Whitepapers
Ara Blocks
Ara Blocks
ARA
Ara Blocks Whitepaper
Published1/19/2023
Last UpdatedJanuary 2023
Page22
Verified
Ara is an open source decentralized content platform designed to reward fans for buying and hosting content directly from creators and publishers with no middle man. The platform consists of multiple layers, including an content delivery optimized P2P file system where peers are rewarded for hosting any type of digital content they purchase, a decentralized identity system, a smart contract driven rewards protocol for ensuring peers are paid for hosting content as purchases are being made, and publishing / peering of content through a locally hosted file manager. ARA is the native utility token that is used for:Purchasing content on the platform (alongside other cryptocurrencies in the future).Receiving rewards for hosting and delivering content to others wanting to consume the content.Used for governance votes to determine how network resources are allocated.

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