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What is the AO token? The decentralized supercomputer of Arweave AO
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AO is a decentralized computing platform developed on the Arweave network, launching its mainnet in June 2024 after a year of testing on the testnet. The project operates in the blockchain computing sector, aiming to provide a powerful parallel computing environment that does not rely on centralized servers.
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The strength of AO lies in its ability to handle multiple tasks simultaneously, combined with the transparency and security of blockchain technology.
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AO token information
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Token name: AO
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Symbol: AO
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Blockchain: Arweave
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Standard: 21 million AO
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Token utility:
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Payment of computation fees on the AO platform
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Incentivizing nodes to participate in data processing and maintaining the network.
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The leadership team of the AO project mainly comes from the Arweave development community, led by experts such as Sam Williams – the founder of Arweave. AO is supported by large investment funds such as Andreessen Horowitz (a16z), Union Square Ventures, and Coinbase Ventures – names that have previously invested in Arweave with a total of over 22 million USD across funding rounds.
