Arweave says its new profit-sharing token scheme makes it possible to run 'inverse' ICOs

Quick Take

  • Arweave, a platform for decentralized web services, is launching a new “profit-sharing token” scheme designed to help developers cash in on the ownerless applications they build
  • Developers will be able to add a system that sends small tips whenever a user generates a transaction, and the tip money can be distributed proportionately according to ownership stakes

Arweave, a platform for decentralized web services, is launching a new token scheme designed to help developers cash in on the ownerless applications they build.

Based on a “blockchain-like” data structure called “the blockweave," the platform features a