Archway (ARCH)IEO A layer 1 blockchain, designed to reward dapp creators and developers. Community-driven working towards a fair decentralized world. The open-source smart contract platform simplifies building and launching dapps that bring real value to users. Seed Funding Round $21 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Archway
Archway is an incentivized smart contract platform that rewards developers — ushering in next gen dApps.
The protocol gives developers the tools to quickly build and launch scalable cross-chain dApps and get rewarded for the value the dApps contribute to the network.
The overarching goal of Archway is to foster an array of diverse and sustainable applications by empowering and rewarding developers that build on the network with baked in incentives and rewards.
The internet helped democratize access to information, but it hasn't fully democratized access to capital and value. Entrepreneurs and developers worldwide lack access to the same opportunities as their counterparts in more developed nations.
Archway aims to level the playing field. Built into the protocol itself, Archway rewards developers based on the value and impact of their dApp, rather than their close association or connections to capital.
Unlike existing Web 2.0 platforms or early versions of Web 3 Layer-1s, where tokens are mostly concentrated in the hands of the first few early participants, Archway is designed to be shared across all contributors and stakeholders. The entrepreneurs and developers who are building on Archway get a true stake in the growth and governance of the protocol itself.
DetailsIEO (Coinlist Launchpad): Jun 15, 2023 - Jun 15, 2023Token supply: 1,000,000,000 ARCH Total tokens for sale: 30,000,000 ARCH Raised: 21,000,000 USD LegalBlockchain Platform: CosmosCountry limitations: US, Canada, China, Republic of Korea, Democratic Republic of Congo, Iraq, and certain jurisdictions. Registration country: Cayman Islands Registration year: 2021 | Token infoTicker: ARCHType: Utility-token Token price in USD: 1 ARCH = 0.20 USD Accepted currencies: USDC, USDT Token distribution: Ecosystem Grants - 27.00% Private Sale 01 - 12.00% Private Sale 02 - 2.50% Archway Foundation - 15.00% Phi Labs - 10.00% Community Pool - 10.00% Core Contributors - 10.00% Airdrops - 5.00% Community Sales - 5.00% Early Backers - 3.00% Testnets and Hackathones - 0.50% |