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ArcBlock (ABT)

Blockchain
Website
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Status
ICO

ArcBlock is a platform and an ecosystem for building and deploying decentralized blockchain applications.

ArcBlock White Paper Whitepaper

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Ticker
ABT
Type
Utility-token
Token standard
ERC-20
Registration countryUnited States
Registration year2017

What is ArcBlock

Besides providing their computing resources, miners in the ArcBlock platform help to build the platform by providing reusable components, new services and ready to deploy applications. People who contribute resources or services will be rewarded with tokens to form a self-growing platform that continues to evolve on its own. ArcBlock’s gateway uses a decentralized design and secure communication channels.

The ArcBlock Token (ABT) is native to the ArcBlock platform.

Within ArcBlock, the ABT’s basic utility value is to pay for the cost of using the ArcBlock system. Like a cloud computing service, the ABT is a utility token for paying the cost associated with using the service.

ArcBlock will become available to the public in 2018.

ArcBlock Roadmap

1
Quarter 1, 2017

Concept development.
Proof of concept and prototype development of the decentralized pub/sub gateway.

2
Quarter 2, 2017

Design and implement the EZCommJS, the Node.js implementation of the decentralized pub/sub gateway.
Proof of concept and prototype development of Blocklet with Ethereum.

3
Quarter 3, 2017

Design and implement the mobile and web clients with decentralized pub/sub gateway.
Design Blocklet architecture and Open Chain Access Protocol.

4
Quarter 4, 2017

Develop the architecture for token design functionality and the Token Economy Service.
Implement the Ethereum Adapter with Open Chain Access Protocol.
Complete the prototype for the first end-to-end application built on top of ArcBlock.

5
Quarter 1, 2018

Select the first group of founding clients that will be powered by ArcBlock.
Token Sale event. Private sale begins Jan 12, 2018. Public sale held from Feb 3, 7pm CST to Feb 10, 2018. All tokens sold will be distributed within 4 weeks of the end of the public sale event.

6
Quarter 2, 2018

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

7
Quarter 3, 2018

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

8
Quarter 4, 2018

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.

9
Quarter 1, 2019

Widespread deployments with more partners and developers.
First DevCon for ArcBlock developers.

Token Sale Dates

Presale Period

Start date: Jan 11, 2018
End date: Jan 27, 2018

ICO

Start date: Feb 03, 2018
End date: Feb 10, 2018

Token Allocation

Total Token Supply 186000000

Funding Details

Soft Cap 12,000 ETH
Hard Cap 31,903,100 USD
Funds Raised (as of now) 45,000,000 USD

Token distribution


45% - Maximum token amount for sale
8% (with bounty comprising %1) - Marketing&partner support
15% - Team (Labs)
32% - Miners (community rewards)

Token Price and Payment Options

Token price USD 1 ABT = 0.51067762 USD
Token price ETH 1 Token = 0.000526 ETH
Accepted Currencies ETH, USD, CMT

Project team

Robert Mao
Robert Mao
CEO
Robert Mao linkedin-team
Flavien Charlon
Flavien Charlon
Chief Scientist
Flavien Charlon linkedin-team
Jean Chen
Jean Chen
VP Of Marketing
Jean Chen linkedin-team
Joe Wallin
Joe Wallin
Legal Counsel
Joe Wallin linkedin-team

Advisors

Ding Lei
Ding Lei
Salman Dhanani
Salman Dhanani
Salman Dhanani linkedin-team
Justin Tomboulian
Justin Tomboulian
Justin Tomboulian linkedin-team
Mike Cartwright
Mike Cartwright
Mike Cartwright linkedin-team
Lawrence Lerner
Lawrence Lerner
Lawrence Lerner linkedin-team
Jiaxi Lin
Jiaxi Lin
Jiaxi Lin linkedin-team
Huishen Cui
Huishen Cui
Huishen Cui linkedin-team
Maggie Wu
Maggie Wu
Maggie Wu linkedin-team
Violin Wang
Violin Wang
Violin Wang linkedin-team
Andrew Le
Andrew Le

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