A âpermanent Dropboxâ launches in beta on Arweave today.Â
âArweave is the only crypto thatâs claiming to be permanent data storage so thereâs no other place that I could have built this,â ArDrive founder Phil Mataras said in an interview.Â
The new file sync app lets users pay a fee once, depending on the price of Arweave tokens, and have their data (documents, photos, videos) live forever on the web, without a data cap or fear of censorship.
âWe have a good use case because everyone understands it,â Mataras said. âWhen you look at a lot of these blockchain apps, especially the new DeFi applications out there, itâs hard for people to understand let alone use.â
Arweave operates on the same idea as the recently launched decentralized file storage and content distribution network Filecoin, but with further ambitions toward a permanent and âvirtually unlimitedâ digital Library of Alexandria.Â
Read more: Arweave 2.0 Gets File Storage Project One Step Closer to Its âLibrary of Alexandriaâ Dreams
Arweave founder and CEO Sam Williams added that a permanent Dropbox is an obvious use case of the network. The difference is when you upload a piece of information on Dropbox today, its business model may change in a decade or two, so what happens to that stored data from 2020?Â
âWith ArDrive, the system never changes,â said Williams. âItâs kind of like Ethereumâs âcode is lawâ philosophy, except for web services.âÂ
At this stage, ArDrive is only for users who already hold Arweave tokens to upload their data. Mataras said in the next six months, the team is building fiat on-ramps as a way to expand ArDriveâs user base.Â
âWe want to make it really easy for anyone to swipe a credit card, buy a block and start uploading their files,â he said.Â
Mataras added that a desktop application of ArDrive for Mac, Windows and Linux will be released in December and a mobile app will follow in the first quarter of 2021.
Read more: Filecoin, But Forever: Arweave Raises $5 Million to Build Out âPermawebâ
Arweave, which launched in June 2018, currently has 260 independent apps running on the network. The protocol announced Profit Sharing Tokens this summer that allows companies on Arweave to mint their own assets. Since then, over 32 projects on the network now have their own tokens.