ARCS ®Benefits And Advantages From Token For All Users Around The World
• The Relationship Between Alre & ARCS,
Alre is part of ARCS. Because Alre is a publishing company of ARCS tokens. ARCS is a Utility Token. And utility tokens can be used to buy a product through a certain platform. For example, many cryptocurrency exchanges have issued their own original cryptocurrency to be used by customers to reduce trading costs. The main difference between currency and utilities lies in the fact that holding a utility token gives access to functions provided directly by the business that issued it. In the cryptocurrency exchange example, holders are only given access to reduced trading costs through the use of the token.
Most tokens created in blockchains such as Ethereum are basically utility tokens, because each is intended to be used native on a single platform, such as a decentralized application (dApp). But now ARCS has provided solutions, governance tokens and utility tokens. And ARCS is made to give investors something other than a means of payment, which is used to reduce trading costs
" Alre is a world where various human values can be turned into assets and used as social resources "
• Decentralized Platform,
As a token that runs on the Ethereum Platform, ARCS has a decentralized nature which is basically the idea that cryptocurrency is decentralized as opposed to a centralized system. The centralized system itself is an ecosystem that is controlled by a particular entity, such as the government that has the authority to create, maintain, and delete various rules and policies in the ecosystem. In addition to the government, banks can be said to be controlling entities, because they control the monetary system which is the core of our economy. And in a small scope, a company can be considered as a centralized ecosystem, because it has a leader who has the right to make decisions on each of the company's policies and rules. Therefore, decentralization refers to the distribution of power and the lack of control of a particular controlling entity. That is believed to be able to control the ecosystem in this case is the general population in the network. Crypto currency and the underlying technology (Blockchain), is an example of a decentralized system, because it can empower all participants to manage and contribute to an open and transparent system.
But other than that all ARCS aims to provide benefits to users, especially to people around the world.
• Advantages of ARCS,
√ Cheaper transfer fees,
users only need to pay a small portion of the crypto currency transfer fee, compared to fees that use intermediaries.
√ Quick confirmation time,
Users only need to wait a few minutes to transfer crypto currencies anywhere and anytime, without limits globally.
√ Safe,
Because it is decentralized, ARCS will not suffer damage even though there is one part that is in trouble. In addition, all crypto transactions cannot be changed or manipulated.
√ Transparent,
Users can verify and record the details of each transaction on the Blockchain history that occurred.
• Token Details,
Token Name : ARCS
Symbol Token : ARX
Total Supply: 20,000,000,000 (20 Billion)
Decimal : 18
Blockchain platform : Ethereum
Standard Token :ERC20
Contract address : 0x20b1a8a9a9ca1c7302b7f774266c491c7b11622779
• RoadMap,
• Team,
• Conclusions,
By issuing settlement tokens, governance tokens, and utility tokens, ARCS will provide users with clear and efficient information through transparent and centralized ways of working. Because this is an effective way to help users in analyzing and reasoning about data and evidence to be accessible, understood and useful. Because of purpose from Alre wants to make ARCS Tokens a Tokens that can provide multifunctionality for users for all variable needs.
Thank you, and if you are curious about the Alre and ARCS Token project, Please visit, their official network,
Web: https://www.arcs-chain.com/
Whitepaper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
Twitter: https://twitter.com/ARCS_ARX
Medium: https://medium.com/arcs-arx-official
Telegram: https://t.me/ARCS_ARX_EN
Author: lemplong
Bitcoin Account URL: https://bitcointalk.org/index.php?action=profile;u=1310212