Arweave AO deposits exceeded $158 million in the past week

DailyNews

2024-06-20 13:47:09

AR2,37%

Jinse Finance reported that the AI application computing protocol AO, based on Arweave, attracted over $158 million in deposits within a week after its fair launch. It is reported that AO is a new protocol built on the Arweave permanent data storage layer, which can achieve parallel application operation through decentralized computing models. It also enables AI applications to run on-chain, allowing large language models (LLMs) to run within smart contracts.

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