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Arweave Acquires Decentralized Web3 YouTube Alternative Odysee, Aims to Replace Twitter
Jun 6, 2024, 03:45 PM
Arweave has acquired the decentralized YouTube alternative Odysee, a Web3 and crypto social media platform. The acquisition aims to enhance Odysee's mission of providing a censorship-resistant platform, with Arweave's technology offering true decentralization. Forward Research, which facilitated the acquisition, expressed excitement about the potential to build a mainstream ecosystem that addresses both user and creator needs. Despite some content concerns, this move is seen as a significant step towards creating a robust, decentralized social media ecosystem. The ultimate goal, according to Arweave, is to replace Twitter. AO will also contribute to this mission.
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