:ICO Name: Arcblock
:Ticker: ABT
:Public Sale Start Date: 03-Feb-2018
:White List Registration Ends: 21-Jan-2018
:Total Supply: 186,000,000
:Available for Sale: 83,700,000 (45%)
:Token Price: 1 ETH = 1900 ABT
:Minimum purchase: 0.1 ETH
:Link to Register: https://www.arcblock.io/s/Ndb2R2HpbZbN4dY (Additional 2% discount using the link)
Summary: ArcBlock is a platform and an ecosystem for building and deploying decentralized blockchain applications. It is one of the pioneer in the field of 3rd generation blockchain (ETH/NEO/XEM all 2nd generation) technology.
"Born For Blockchain 3.0 - The World's first blockchain ecosystem for building and deploying decentralized applications."
What is problem ArcBlock trying to solve?
- Scalability:
ArcBlock promises that they can handle 100,000 transaction per second which will be the same amount of the current most capable platform EOS. If ArcBlock can deliver this promise, the transaction cost will be almost-zero-fee and there is nearly no congestions in network which means instant transfer and receiving
2.Cross Chain Adaptability:
ArcBlock is not building their own blockchain rather helps developers to combine the best features across different ecosystem using their platform.
Let say Bob likes to use the Scalibility of EOS Blockchain which is the most capable one of 100k/s and Bob also likes to use feature Automatic Swap which EOS does not have but Lamden. By using ArcBlock, Bob now can takes these both features of EOS and Lamden or any other Blockchains and build those features into his applications. So this is the reason ArcBlock was born.
Positive Points:
Taking a quick look under the ArcBlock ‘hood’ would reveal industrial titans backing the project including The Linux Foundation, IBM, W3C, and IEEE.
When it comes to the crypto-sphere of blockchain technology, IBM has already backed Stellar (XLM) which managed to climb in the top 10 based on market cap in less than a year. Other projects include the INS Ecosystem, the first and largest blockchain based grocery platform that launched recently and ArcBlock, promising a stable and healthy rise based on solid international partnerships around the globe as expected.ArcBlock promises a reliable, fast and scalable platform backed by serious industrial ‘cards’ making it easy to climb the ladder in a matter of months.
- Taking Stellar (XLM) as an example, we can be very confident that ArcBlock with the help of IBM could reach the big table in a matter of months acknowledging that 2018 will the year where institutional and governmental money will flow into the ‘game’.
4.Stellar has a total supply of 103,610,058,900 XLM while ArcBlock has just 186,000,000 ABT, meaning that its price per unit could be almost ten times higher compared to XLM when ArcBlock reaches Stellar’s current market cap
Negative Points:
Only 45% of the total token supply will be available for traders, meaning that a big portion (15%+32%=47%) will be in the hands of the company and their community workers.
The Ethereum Enterprise Alliance along with its Ethereum Network is the dominant platform for most altcoins in terms of transactions. It might take some time until ArcBlock manages to generate an umbrella of companies on its own platform
Overall Verdict: Positive and has a huge potential. Get in early to the beginning
of new era (blockchain v3.0 and above).