ArcBlock: The new generation of Blockchain 3.0
WhitePaper: Click here
ArcBlock is currently the world's only blockchain ecosystem for building and deploying decentralized applications. It aims to make blockchain applications more user friendly to give developers more freedom and time to do their work.
Introducing ArcBlock
ArcBlock is an ecosystem and a platform for building and deploying decentralized blockchain
applications. The platform exceeds providing the necessary foundational components for using
blockchain to power complex business rules. It connects the existing system to blockchain networks, enabling automated business processes using the data and identities associated with existing systems. It combines blockchain technology with Cloud Computing. ArcBlock’s primary goal is to remove the barriers that are slowing blockchain adoption among the general public.
ArcBlock is coming at the right time to fix the right problems that we are increasingly facing in today's blockchain sphere. Here's an overview of the issues that this novel crypto currency is going to tackle:
• Overall Cost
• Inferior Performance
• Not consumer oriented
• Platform lock-in
• Shortage of Features
ArcBlock eliminates these problems with its new design. In contrast to APIs or standalone software packages, ArcBlock is a platform service.
ArcBlock compared to current Blockchains
Public Sale and Token Distribution
Arcblock's public sale will begin on February 3rd, 2018, 7pm CST. The registration for the Sale event ends on January 28th at the same time. Something that is noteworthy is that there will be no inflation and that all the tokens are pre-minted with no mining required. Additionally the budget for Marketing & Partner support is relatively low compared to that of many others in this sphere. I personally see this as an advantage because it shows that the main focus of the ArcBlock is to really revolutionize Blockchain and move the entire industry forward. How many Tokens will be available and distributed is illustrated by the graphic below:
Details for ICO
Private sale | KYC required
Private sale hardcap: 25000 ETH
1 ETH = 2052 ABT (minimum 100 ETH, 1000 ETH)
The Private sale application has closed and review is in progress.
Public sale | KYC required
Public sale hardcap: 12500 ETH + 6M CMT
1 ETH = 1900 ABT (minimum 0.1 ETH, 50 ETH)
1 CMT = ? ABT (minimum 200 CMT, 150000 CMT)
(CMT/ABT rate will be locked before the public sale)
The public token sale event will begin on
February 3, 2018, at 7pm CST and end on Feb 10, 2018
The detailed Roadmap for ArcBlock's next 5 years looks quite promising with clear goals and benchmarks. The plan laid out is realistic and efficient without any over the top predictions for the coming years. These graphics shows what the ArcBlock team has in mind for the future:
ArcBlock Team
ArcBlock not only has a revolutionary goal and contribution but also has an impressive line-up for its team, advisors and investors as well as its partners. The team members are experts in their field and all have direct links to their LinkedIn profiles to immediately dispel any doubts.
It is only natural that anyone on the forefront of new Blockchain technology has a certain amount of expertise as well as some investors and partners. However, ArcBlock is clearly in a different league. The credentials of the people involved are impressive but most importantly show that this venture is not an ill prepared "pump-and-dump" adventure that leaves buyers and investors flat and broke on their face two days after the ICO. The team has several advisors that founded blockchains and crypto currencies themselves as well as high ranking people from well known companies like Microsoft and Expedia.
Advisors and Investors
Partners
Conclusion
Overall I believe that ArcBlock is a great opportunity for both investors and people who want to be on the forefront of real innovation and breakthroughs in this industry. The potential ROI once the ICO is completed is impressive and has gotten great ratings from several experts. However with ArcBlock quick profits is not the only thing to look forward to since this team along with investors and advisors have geared up for the long run. Innovation, development and quality are the core values at ArcBlock. I can only recommend everyone to check out ArcBlock's website and White Paper to confirm for yourselves.
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