[ANN][ABT] ArcBlock - BORN FOR BLOCKCHAIN 3.0

[Wind_Crypto]

The arcblock project positions itself as being one of the platforms available to help push the blockchain 3.0 frontier. More specifically, it cites itself as an OPEN CHAIN ACCESS PROTOCOL, a set of rules which allows the creation of an abstract ops/processing layer to enable interoperability of applications across blockchains.

IMO, this particular tech segment will very likely be in high demand over the next two decades, given the mainstream recognition of blockchain tech value. There must be some order to the chaos. The myriad of different platforms or protocols that apps/dapps are being developed on cannot continue, and some consolidation must happen at some point. Other cross-chain projects such as wanchain or aion have also garnered a lot of attention recently.

From my very superficial understanding, Arcblock seems to gear itself more towards integration with another rapidly-developing tech segment--cloud computing/hosting. I.e., nodes can be a group of VM machines, which seems very cool functionally, whereas wanchain for instance focuses more on digitisation of financial assets. Any views on other feature comparisons?

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[Vinder Six]

hi arcblock!

i want to ask you if you done with pre sale? if yes may i know the amount of contributions please? i will be waiting for a response then.

You can visit them website to find information, I think that all things have in Arcblock website, sir 

[matjas]

Do we know something about the gas? Or it will be a gas war?

There is always a gas war when it comes to popular project and we can certainly expect to be the same here. I really hope the team will recommend a high enough gas but there will always be some people who will be left behind.

[elramsy]

From the white paper and other research, ArcBlock is the first blockchain to treat cloud service as node to enhanced performance and security. With this great move, ArcBlock becomes the de facto standard for future blockchain platform design, and being the first to implement this system, they will lead the path as technology moves to the next level. Using cloud nodes will also take decentralization to the next height 

[Mattias357]

is there any specific terms on private sale in january 12,, ?
and how much the minimum amount of eth to contribute in private sale ?
regards

to participate in a private sale must be at least 150 Ethereum

[Mattias357]

Nice project.But it is hard to pacitipate in crowsale,too many people.

Because the project is indeed very promising and a large number of investors want to participate in it.

[CryptoMishka]

Ok, guys, I forgot - how many $ they collected at the presale?

[yinoye]

I think this new blockchain3.0 is going to be a huge success in the near future the concept is spectacular, They are right about the similarity of transaction in ETH and BTC that's why a blockchain3.0 is born to resolve the issue about it.

Yes everyone is optimistic about the Arcblock project and are looking forward to the development. If it can stand the tests of time, it will be a worthy blockchain project

[DogTheHunter]

When did I submit my documents for whitelist 1 week ago? I want to make a definite investment in this ICO.

[Nikolangeles]

I'm waiting for the 3rd February Public sale now.

[Wirkstoff]

I went now to send my ID verification.
And I see there on the website:

"KYC Registration is CLOSED"

What does it mean? What does it mean?

[Vansire]

I went now to send my ID verification.
And I see there on the website:

"KYC Registration is CLOSED"

What does it mean? What does it mean?

I could play a psychiatrist and have you ask yourself  what you think that means.

But let's break it down piece by piece.

KYC means Know Your Customer. In practice that is the requirement for a business to get the personal information of their clients. Your ID.

Registration is the part where you send your ID along with other essential information about your person and intention.

Is CLOSED means your personal information is not accepted anymore. For example because ArcBlock already has more registrations than they need.

[Wirkstoff]

But I've registered there in time, and was sure that I could get through verification process a couple of days later. Because it was claimed in their email that we do have time until 28.01.2018 ! So why?
So this means now that I am kicked out irrevocably?

Screenshot with this date:
https://i.imgur.com/FPS9TR0.png

[revenant2017]

But I've registered there in time, and was sure that I could get through verification process a couple of days later. Because it was claimed in their email that we do have time until 28.01.2018 ! So why?
So this means now that I am kicked out irrevocably?

Screenshot with this date:

Have you submitted already all the documents required for KYC verification? From what i see here, January 28 will be the last submission of your personal information. The sign-up on their page is already close but those who signed up early can still send their documents for verification. You need to submit it as early as you can so the chances for you to get verified, would be much more higher.

[Wirkstoff]

I have signed up before 21st of January.
The option to send ID was still open yesterday, when I was looking at it last time. I didn't upload anything yet, planning to do it tonight.
Today it is "closed" and impossible to do. Their Telegram-chat is now full with  similar cries for help.
It looks like this closure happened just minutes before I came to the site, so approximately an hour ago.

[Piston_82]

Ok, guys, I forgot - how many $ they collected at the presale?

There was Private sale hardcap: 25000 ETH
Those guys easy earn needed hardcap!

[Wirkstoff]

So simply. And so lightweight...

https://i.imgur.com/ntDXOr8.png

It's not the way serious companies act like.

[MrSpasybo]

hi arcblock!

i want to ask you if you done with pre sale? if yes may i know the amount of contributions please? i will be waiting for a response then.

ArcBlock has received 100,000 ETH in Private-Sale but because their hardcap is only 25,000ETH, so they will have to choose the most potential investors. And the remaining Whales, who owns 75,000ETH, will compete with the public in the Public Sale on February 3, 2018.

[MrSpasybo]

Why???

We've decided to ban Ukraine due to the unstable bitcoin environment that we feel in there, not only because the country is being banned. we are aiming to protect our global investors and eliminate the risk as much as we possibly could. We sincerely know it will cause much inconvenience, but we have to do this to make sure the project running smoothly.

Best regards,
ArcBlock Team

I think the reason ArcBlock does not allow investors from Ukraine is that: your community likes to trade = sell tokens right after ICO to gain profit from difference, which affects the token's liquidity; or your government has issued a code prohibiting crypto / ICO.

[MrSpasybo]

Do we know something about the gas? Or it will be a gas war?

Many investors are waiting for ArcBlock Public-Sale, which begins on February 3, 2018, which means extremely high competition. So how can you buy the ABT? The answer is to pay a high transaction fee so that your order is validated firstly. But how much is enough?
200,000 gas * 50 Gwei = 0.01 ETH = $10 USD?
Or more? CryptoKitties will bite your order?!
I think the transaction fee is not a problem with Sharks & Whales, but for private investors like us, we have to consider, don't forget:
0.01 ETH = 19 ABT ( = $19.000 USD in future?!)