PREAMBLE
It is no longer news how Blockchain innovation has been leveraged in different endeavours of human life. Many famous and uncontrollably utilized, brought together digital money trades have assembled a lot of impact throughout the years. The unified trades control the ability to represent the moment of truth blockchain ventures, and for the most part, they are the main organizations that stay rewarding paying little mind to the dimension of unpredictability and unsteadiness that the digital money markets encounter.
The enormous riches and impact that brought together trades forces have prompted genuine untrustworthy demonstrations of market control and misuse that stress precisely the reasons why decentralized trades are required now like never before.
ABOUT ARCC PROJECT
Based on my understanding ARCC is a macroeconomic stable coin creates and reallocates wealth through the elimination of corruption. ARCC may be an economic science stable coin that aims to become a regional crypto-reserve currency backed by a socio-economic network and currency reserve structure. Built on a localized network, ARCC plans to create instant widespread impact through entrepreneurial empowerment in a decentralized financial system where participation truly matters.
About The International Blockchain Monetary Reserve
The International Blockchain financial Reserve, IBMR.io, is a social impact economic development reserve and advisory established to promote distributed inclusive economic development for the urban working poor in corrupt failing emerging markets through the supply of regional ‘crypto reserve currencies’ supported by corresponding localized economic structures, underlying assets and regional market alignment.
‘Social Proof of Work’ is that the basis for IBMR.io’s economic development model which creates an inclusive wealth distribution network that fosters radical social transparency for a corrupt-free entrepreneurial environment that allows for the best reading of an economic science stable coin ‘crypto-reserve currency’ as a ‘micro asset’ for production.
ARCC APP FUNCTIONALITIES
The project will function as a Social Proof of Work Mining
Socio-Economic Price Sponsorship
Peer-to-peer Investment Platform
Asset Management Platform
Entrepreneurial Grants
Social Impact Staking Community Program
Basic Insurance based on ARCC holdings
Charity Lottery Donation Platform
TOKEN USE CASES
ARCC Token can be used as a reward. It will be used in form of airdrop for new users of age 16 and above.
ARCC Token can also be used as a currency reserve. IBMR.io will sell the token into the market when it goes above the monetary policy.
ARCC will also be used for regional investment, grants, and scholarships. Tokens will be burned at the end of the year if after there are no suitable investment.
ARCC will also serve as a bonus. It can be used to pay for the cost of management salaries, operations and development.
Social Proof of Work Allotments of ARCC.
ICO Details
ARCC is backed by an economic system which is structured for adoption, value and increased the productivity of the region. The fund usage is as follows and has four totally different phases and includes presale, initial token raise, first stage continuous mint, and ordinal stage continuous mint. The overall token economy will be governed by the monetary policy mandate and the monetary policy council.
TOKEN DISTRIBUTION
The Distribution of the ARCC token will be in two phases. The project aims at minting and allocating tokens for four decades (forty years). Thus, the first phase will run for 18 years and the second for 22 years. Here is the breakdown:
First Phase (a period of 18 years)
ARCC Airdrop: 5%
Management and Operations: 10%
Currency Reserve: 20%
ARCC Social Proof-of-Work Allocation Pool: 20%
Investments: 45%
Second Phase (a period of 22 years)
ARCC Airdrop: 5%
Management and Operations: 10%
ARCC Social Proof-of-Work Allocation Pool: 10%
Currency Reserve: 20%
Investments: 55%
TEAM & ADVISORS
Stanley K. Kwok: Co-Founder and Executive Director
Eric Tao: Media, IR and Marketing Executive
Geraldine M. Diaz: Executive Office Administrator
Vince Wang: Executive Office Project Manager
Joel Malasaga: Executive Office Financial Officer
Advisors
Darius Yuen: Advisor
Mark Mu-Chi Sung: Advisor
Conroy Cheng: Advisor
Morgan Potter: Advisor
CONCLUSION
Based on my research I can say that ARCC project is an macroeconomic regional crypto-reserve currency. To act as a long-term regional ‘micro asset’ as well as a constant incentive for network participation. The objective is to provide socio-economic mobility for the urban working poor in emerging markets by exposing corruption and empowering their entrepreneurial capabilities through financial inclusion. I advise you to visit the links below for more information;
WEBSITE: https://ibmr.io
WHITEPAPER: https://ibmr.io/wp-content/uploads/2019/02/ARCC-WhitePaper-Jan-feb-26-web-file.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5097927.0
TELEGRAM: https://t.me/arccenglish
FACEBOOK: https://www.facebook.com/AsiaReserveCurrencyCoin/
TWITTER: https://twitter.com/ARCC_IBMR
MEDIUM: https://medium.com/@asiareservecurrencycoin
REDDIT: https://www.reddit.com/r/ARCCtoken/
Bitcointalk Username: Babygirl2019
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2514575
Eth Address: 0x6a80c5b68d4d058218EB26d33c454828aa4e3766
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