[Announcement] Arowana Custody Service Expansion

Arowana
Arowana Project
Published in
2 min readJul 17, 2023

Dear, Arowana community members,

Arowana is preparing for a new leap towards becoming a more advanced project through the development of its own platform and the expansion of global services in the second half of 2023.

In 2023, Arowana is working towards the development of the Arowana wallet service, AroWallet, an app service where physical assets can be purchased, and the development of the mainnet. Additionally, we have enhanced the identity and brand image through visual rebranding. These activities and changes demonstrate the will to enhance its independence, expand into broader areas, and provide services to more users.

In the second half of the year, Arowana is planning to focus on project management aspects along with the development and changes of Arowana, and upgrades are planned. This can be seen as a process to improve the quality of services provided by Arowana and to become a safe and transparent project that users can trust and use.

One of the first changes to improve management is the strengthening and expansion of the custody service that manages Arowana tokens.

Transparent and safe token management is an essential part of the custody service and must be considered for the strategic growth of the project and to provide better services to users. Therefore, in addition to Hexlant, which has been in charge of the custody of current Arowana tokens, a company specialized in custody service support for global services will be added.

The company to be selected will be one that specializes in security and stability against token hacking and key management, and Arowana aims to increase the transparency of token management through collaboration with the selected company. After firmly establishing the basic token quantity management, Arowana will strengthen its global business strategy, increase competitiveness in the market, and plan to provide more stable and reliable services to users.

The tokens will be stored through the foundation-owned wallet under strict management and control until the company is selected, and will be safely handed over after the company is selected.

<Token storage information for each item>

1. Marketing
0xA3911e7F000eeE76b6466dbA2E7D1C098dbe0B7B
55,335,000

2. Ecosystem
0x19c39c90CBB14A809bD3817B1aBb8c00d0F74091
70,000,000

3. Partners
0x30F1B3Df473a165cdf5Bf135b8fE105c4FD53bcC
50,000,000

4. Foundation
0x359Deb19C87B84578777826DF623cA83D39BF83d
50,000,000

5. Team
0x0213B2e5c7B39B93f921968D02e99abC9A99dEe7
25,000,000

6. Reserve
0x3f428b7AfAB185ad5537bdA5e63f9272414c01A5
50,000,000

We will announce the custody service company as soon as the discussion is completed.

We would like to express our gratitude to all of you who have always supported Arowana in the challenging cryptocurrency market.
In 2023, we will strive to become a project that can be trusted and used through improved projects, enhanced security, and transparent management.

Thank you.

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