ARCS: Data Rewarding Ecosystem
INTRODUCTION
Personal information or data is a big business for those who know how to use it. On the one hand, we are looking at the use of data to create targeted adverts that will trigger sales. On the other hand, we are looking at the obvious use of personal information/data without giving credit to the owners.
Challenges with the Data-Driven Industry
Many problems are causing much uproar in the data-driven industry. While some users are not entirely pleased with the way their data is mined, others are worried about the safety of their data that is used by third-party platforms.
HOW CAN I MONETIZE MY DATA?
You can monetize, sell, or make money from your personal information/data if you know the right route to take. I have considered the many available options and concluded that ARCS is the platform you need to make that happen.
ARCS BLOCKCHAIN
ARCS is a blockchain-based open-source ecosystem that wishes to solve the problem of the rising need for data management by creating a platform centered around data banks and their users.
ARCS Chain focuses on improving the well-being of people around the world. ARCS Chain theory gives users data about their assets. Some online stores sell their business customers' data without their consent. This is because you have to register your personal information with them before you can make a purchase online. Examples are online stores where we buy goods and services and, as a result, store our personal information. ARCS Chain gives you what belongs to you. One of the concepts of the ARCS network is to block 50% of its total number of issued ARCS as a fixed asset. This will increase the value of the marker in the shortest period. It is worth considering this class of project for investment.
ARCS token - basic information
The ARCS token has an abbreviated ARX ticker. It is not an independent coin, but a token of the ERC20 layout, which is minted on the Ethereum platform at the moment, although in the future it is planned to transfer it to a faster, more modern and scalable blockchain.
In more detail, the essence of the ARCS token is that people can digitalize their values, and then they can manage them independently as if they were digital assets.
Token specification
The ARCS token is issued based on the parameters shown in the table below.
The entity to issue tokens - IFA Co., Ltd.
Token name - ARCS
Token symbol - ARX
Total minted tokens- 20,000,000,000 (20 Billion)
Issuing schedule - Issue all tokens at once
Number of decimals - 18
Blockchain platform - Ethereum
Token standard - ERC20
Contract address - 0x20b1a8a9ca1c7302b7f774266c491c7b11622779
Detail Distribution of token:
For third party organizations 50%
For distributions to Alre startup supporter 12.5%
For Incentive Core member 2.5%
For Incentive Partner 2.5%
For IFA allocations development and operations 20%
for Reserve 12.5%
Detail of Team ARCS
Masashi Mizukura , Chief Executive Officer
Hiroshi Mizukura , Chief Financial Officer
Kunihiro Katsuragi, Chief Operating Officer
Yoshikazu Abe, Chief Risk Officer
Ryohei Osaka, Chief Marketing Officer
Yoshinobu Shijo, Chief Technology Officer
USEFUL LINKS
Website: https://www.arcs-chain.com/
Twitter: https://twitter.com/ARCS_ARX
Whitepaper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
Telegram: https://t.me/ARCS_ARX_EN
Medium: https://medium.com/arcs-arx-official
AUTHOR'S DETAILS
Bitcointalk Username- anddyy
Bitcointalk Profile URL- https://bitcointalk.org/index.php?action=profile;u=2321285