Dear friends! We are glad to take stock of the progress made. Our blockchain based ecosystem of augmented reality has reached a set Soft Cap equivalent to 2746 ETH — thus 3.3 million tokens are sold.
Last three months have been marked by important results in all the areas for developing the ecosystem. First of all Arcona is a decentralized multi-user system, so its success mainly depends on the participants’ activity.
In the Arcona community there are thousands of people ready to explore and master the Digital land creating a fantastic world of mixed reality all over the planet.
Reputable partners from the spheres of real estate market, advertising and media business have joined the Arcona team. This year we will put our joint projects into motion.
In December we launched Arcona Core — a fundamental core of the technological platform for the Digital land creating. First version of its library has already exceeded the expectations. It has shown a high capacity for the massive application of the augmented reality. Due to the increasing technological efficiency, the ArconaCore allows not to only create the Digital land, but also gives a huge range of tools and opportunities to the AR developers.
We stick to a planned course of the project carrying out. Thus in the spring we will launch the main portal of the ecosystem — Arcona market place, where our tokenholders will be able to purchase the land and exchange an interactive content. In the mean time our tokens will be placed in free circulation which is what we are currently negotiating about with the leading cryptocurrency exchanges.
While pre-ICO we agreed on exclusive cooperation with Yobit and Gatecoin. Moreover in order to provide the liquidity we concluded an agreement with the network Bancor. Their token exchange protocol guarantees ARCONA token stability regardless the stock market.
Maintaining the reliability and liquidity of the token is one of the most important tasks of the project in the current market situation. Since the launch of the public PreICO Arcona, the etherium course has grown almost threefold, which increased the declared maximum ecosystem capitalization to $150 million. This amount is not justified within our economic strategy.
A constant increase in the cost of the token makes transactions inside the system inherently expensive. Objectively assessing market trends, we decided to make a number of technical adjustments to the existing smart contract immediately after the completion of the presale. In particular, we will increase the fractional part of our token to 18 decimal places. This will make our domestic currency more flexible in conditions of high volatility of the crypto currency.
In this regard, the launch of the main ICO Arcona is tentatively scheduled for February 25. Within a month, users will be able not only to purchase ARCONA tokens, but also to participate in an unprecedented Digital Land lottery. Each day, four new sites will be exhibited in the center of one of the ten largest megacities of the planet. The most active buyers will immediately become the owners of the new digital asset.
Join Arcona to take part in the Digital Land section!
More information on the website www.arcona.io and https://t.me/arcona_ico
