ARCC – THE REGIONAL CRYPTO-RESERVE CURRENCY ECOSYSTEM THROUGH A SOC...

INTRODUCING ARCC

The cryptocurrency ecosystem is still in its early stages and current cryptocurrency exchange platforms are evolving gradually in the face of unprecedented demand.
Yet there remain significant problems in these centralized exchange platforms that need to be overcome in order to earn the trust of both seasoned traders and newcomers alike, who are willing to trade but are hindered by the Wild West attitude of many exchanges where Enter at Your Own Peril seems to be the motto which get many newbie afraid of trading.

Security, High fees, poor customer service, fear of loss, and many other problems are holding back the true potential of this market. In order to overcome these hurdles, a cutting edge, secure cryptocurrency exchange platform is desperately needed which lead to the creation of the exceptional platform called ARCC.
The **ARCC stands for Asia Reserve Currency Coin.

ARCC will be used to support and amplify the economic development of emerging markets in Southeast Asia by creating and reallocating wealth through the elimination of corruption.

THE GENESIS OF THE ARCC PROJECT

The International Blockchain Monetary 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 and failing emerging markets through the issuance of regional ‘crypto-reserve currencies’ supported by corresponding decentralized economic structures, underlying assets and regional market alignment.

Social Proof of Work’ is 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 which allows for the optimal deployment of a macroeconomic stablecoin ‘crypto-reserve currency’ as a ‘micro asset’ for production.

IBMR.io is registered in Singapore, and its first focus of development is Southeast Asia. Through the issuance and support of ARCC, IBMR.io intends to break the cycle of poverty, corruption and wealth disparity in emerging markets through the decentralized properties of cryptocurrency and blockchain technology.

Watch this short explainer video below that dive into the problem the team is solving with the ARCC platform project, focusing more on how it is being done and why you should join what it is that the team members are building for the betterment of the ecosystem at large. Enjoy Watching!

THE UNIQUE FEATURES OF ARCC

Discussed below are some of the amazing features that stand out this project, ARCC among others:

DEBT-FREE MICRO ASSET: ARCC is structured as a macroeconomic stablecoin that will act as a debt-free micro asset in a new decentralized inclusive regional economy for investment by the urban working poor into scalable and sustainable entrepreneurial ventures.
OPERATIONAL AUDIT: IBMR.io’s operations will be annually audited by one of the Big 4 global accounting firms and will routinely rotate its auditor every 3 years and make the audit publicly available.
SOCIAL PROOF OF WORK: This feature allows the urban working poor to earn free ARCC, not through hardware mining, but through participation in socio-economic surveys, exposing the systemic corruption around them. This is an act of socio-economic empowerment through financial inclusion.
ZKLEDGER BLOCKCHAIN TRANSACTIONAL AUDIT: The ARCC Reserve will integrate zkLedger as an open blockchain platform for transparency and audit of ARCC’s daily total holdings, inflow and outflow of the reserve.
MONETARY POLICY COUNCIL: This is the main mechanism for the governance of the ARCC token economy with a total membership of 300 council members who have exhibited integrity and expertise in the field of crypto economics. The monetary policy for ARCC is a 40-year policy broken up into 3 phases with the first phase of 8 years focusing on the growth of value, the next 10 years on the stabilizing of value and the last 18 years on creating a transactional currency.
RADICAL SOCIAL TRANSPARENCY: Corrupt failing emerging markets suffer from systemic corruption and combating, of course this requires a collective, open, verified and transparent account (Social Proof of Work Network) as a counter force to clearly identify and expose the corruption.

ABOUT THE ARCC TOKEN

ARCC is an ERC 20 Token that can be earned by mining through participation on the ARCC APP using the process of “Social Proof of Work.” If you earn ARCC through the ARCC APP and Social Proof of Work, you can spend or use it within the APP. Otherwise, like any other cryptocurrency, you can move it to an exchange and exchange it for another currency for spending.

But please note that; only those in designated developing Southeast Asian countries will have access to the Social Proof of Work Network through the ARCC APP.
The ARCC app has a number of functionalities, but its main functionality is a reporting tool for acts of corruption and as a wallet for ARCC which is also linked to asset management tools.

ARCC token can be stored on your wallet in your ARCC APP. ARCC is vested on a 3-year schedule of 30%, 30%, 40%, which for each ARCC earned starts on the day it is earned.

The team behind this project has great and amazing plan such that ARCC will first launch (list) on COBINHOOD exchange as soon as the token sale has ended. ARCC is already in talks with other major exchanges for listing but will only launch with COBINHOOD to begin with on the basis of their cooperation.

ARCC is managed like a hedge fund which is performance based on the value of ARCC while the ARCC token economy is guided by the ARCC Monetary Policy Council through quarterly votes.

MEET THE TEAM

Behind every good project, there must be a solid team who are always brainstorming and working towards on how to achieve the aim of the project. Here in ARCC, we have a diverse team of individuals with varying backgrounds ranging from experience in technology, business strategy, blockchain, trading, finance, management, marketing, and development.

Below are the brains that make up the ARCC Team;

CONCLUSION

Rest assured that ARCC aims to cater for the casual blockchain users who need an easy to navigate platform where they can be sure their crypto fund are well protected. ARCC will provide powered-up, cutting-edge features for both the amateurs and professionals who require the full range of earning more, decision making and fundamentals information at their fingertips.

The ARCC Social Proof of Work network is simultaneously removing corruption and enabling financial inclusion that would enable a transition to a new economic model of a radically transparent efficient entrepreneurial environment for micro-capital deployment, development and productivity.

Key in now into the ARCC project to safe guard your funds in a unique and welcoming environment, discover promising new technologies and ask or give advice in a community focused on creating a bright future for everyone! Become part of the ARCC community and be one of its token holders now that the price is still very cheap to afford for everyone.