ARPA

ARPA product is relevant to different markets. Its secure computation network enables 1) private smart contracts, 2) privacy protection for data sharing, 3) scalable computational sharding and its verification. So ARPA may appear as a mix of the decentralized cloud computing network and secure data sharing protocol. Both of these segments face different competition. We outlined in other our reports that the blockchain may have a relevant application in the cloud computing industry, but there are too many projects on the radar this year: Ankr, Cartesi, Solana, DeepCloud AI, HyperNet, Uranus, Covalent, Hadron, Perlin, Oasis Labs, Dfinity, Amino and so on. And the second layer of ARPA - data sharing protocol - appears to highlight the project among competitors. Here we see fewer competitors: Dusk Network, Origo, Skrumble, Orchid Protocol, Mainframe. To sum up, ARPA enters the attractive markets with the potentially strong offering, but strong competitors must be noted and followed.

ARPA promises to solve significantly difficult problems of multi-computations and security
But, there is no prototype and whitepaper. Mainnet release may be considered as late - Q2 2018. The core technology is only to be released in Q1 2020

ARPA develops its own token with use cases still not announced yet.

Financial info is not announced yet.A few investors must be mentioned: GBIC, Arrington, Connect Capital, Ledger Capital.

Lack of legal and marketing specialists and strong managers with the proven track record in successful projects.

Use Case: Privacy-Preserving Computation Network
Remarks: ICO price TBC(Using hardcap/total sale token)