The post Long-awaited Altcoin Launches Mainnet, Releases Tokens appeared on BitcoinEthereumNews.com.

Decentralized storage network Arweave has officially launched the mainnet for its computing platform AO after a year-long testnet phase. The release makes native AO tokens transferable and marks a major milestone for the project. Described by its developers as a “hyperparallel computer,” AO offers a distributed computing environment designed for parallelized processing. The platform leverages Arweave’s persistent data storage to provide immutable and permanently accessible data, forming the basis of AO’s on-chain computations. “Arweave’s decentralized data layer enables efficient scaling of AO’s shared message ledger, ensuring the long-term availability and integrity of AO’s on-chain computations,” Arweave founder Sam Williams said in a statement. Beyond its role in decentralized computing, AO is expected to increase demand for Arweave’s storage services. The platform will support the next generation of decentralized applications (dApps), including autonomous AI-driven agents. The AO mainnet launch also completes the launch of Arweave’s native token, AO, which is distinct from the AR token. The total AO supply is capped at 21 million, reflecting Bitcoin’s rarity model. The project has opted for a fair launch distribution model, allocating tokens to users who bridge assets to the platform and existing AR holders. Specifically, 36% of the AO supply will be distributed to AR holders over time, while the remaining 64% is set aside for economic growth incentives, including rewards for users who deposit assets such as DAI and stETH into the AO ecosystem. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/long-awaited-altcoin-launches-mainnet-releases-tokens/

---

Filed under: News - @ February 9, 2025 8:18 pm