ArcBlock Rewrites History with Its Record Setting Public Sale!

Robert Mao along with the ArcBlock team was greatly thankful to so many people from all around the world for their encouragement and support in exploring the vast Blockchain 3.0.

On February 3, 2018, ArcBlock rewrites history with its record setting Public Sale that ended within 19 minutes with 53,206 participants online at the same time from over 170 countries!

With momentum building from a successful Private Sale that ended with more than 5000 registrants totaling over 1 million ETHs, ArcBlock finished the total hard cap of 12,500 ETH and 6M CMT in 1,140 seconds!

Public Sale begun with over 25,000 KYC applications and over 45,000 signups on the first day, completed with record setting 100,837 KYC applications and 147,204 signups within 6 days. The demand was so abundant that ArcBlock had to end its registration 7 days prior to the scheduled date of January 28th, 2018.

The bullish sales had 53,206 people participating and ranked #1 compared to other successful ICO public sales. To ensure general participation ArcBlock decided to reduce individual cap to 3 ETHs + 7500 CMT. And the gas limit was adjusted to 60 gwei, 200k for both ETH and CMT to make sure a smooth sailing public sale.

“This outcome owes its success to ArcBlock’s community and supporters. ArcBlock is grateful for this network of support and looks forward to cultivating a vibrant future together.” said Robert Mao, CEO of ArcBlock, “Thanks to all of our supporters from around the world for their passion and consensus on ArcBlock, we should work harder and bring an amazing platform to reward our community and supporters. The process of our token sale event is a reflection of our vision toward the decentralization and our spirits as geeks. We will share more details of stories in the future progressively.” Robert added, “We will distinguish ourselves from some of those vaporware or scam projects by showing our progress in action. We will demonstrate the power of the decentralization by launching Dapps with our partners. Also, we will reward our community and supporters by increasing the value of our token economy.”

ArcBlock sends its special gratitude to our advisors Ding Lei, Dr. Shoucheng Zhang, Salman Dhanani and Justin Tomboulian as well as investors and partners including Cybermiles, EtherDelta and Bibox and most importantly, our supporters and our communities!

2018 Roadmap & Token Distribution

Q1.

• Select the first group of founding clients that will be powered by ArcBlock.
• Token Sales event: Private Sale begun on Jan 12th, 2018. Followed by Public Sale, which started on February 3rd, 7pm CST to Feb 10th, 2018. All tokens sold will be distributed within 4 weeks after the end of Public Sale.

Q2.

• Launch the first decentralized consumer application built on ArcBlock with development partners.
• Implement Hyperledger Adaptor with Open Chain Access Protocol. Tokens launch in exchanges.

Q3.

• First public release candidate for Open Chain Access Protocol (RC1).
• Open source Open Chain Access Protocol and its reference implemented on Ethereum and Hyperledger.

Q4.

• Official release of the Open Chain Access Protocol and adaptors for Ethereum and Hyperledger.
• Full ArcBlock platform ready for clients and partners. Platform open to the general public.

Token distribution: Hardcap: 12500 ETH + 6M CMT

ABT tokens will be distributed to the ETH-wallet you provided upon registration within 4 weeks after Public Sale ends. If you have any questions, please contact us at support@arcblock.io

ABT will be listed on exchanges in February and we will announce when it becomes official!

For more information, please visit our website, Telegram and other social media channels.

Official Website: Arcblock.io

Telegram: https://t.me/ArcBlock

Twitter: https://twitter.com/ArcBlock_io

Facebook: https://www.facebook.com/arcblock.io/

AMA with Ian Balina: https://www.youtube.com/watch?v=_fhfhycmLyA

Interview with Crypto Lark: https://www.youtube.com/watch?v=WmLn9OUEMxw&t=997s