ARK (ARK) Cryptocurrency Economic Model and General Information

What does it do?

ARK is a sandbox that provides users, developers and startups with blockchain technology. Their aim is to create an entire ecosystem with endless use cases that make ARK widely adopted.

Key Features

  • Decentralized, open source and ran by a Delegate-Proof-Of-Stake (DPoS) consensus mechanism.
  • SmartBridge technology which helps ARK to scale and bridge well known blockchains.

General information

Incorporation date21/11/2017
Incorporation Address1394 RUE DU VILLAGE39570 VILLENEUVE-SOUS-PYMON

Economic details

Initial Funding & Distribution
Token TypeCryptocurrency
Total Supply Sold93 750 000 ARK
Total Amount Raised942 593 USD
Price During the Crowdsale0.01 USD
Hard Capno info
Token Distribution75% Crowdsale
15% Team
7% ARK Shield
2% Bounties
1% Escrow
Funds Distributionno info
Crowdsale DateDecember 11, 2016

Social Media


Co-founder, President & CEOFrançois Thoorens
Co-founder & CFOLars Rensing
Co-founder & CSOMatthew DCn/a
CTOKristjan Košič
Co-founder & Board MemberMike Doty
Co-founder & Board MemberTravis Walkern/a
Co-founder & Board MemberRok Černec
Co-founder & Board MemberScott McPherson, MDn/a
Co-founder & Lead Network ArchitectVelislav Valkov


Total number of Commits12720 Commits (71 Repositories)


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Potential market and clients

The potential of ARK depends on how high the interest it building blockchain technologies will be.

Utility and economic dynamics

  • ARK is used for voting/unvoting.
  • Fees (for transactions, registering a delegate or 2nd passphrase) are paid in ARK.
  • Forging increases the supply every day.