Permaweb

AR announced the acquisition of Odysee video content platform. For AR, the most direct benefit is that it will bring 7 million users in the future, and a large amount of video content data will be stored in AR. The demand for AR has greatly increased.

The core value of AR is storage. As long as the demand goes up, the value of AR will be higher, and the deflation will come sooner. At present, AR produces more than 400 a day and consumes more than 100 on the chain.

The current direction of AR is something that other blockchain projects dare not even think about. All content is on the chain, users own data copyright, and all Dapps on Permaweb must abide by copyright rules. Then the data has composability, once uploaded, forever saved, and available everywhere. Everything can be traded, such as apps developed by users. After setting up copyright, users can be charged or the copyright can be sold. ArConnect already supports subscription mode.

AR has unlimited capacity, unlimited tps, and permanent data storage capabilities that cannot be tampered with. It can do much more than DeFi and DAO. At present, AO+AR has huge potential. The change in production relations mentioned 7 or 8 years ago is about to become a reality with the release of permaweb1.0, accelerating the migration of traditional Internet to the web3 world.

$AR $ETH $BTC #permaweb