Crypto:
36638
Bitcoin:
$91.191
% 2.53
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.191
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

ArcBlock Explained: Multi-Chain dApp Development Platform

arcblock abt token

ArcBlock is a Blockchain 3.0 platform that enables developers to easily create blockchain-based applications (dApps). The platform leverages a modular architecture called Blocklets, aiming to facilitate seamless interaction across different blockchain networks. ArcBlock also supports cross-chain interoperability through the Open Chain Access Protocol (OCAP). 

Team and Founders

  • ArcBlock was founded in 2017 by Robert Mao, a software engineer and entrepreneur with a Microsoft Research background. 
  • Robert Mao (Founder & CEO): Experienced in software development at Microsoft and entrepreneurship. 
  • Flavien Charlon (Chief Scientist): Expert in blockchain and financial applications. 
  • Joe Wallin (Legal Advisor): Legal advisor for fintech and blockchain projects in the US. 
  • The team is US-based but collaborates with active developer communities in China and other regions. 

Investors and Key Partnerships 

  • Raised approximately $45M during the 2018 ICO. 
  • Amazon Web Services (AWS): Cloud integration. 
  • Microsoft Azure: Infrastructure for rapid deployment of blockchain applications. 
  • Hyperledger Foundation: Collaboration for enterprise blockchain solutions. 
  • Various VC funds and individual investors supported the ICO. 

Project Vision

ArcBlock aims to make blockchain technology invisible to end-users while building a user-friendly dApp ecosystem. Its platform offers: 

  • High-speed blockchain-based applications 
  • Cross-chain interoperability 
  • Scalability and low transaction costs 
  • Decentralized identity and secure transaction infrastructure 

How It Works 

  • Blocklets: Modular software units that can be smart contracts, APIs, or dApp components. 
  • OCAP (Open Chain Access Protocol): Enables data exchange between different blockchains. 
  • ABT Wallet: Centralizes user identity, data, and token management. 
  • Cloud Nodes: Run blockchain applications in scalable cloud environments. 

Governance 

  • Governance is conducted via the ABT token. 
  • The community can vote on protocol upgrades and ecosystem decisions. 
  • Developers can stake ABT to publish Blocklets. 
  • Users can stake ABT to gain network benefits. 

Roadmap 

  • 2018: ICO and ABT token launch 
  • 2019: Introduction of Blocklet architecture and OCAP 
  • 2020: ABT Wallet and identity management system 
  • 2021–2023: Multi-chain support, Hyperledger, AWS/Azure integrations 
  • 2024+: Enterprise solutions, Web3 applications, corporate dApps 

Token Utility (ABT Token) 

  • Staking: For Blocklet developers and users 
  • Governance: Participation in DAO-style voting 
  • Payments: Developers can sell Blocklet modules or charge users 
  • Incentives: Rewards for developers and node contributors 

Token Information 

  • Name: ArcBlock Token (ABT) 
  • Type: ERC-20 (Ethereum) 
  • Total Supply: 186,000,000 ABT 
  • Circulating Supply: ~98.6M ABT 
  • Exchanges: Binance, OKX, Gate.io, Uniswap 

Token Distribution 

  • 45% – ICO investors 
  • 32% – Team and advisors 
  • 15% – Ecosystem development fund 
  • 8% – Reserve and operational costs 

Ecosystem

The ArcBlock ecosystem includes developers, enterprise partners, dApp users, and independent node providers. Key features: 

  • Blocklet Market for reusable components
  • Token services for easy creation of custom tokens
  • Decentralized identity (DID) for secure access
  • Cloud integration with AWS and Azure
  • Web and mobile accessibility

Highlights 

  • Multi-chain support 
  • Fast dApp development with Blocklet modules 
  • Cross-chain data and transaction access via OCAP 
  • User-friendly wallet and identity management 
  • Enterprise-ready architecture 

Official Links 

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