I see many people bullish on #Arweave. However, network stats currently have a hard time supporting the current valuation. Am I missing something ? Simple Analysis👉 Would appreciate feedback too 🙂
Cost for 1GB is below 7USD and 1TB is 884 AR i.e. 6842 USD right now
Let's take an average of 1.4TB stored each week
So that would be 500k of $AR that would be needed for people that need storage. Which we can consider as the sales p.a. everything being equal
Of course in the future market for data is expected to increase
Arweave has little to no inflation and demand is expected to grow. But does it warrant a price to sales of 1000 based on current figures ?
I know that @MessariCrypto Enterprise produced an analysis on Arweave valuation. Would be interested to have some feedback from community on what is missing in my assessment
We of course have a premium hopium to factor in and technical analysis is a big part of price formation these days. But from a pure financial analysis, AR seems overvalued. Any thoughts ?

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