Token Sale in ARGO reality
The pre-ICO of ARGO reality will start in 2 weeks, and we are happy to see your support in Facebook, Telegram, Twitter and other our accounts. We hope, you are planning to be our investor and now trying to find more about tokens and future profit of buying them.
What is token in in ARGO reality and how the architecture of its looks like? More information in article.
About the categorization of our tokens
Today investors and developers use 3 major categories of crypto tokens:
Equity tokens
One of the most promising applications of Ethereum-based smart contracts is the potential for startups to issue stock–or equity tokens–through initial coin offerings. This will benefit startups since the barrier to entry into the financial markets will be much lower than in the past. It will make stock trading more accessible to the average investor and allow shareholders to take a more active role in corporate governance since voting can be conducted transparently through the blockchain.
Securities tokens
Through ICOs, investors have access to a wide variety of securities tokens, ranging from coins redeemable for precious metals to tokens backed by real estate. As described by Cooley LLP Fintech Team Leader Marco Santori, an arrangement is a security if it involves “an investment of money. And a common enterprise. With the expectation of profit, primarily from the efforts of others.”
Utility tokens
Utility tokens, which may also be called app coins or app tokens, provide users with access to a product or service.
For example, Filecoin–which raised an ICO-record $257 million–plans to provide a decentralized cloud storage service that will take advantage of unused computer hard drive space. ICO contributors received tokens that they will be able to use to purchase storage space from Filecoin once the service has launched.
In our pre-ICO campaign we combine two types of tokens — ARGO-tokens can be exchanged for Ethereum tokens and later also used as app coins.
The ARGO token is a unique key for accessing and modifying the augmented reality layer. Using a certain number of ARGO tokens, the user may join AR games, walk through special AR quests, place texts, photos, videos, stickers and 3D objects in AR.
Architecture of token economy in ARGO reality
The most active users and authors of the most popular AR objects will receive bonus ARGO tokens.
Such model of tokenization motivates the user’s proactive position in the ARGO system development, and promotes for constant participation in augmented reality expansion in his/her native location. At the same time, the need to purchase AR space for tokens stimulates the user’s responsibility and creativity for the integrated AR content.
Also, the token entitles the holders to approve or reject innovations, or to independently submit their proposals for community-wide consideration.
Some technical aspects
ARGO token issue platform: Ethereum, ERC-20standard.
Total issue: 1,149.4mn., including 586.2 mn. tokens intended for ICO.
The tokens can be issued by fractions with an accuracy of max.8 digits after the decimal point.
All data about the token circulation within the ARGO system is filed with the system-integrated set of servers. The verifiable decentralization of transactions provides the option for any user to download such server-based data to their PC, there by becoming one of the blockchain links.
ARGO tokens can be purchased as follows:
- By ICO participation, followed by use or redistribution by the original investors. Any ARGO token has an ARGO ticker. The initial price of one token is 0.00002ETH;
- By acquisition in limited quantities by new users following ARGO mobile app registration to stimulate online activity. When registering an account, the user automatically receives max.10 ARGO tokens as promotion. For these purposes, the system makes a reserve of 35% of the total issue. The number of free ARGO tokens decreases with the community expansion;
- By trading at the secondary market.
ARGO token is an identifier key for the ARGO augmented reality. The token serves an engine for users to operate within the system.
Now we are conducting our bounty campaign and distributing tokens to active users. Want to join us? More information on argoreality.io and in our Whitepaper.
