Hey guys, It's been an exciting weekend in the Crypto World. New All Time Highs are being seen on many coins/tokens as well as the Total Market Capitalization almost hitting $160 Billion. Hopefully you were able to buy low before many of the cryptos shot up. In this post I am going to discuss one of the cryptos that I am personally invested in and one that I think has great potential in the future (unprofessional opinion). The crypto is Ark. Lets get to it...
Ark is a token and its development team is creating an Ecosystem. Ark is very fast. It uses 8 second block times that can be easily scaled in the future if need be. It currently costs .1 Ark for each transaction. It has a low inflation rate and it is decentralized. One of the main goals that Ark is currently trying to achieve is "Bridging." Smart Bridging is an interconnected Ecosystem of Blockchains AKA a web of blockchains. One example would be bridging Lisk, Etherium, and Bitcoin into one web.
Another future goal that the Ark Development team is working on is a physical card system. This means that one day Ark could potentially have its own crypto debit card that can be used in real world transactions. This would be very useful if used in combination with Smart Bridging other coins and tokens as well. Perhaps one day, you will be able to make your own purchases on an Ark card, but you will be able to spend Etherium in addition to Ark. On top of that the Ark team is also working on including Optional Privacy for your transactions.
The Ark token is stakable. The top 51 nodes forge the new tokens to move the inflation forward. Delegates are voted on by current Ark holders. It costs 1 Ark to vote. Many delegates offer incentives for votes. This means that they may distribute 80% of their newly forged tokens to their voters and they would keep 20% for themselves. Based on the amount of Ark that is in your wallet, you will get a payout from your delegate. This creates an incentive to hold onto Ark because you are essentially accumulating more Ark either daily or weekly. A great feature of these payouts is that you do not even have to leave your wallet open. You will automatically receive these distributions and they will be shown in your recent transactions the next time you open your wallet.
Ark currently ranks 40th overall in the Total Crypto Market with a market cap of $188 Million USD. Each token is currently worth $1.99 USD. It has made some pretty big moves recently. A few months ago Ark was selling for $.25 USD. The Ark Development team is very forward thinking and they are working on some great features. If these goals are reached, I feel that Ark will jump dramatically in price. Ark will also gain Ledger Nano S support in September, so that may help the current price. That is my personal opinion. Remember to only invest what you can afford to lose, and don't put all of your eggs into one basket...diversify. I'm curious to hear your opinions so please leave a comment and feel free to resteem.
The Ark website link to learn more:
https://ark.io/
Take care and stay safe out there,
Pete
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the share. I'll be sure to check out the links. Long Ark!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ark has been one of my big gainers :-) and i think it has just started.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Me too! It's over $2.20 now. Congrats!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
already had some lets see how these alt's go :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great week for alts!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I know about this coin but never had any knowledge of it and its developers. Such info is what make me get to know coins better and probably buy them. Thanks for sharing!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's still rising in price.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
oh i didn't knew about Ark before
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's doing very well today!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
ARK to the Mooon:)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm loving Ark right now!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
ARK has a good growth today
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh yea! Over $2.20.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
seems like it has great potential that coin, gonna keep an eye on it for sure :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's making some nice moves today.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
They have a beautiful logo.Many new coins coming up, hard to keep with all. So i just randomly buy buy buy :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree, so many coins/tokens out there. Good to diversify, but I like to research each coin/token before I do so. Right now I'm invested in BTC, BCH, LTC, PIVX, ARK, STRAT, LISK, VTC, GBYTE, ZEN, and STEEM. I also took a small gamble on XBY. I'm happy with that diversification. Good luck to you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Of the mentioned vtc and gbyte, rest all have invested too. Will check them out, counting on your research :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Heared this Ark word First time. Learned something new today about ark that it is also in the market of cryptocurrencies . Thanks .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for reading. Do some research on Ark. I think it has great potential. Good luck to you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I will throughly research on ark hope this coin will reach high in future like bitcoin and etherium.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How high do you think it will go up to? I've been looking at this coin lately..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm bullish. A lot depends on their development and if they are able to achieve their goals. It needs to break past $2.00 and hold for a few days to create a new resistance zone. It's been floating between $1.55-1.85 for the past week, but it did pump a week and a half ago to around $3.00 for a brief period. I wouldn't be surprised if it pumps again to close to $3 by the end of September. But that is just my opinion. Also take a look at Lisk, that had a great weekend. I believe Ark is a fork of Lisk and some of the Ark Team is comprised of former Lisk members. If Lisk pumps well, Ark has the potential to do so as well. Definitely keep an eye on it. Good luck and thanks for reading and commenting!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow, enterprise and invention! It always seems expensive when you're about to buy though.
You don't think they're over-promising a bit with peer to peer "Interplanetary File System and DataBases?" (What's that?)
The 21st Century looks like Sci-Fi world and it should be, once we shake off the dead weight of the Parasitic ancien regime.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ha! I didn't understand much about Ark the 1st few times I read up on them. Their team has some smart people. Could they be over-promising?...possibly. But I like their innovation and the fact that they think big. Their wallet is also a great design and very fast. I got real lucky with this one...I took some BTC profit and bought in at $.25 USD. I voted for "Ark Pool" as a delegate and I get distributions everyday. Today it just broke the $2.00. Top that with my LTC and Lisk, and I would say it's been a good weekend.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You can read more about it here:
https://ipfs.io
https://ipdb.foundation
It's unrelated to ark, but ark supports it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @pbgreenpoint! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hold Ark and it doubled value in 1 month .
For me it is one of the best long term investment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit