

ChainCatcher news, the full-chain data network Chainbase has released its annual summary for 2024, sharing the latest progress made in the field of data-driven on-chain intelligence. As the world's largest high-quality data infrastructure, Chainbase is committed to providing high-quality, structured, and trustworthy data for various AI frameworks and agents, accelerating the implementation of on-chain intelligence.In the third quarter of 2024, the Chainbase testnet and Chainbase AVS officially launched, supporting cooperation with over 220 EVM-compatible and non-EVM blockchains, building a broad ecosystem that provides massive data sources for well-known AI applications such as Google Gemini. It is reported that the daily data access volume of the Chainbase data network has reached 600 million, and the Ethereum staking amount of Chainbase AVS has reached 581,075 ETH.In 2024, the Chainbase community achieved leapfrog development. The Odyssey event attracted a total of 30 million wallet addresses to connect, with the number of community members exceeding 800,000 and the number of developers surpassing 30,000, forming a vibrant community of developers and users. In addition, traditional internet giants and Web3 venture capital are optimistic about the development prospects of data-driven AI, and Chainbase successfully completed a $15 million Series A financing.Looking ahead to 2025, Chainbase will continue to deepen its efforts in the data field, focusing on advancing the launch of the mainnet. Through the mainnet, Chainbase will achieve data monetization, incentivizing more users to participate in data sharing. At the same time, Chainbase will continue to optimize its technical architecture to provide more efficient and reliable data services for AI systems.
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