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ArcBlock (ABT)

ICO

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

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Overview

Project industryBlockchain Infrastructure
Product typePlatform
WhitepaperArcBlock White Paper Open

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.

Details

Pre-sales: Jan 11, 2018 - Jan 27, 2018
Public sales: Feb 03, 2018 - Feb 10, 2018
Token supply: 186000000
Soft cap: 12,000 ETH
Hard cap: 31,903,100 USD
Raised: 45,000,000 USD

Legal

Registration country: United States
Registration year: 2017

Bounty

Bounty: 1%
Translation: 7%
Social media: 68%
Bitcoin talk signature campaign: 23%
Other: 2

Token info

Ticker: ABT
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 ABT = 0.51067762 USD
Token price in ETH: 1 Token = 0.000526 ETH
Accepted currencies: ETH, USD, CMT
Token distribution:
45% - Maximum token amount for sale
8% (with bounty comprising %1) - Marketing&partner support
15% - Team (Labs)
32% - Miners (community rewards)

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.

Project team

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

Advisors

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

Social media

ArcBlock web-siteArcBlock RedditArcBlock TelegramArcBlock InstagramArcBlock BTCTalkArcBlock LinkedInArcBlock TwitterArcBlock FacebookArcBlock Github

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