ARK (ARK) Cryptocurrency Economic Model and General Information

What does it do?

ARK is a sandbox that provides users, developers and startups with blockchain technology. Their aim is to create an entire ecosystem with endless use cases that make ARK widely adopted.

Key Features

Decentralized, open source and ran by a Delegate-Proof-Of-Stake (DPoS) consensus mechanism.

SmartBridge technology which helps ARK to scale and bridge well known blockchains.

General information

Economic details

Initial Funding & Distribution Ticker ARK Token Type Cryptocurrency Total Supply Sold 93 750 000 ARK Total Amount Raised 942 593 USD Price During the Crowdsale 0.01 USD Hard Cap no info Whitepaper https://whitepaper.ark.io/ Token Distribution 75% Crowdsale

15% Team

7% ARK Shield

2% Bounties

1% Escrow Funds Distribution no info Crowdsale Date December 11, 2016 Sources: https://messari.io/asset/ark

https://www.coingecko.com/en/ico/ark

https://icorating.com/ico/ark-ark/

Social Media

Team

Title Name Linkedin Co-founder, President & CEO François Thoorens Co-founder & CFO Lars Rensing Co-founder & CSO Matthew DC n/a CTO Kristjan Košič Co-founder & Board Member Mike Doty Co-founder & Board Member Travis Walker n/a Co-founder & Board Member Rok Černec Co-founder & Board Member Scott McPherson, MD n/a Co-founder & Lead Network Architect Velislav Valkov

Development

Total number of Commits 12720 Commits (71 Repositories)

Partners

Ledger – a company which creates cryptocurrency hardware wallets.

Bitcoin PR Buzz – a cryptocurrency and blockchain PR agency.

Major League Hacking – an official student hackathon league.

MARAChain – a platform where users can securely transfer documents and restrict access to third parties.

Ø Crypto Union – a versatile range of expertly crafted financial services designed for the crypto-economy.

Hiway.io – a blockchain focussed marketplace for work.

Blockport – a decentralized trading platform.

Wolfram – computational knowledge engine or answer engine.

Competitors

Lisk – a blockchain application platform that helps developers to build blockchain applications and deploy their own sidechain linked to List network.

Ethereum – a decentralized platform that runs smart contracts and it allows developers to create their own decentralize application.

NEO – is a smart economy platform where users can digitize assets using the decentralized network of blockchain technology and digital identity.

AION – a platform for building decentralized applications.

Komodo – end-to-end blockchain infrastructure solution provider. It features a multi-chain architecture which provides each project with independent infrastructure and dedicated blockchain.

Potential market and clients

The potential of ARK depends on how high the interest it building blockchain technologies will be.

Utility and economic dynamics