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
| Company Name | ARK ECOSYSTEM |
| Incorporation date | 21/11/2017 |
| Incorporation Address | 1394 RUE DU VILLAGE39570 VILLENEUVE-SOUS-PYMON |
| Website | https://ark.io/ |
| Blog | https://blog.ark.io/ |
| Phone | n/a |
Economic details
| Initial Funding & Distribution | |
|---|---|
| Ticker | ARK |
| Token Type | Cryptocurrency |
| Total Supply Sold | 93 750 000 ARK |
| Total Amount Raised | 942 593 USD |
| Price During the Crowdsale | 0.01 USD |
| Hard Cap | no info |
| Whitepaper | https://whitepaper.ark.io/ |
| Token Distribution | 75% Crowdsale 15% Team 7% ARK Shield 2% Bounties 1% Escrow |
| Funds Distribution | no info |
| Crowdsale Date | December 11, 2016 |
| Sources: https://messari.io/asset/ark https://www.coingecko.com/en/ico/ark https://icorating.com/ico/ark-ark/ | |
Social Media
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Team
| Title | Name | ||
|---|---|---|---|
 | Co-founder, President & CEO | François Thoorens |  |
 | Co-founder & CFO | Lars Rensing | |
 | Co-founder & CSO | Matthew DC | n/a |
 | CTO | Kristjan Košič | |
 | Co-founder & Board Member | Mike Doty | |
 | Co-founder & Board Member | Travis Walker | n/a |
 | Co-founder & Board Member | Rok Černec | |
 | Co-founder & Board Member | Scott McPherson, MD | n/a |
 | Co-founder & Lead Network Architect | Velislav Valkov | |
Development
| Total number of Commits | 12720 Commits (71 Repositories) |
Partners
Ledger – a company which creates cryptocurrency hardware wallets.
Bitcoin PR Buzz – a cryptocurrency and blockchain PR agency.
Major League Hacking – an official student hackathon league.
MARAChain – a platform where users can securely transfer documents and restrict access to third parties.
Ø Crypto Union – a versatile range of expertly crafted financial services designed for the crypto-economy.
Hiway.io – a blockchain focussed marketplace for work.
Blockport – a decentralized trading platform.
Wolfram – computational knowledge engine or answer engine.
Competitors
Lisk – a blockchain application platform that helps developers to build blockchain applications and deploy their own sidechain linked to List network.
Ethereum – a decentralized platform that runs smart contracts and it allows developers to create their own decentralize application.
NEO – is a smart economy platform where users can digitize assets using the decentralized network of blockchain technology and digital identity.
AION – a platform for building decentralized applications.
Komodo – end-to-end blockchain infrastructure solution provider. It features a multi-chain architecture which provides each project with independent infrastructure and dedicated blockchain.
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.