Participate in the Arcona (ARCON) token pre-sale through Gatecoin
Starting today, fully verified Gatecoin users will be able to participate in the Arcona (ARCON) token pre-sale by logging into their Gatecoin account and pledging any amount of their ETH balance.
The deadline to take part through Gatecoin is 8:00 HKT (UTC+8), Wednesday, 21 February 2018.
Why did Gatecoin choose to support Arcona?
Arcona has been building cutting edge augmented reality content and experiences for years. In 2014, Arcona launched the world’s first augmented reality park in Ludza, Latvia. The park has been wildly successful and over the past three years, 200,000 people have visited to see the AR reconstruction of a Teutonic knights castle. Arcona has already developed eight working augmented reality theme parks in six different countries in Europe and is developing more around the world.
Arcona is now taking AR even further, utilizing blockchain technology to create a token marketplace for augmented reality services and experiences. AR developers will be able to create and manage their own content while users will be able to join in the experiences that these developers will offer. Using this ecosystem, AR experiences could be added to any major landmark in the world, such as France’s Eiffel Tower, Egypt’s Pyramid of Giza, or the streets of Hong Kong. Museums could also make their exhibits come to life through augmented attractions, increasing tourism and boosting local economies.
How does Arcona work?
Arcona will allow individuals to buy, sell, and rent out “digital land”. Arcona will use smart contracts to guarantee the protection of copyright and property rights for digital landowners. However, there are far more potential applications that Arcona plans to implement into their AR marketplace.
Arcona allows developers to accurately and remotely place augmented reality objects in a changing environment. They also offer the ability to link virtual content with real landscapes anywhere, regardless of their size.
Currently, there is no single tool for users to easily interact with augmented reality. Arcona’s digital land unites the physical and virtual world while simultaneously offering free access for all users and software functions, allowing them to change the surrounding augmented reality space whenever they desire. Most AR concepts require a specific method of viewing, whether it be a phone, headset, or glasses. Arcona is able to have universal viewing among devices, which also adapts to users’ movements.
What are Arcona (ARCON) tokens?
Arcona’s ARCON tokens, which are being distributed to contributors through the token pre-sale and the public sale, will be used to access and power the functions on the Arcona platform. Some of these functions include viewing content, interacting with a P2P digital land marketplace, and any other services offered in the Arcona ecosystem.
There are multiple token use cases within the Arcona ecosystem. Users could visit Pompeii and pay to see the reconstructed ruins. Digital landowners could display virtual ads near their created content in order to earn more revenue for their masterpieces. For more information on the token mechanics, please refer to the whitepaper.
Important notes
All ARCON tokens will be issued at once and there will be no further minting after the token generation event.
Token distribution breakdown:
- 60% allocated to the token sale
- 11% held in a pool to be distributed as incentives for building the Arcona network
- 20% allocated to the founding team, which will be vested over a one and half year period
- 7% reserved for advisors
- 2% for bug bounties
How to take part
As a Gatecoin client, you will receive access to the Arcona token pre-sale and benefit from a 30% token bonus compared to the general public price (meaning that you will get 30% more tokens for the same amount of ETH equivalent sent).
The minimum participation amount for this token sale is 0.5 ETH. Participation will be taken into account on a first come first serve basis.
**US nationals, US residents and residents of Mainland China, will not be accepted as contributors.**
Participation process:
1) Login to your Gatecoin account, then visit our token pre-sale platform.
2) Make sure you have ETH funds on your account, as this will be the only cryptocurrency accepted for this token pre-sale facilitated through Gatecoin.
3) After checking the details and accepting the terms and conditions, you will be able to commit your ETH balance to the Arcona pre-sale. Make sure you do so before 8:00 HKT (UTC + 8), Wednesday, 21 February 2018.
Once pledged, your ETH contribution will be sent together to Acrona along with those of other Gatecoin clients. The Arcona team will take into account your participation amount and distribute ARCON tokens once the public token sale is over. Gatecoin will then credit your balance with ARCON tokens and launch ARCON/ETH and ARCON/BTC trading pairs on our exchange. The estimated time frame for ARCON token distribution is March unless the token sale hard cap is reached sooner.
Want to know more?
Check out the following resources:
- Arcona’s website
- Arcona’s whitepaper
- Arcona’s medium blog
- Arcona’s telegram channel
If you have any questions about token pre-sales please refer to our FAQ page.
For journalist enquiries please contact media@gatecoin.com.
Many thanks
The Gatecoin team
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