ARROUND: A Decentralized Augmented Reality Platform Developed For E...

Technology has being the backbone of every modern day innovation and as such the world is currently evolving at a pace where complex activities such as a shopping, gaming, advertising, sports and fitness training experience as well as other services such as health-care, tourism, educational and entertainment aids to mention but a few could now be performed and witnessed first hand from a remote location through advancements in technology. Through the use of a much more decentralized mechanism that allows transactions within a single ecosystem to be digitally registered in an immutable mannerism and transparent to all stakeholders in the system along with the use of a consensus that is agreed upon by every party taking part in such transactions, long term complications related to social networks, advertising networks, marketplaces and crowd-sourced data can now be translated with ease.

“So far, we can see only the tip of the iceberg. In the future, augmented
reality will forever change the way we use technology”
— Tim Cook, CEO of Apple.

TOKEN ECONOMICS
The Arround platform is a blockchain start-up and hence it is based upon the a monetization formulae such that it utilizes a cryptocurrency. The in-house utility token of the Arround platform is better referred to as ARR tokens and this is the only token that can be used to initiate and facilitate any form of transaction and proceeding within the ecosystem although the all prices of the various goods and services in the system would be depicted in regular fiat currencies. Aside the ARR tokens being used as a means to advance any and every consensus, it also allows for peer-to-peer trading with other cryptocurrencies within the platform such as Ethereum, Bitcoin, Litecoin, Bitcoin Cash and Dash. As an ERC-20 compatible token built upon the Ethereum blockchain, the ARR token is can be traded on any exchange on which it is being just like any other cryptocurrency token.

The total number of ARR tokens to be released into circulation is 3,000,000,000 tokens. The Around Token Generation Event (T.G.E) was scheduled for 2 different phases; The Presale took place from the 27th of February to the 1st Day of May, 2018 while the Public Crowdsale was timed for the 15th of September spanning through to the 15th of November 2018. After which the ARR tokens would become available for trading as a cryptocurrency on various exchanges.

HOW TO PARTICIPATE IN THE ICO

As earlier mentioned he ARROUND Platfrom is built upon the Ethereum Blockchain and as such in order to Participate one has to possess an Ethereum wallet address as payments are not only accepted in Ethereum but also in Bitcoin, Litecoin, Bitcoin Cash and Dash. To take part in the ARROUND ICO (T.G.E), follow the steps below.

Visit the project’s website, https://arround.io/ and register thereonafter.
After registering you would be provided with a wallet on the ARROUND ecosystem which is tied to the User’s account just created.
A token offering wallet address would be provided to investors on their dashboard upon the specified dates of the T.G.E (Presale or Crowdsale). This sending token offering address is Ethereum based and as such Investors are expected to send their payments to this address depening on the amount of tokens they wish to purchase.
Once transaction is successful your tokens would be automatically registered on your account on the system, and after the Crowdsale the equivalent of whatever payments you’ve made ( in Ethereum tokens) would be credited back to the investors wallet address that was used to send the Ethereum in the first place. However weather or not your payments are being made via anyother cryptocurrencies (say Bitcoin), an Investor is still obliged to provide an Ethereum wallet address as that is where the ARR tokens would eventually Ben sent to after the Crowdsale.

P.S: There are bonus incentives only available to investments above $10,000.