The upcoming technology of blockchain represents one of the more succesful attempts at utilizing blockchain technology for more than just supporting a cryptocurrency, but rather as blockchain technology, Now the Arcee coin appear by the aims to help address one of the biggest letdowns of the global social media framework. User-generated content has contributed billions of dollars to the net worth of social media companies like Facebook, Twitter, Instagram, Reddit and many other. Ther is a serious dearth of services that provide rewards for the real value-creators on social media; individual contributors.
Arcee coin seeks to reward these value-creators by providing them with ARCEE Ecosystem which may be used to obtain adventure travel rewards. This paper details all of the technical and social components of the Arcee coin network.
Launch in 2018, the ARCEE blockchain is a depart from bitcoin in that it functions as more than just a digital currency. ARCEE (pronounced “ARCEE”) is a holistic digital platform that supports a wide range of application and financial services. One of the major criticism of the bitcoin blockchain is that it can only ever be used to service the bitcoin digital currency. When you consider the enormous cost of energy required for mining and the immense potencial of blockchain technology as a whole , this seems to be a massive case of under – utilization. Not taking anything away from bitcoin as it has been a major success and still continues to be, there is a whole lot more to blockchain technology than payment processing.
The ARCEE blockchain is realization of the immense potencial of blockchain technology. It is not only has all the features of a cryptocurrency, it also has the ability to support a whole host of financial, crowdfunding, and governance application within its core framework. ARCEE goes beyond traditional cryptocurrencies by providing modular toolsets which empower users to build other technological protocols that can be run directly on the ARCEE blockchain. What this mean is that participants on the ARC nextwork have the freedom to create other digital currencies, currency exchange services, online voting protocols, and event set up decentralized autonomous organizations with many lavered functions and applications.
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