Cointime

Download App
iOS & Android

Alex Integrates BazAR Boosting Composability On Arweave

Validated Project

Web3 is booming, and Arweave is becoming a popular infrastructure choice for developers. PermaDAO is a community where everyone can contribute to the Arweave ecosystem. It's a place to propose and tackle tasks related to Arweave, with the support and feedback of the entire community. Join PermaDAO and help shape Web3!

Author: Adeola @ Contributor of PermaDAO

Reviewer: Xiaosong HU @ Contributor of PermaDAO


Alex Integrates BazAR Boosting Composability Alex, a decentralised archive platform has placed a collection of literary works that were mined using the platform on the atomic asset marketplace, BazAR, making it the second project to integrate BazAR after Fair Protocol and a win for composable data on Arweave.

The collection named ‘Public Domain Literary Fiction’ was mined on Alex through tradeable artifact sponsorships. Anyone can contribute to the archiving of artifacts by depositing some Arweave tokens into pools. The artifacts are deployed to Arweave as assets and distributed to the contributors who support the pool.

On Alex, artifacts are permanently stored digital content that can be documents, books, images, audio or video. A pool is a topic, event or idea that can be digitally and publicly archived.

The ‘Public Domain Literary Fiction’ is for lovers of fiction stories. In May 2023, Alex launched the Public Domain History Books for those who love history books.

With the integration with BazAR artifacts sponsors will be able to create collections and trade sponsorships on the marketplace. Also, contributors can earn $U for listing artifact sponsorship on BazAR and pool operators who archive artifacts can earn $AR for maintaining a pool.

“This integration also shows the countless possibilities for using composable data on the permaweb. With over 6 million artifacts mined onto Arweave from our platform, we aim to provide open and usable data that can be integrated into permaweb apps,” Alex stated.

BazAR is an application that leverages Universal Content Marketplace (UCM) and Unversal Data Licence. UCM was created to allow easy and decentralised trading of digital assets on the permaweb. It removes intermediaries and centralised entities from the process of trading or sharing atomic assets. With UDL, creators can embed in their assets terms of use including duration and condition of use, cost and currency.

“Preserve cultural artifacts by sponsoring storage costs on Arweave and then trade those artifact sponsorship on our platform,” BazAR said adding that “This is the future of digital archiving.”

The integration is welcomed by the ecosystem. David Kong, who does technical communications at Forward Research said the integration was good for composability.

“Content from on dApp, seamlessly experienced in a different way on other dApps. All of it done permissionlessly on Arweave,” he said.

Sam Williams, CEO of Forward Research said the collection on BazAR is a real world example of a paradigm-shifting feature of Arweave: data composability. Assets from one app seamlessly move and integrate into all others.

“This has been a goal for our team for some time now, to interact with composable data across multiple applications. So excited to get this fully shipped, let's keep building,” said Nick Juliano, developer at Alex and BazAR.


  🔗 More about PermaDAO :Website | Twitter | Telegram | Discord | Medium | Youtube

Comments

All Comments

Recommended for you

  • BTC Surpasses $82,000

    Market data shows that BTC has surpassed $82,000, currently priced at $82,038.65, with a 24-hour increase of 0.31%. The market is experiencing significant volatility, so please ensure proper risk management.

  • ETH Surpasses $2400

    Market data shows that ETH has surpassed $2400, currently priced at $2400.26, with a 24-hour decline of 1.33%. The market is experiencing significant volatility, so please ensure proper risk management.

  • BTC Surpasses $81,000

    Market data shows that BTC has surpassed $81,000, currently priced at $81,016.34, with a 24-hour decline of 1.53%. The market is experiencing significant volatility, so please ensure proper risk management.

  • BTC Falls Below $80,000

    Market data shows that BTC has fallen below $80,000, currently priced at $79,940.09, with a 24-hour decline of 3.44%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Philadelphia Semiconductor Index Set to Lose Over $2 Trillion in Market Value in Seven Trading Days

    The Philadelphia Semiconductor Index is poised to evaporate over $2 trillion in market value within seven trading days.

  • Philadelphia Semiconductor Index Drops 4% to Lowest Level in Nearly a Month

    The Philadelphia Semiconductor Index fell by 4.01% during the day, currently reported at 11,215.37 points. Nvidia dropped by 3.25%, Broadcom fell by 2.87%, Micron decreased by 5.79%, Intel declined by 5.81%, AMD dropped by 6.28%, Qualcomm rose by 0.66%, TSMC fell by 4.37%, and ASML decreased by 3.34%.

  • Philadelphia Semiconductor Index Falls 4% to Lowest Level in Nearly a Month

    The Philadelphia Semiconductor Index dropped 4.01% during the day, currently reported at 11,215.37 points. Nvidia fell by 3.25%, Broadcom by 2.87%, Micron by 5.79%, Intel by 5.81%, AMD by 6.28%, Qualcomm rose by 0.66%, TSMC fell by 4.37%, and ASML dropped by 3.34%.

  • Ripple Prime Launches Perpetual Contract Trading Services for Institutional Clients

    According to Bloomberg, Ripple's main brokerage division, Ripple Prime, is launching perpetual contracts for real-world assets (RWA) aimed at institutional clients, covering over 100 reference markets including stocks, indices, ETFs, and commodities. This product is offered through Trade.xyz on Hyperliquid, continuing Ripple Prime's previous initiative to provide clients with access to cryptocurrency perpetual contract trading.

  • NYC Comptroller Urges Anthropic to Pause IPO Plans

    On October 15, New York City Comptroller Mark Levine stated in an interview that he has written to Anthropic CEO Dario Amodei, urging the company to suspend its planned initial public offering (IPO). In the letter, he called for Anthropic to pause its IPO plans until it can fully and transparently address concerns related to AI safety, governance, and development that the company itself has raised. Levine wrote that the company should focus on mitigating these risks rather than advancing the IPO. Currently, New York City has an investment exposure of less than $10 million in Anthropic through the private market.

  • US September PPI Rises 6.3% Year-on-Year, Exceeding Market Expectations

    The US Producer Price Index (PPI) for September recorded a year-on-year increase of 6.3%, the highest since May 2026, surpassing market expectations of 5.3%. The month-on-month PPI for September was reported at 1.3%, significantly higher than the market forecast of 0.5%. Additionally, US retail sales for September showed a month-on-month increase of 0.8%, also exceeding market expectations.