Introducing the new Blockchain ICO ArcBlock

ArcBlock Born For Blockchain 3.0; Review

I am pretty much a newbie when it comes to crypto investing and my mentor always lays emphasis on DYOR (Doing Your Own Research). Amongst my research tools are websites like ‘smiths and crown’, ‘ico alert’ and my personal favorite ‘ico drops’. Going through the upcoming ICOs section on “Ico Drops” i came across a project which I thinks stands out from the rest, this project is ArcBlock.

What is ArcBlock?
Ever wonder how decentralized applications can be implemented successfully? Ever wondered the infrastructure on which this dapps are going to run? Is there a platform for this great Blockchain applications based projects to run fully decentralized?
ArcBlock is the answer to these questions and many more; it is a platform service to provide infrastructure for both the building and deploying of decentralized applications easily. ArcBlock goes beyond this by also connecting existing systems to Blockchain networks, which enables the automation of business processes using the data and identities associated with existing systems.
In other word utilizes Cloud Computing in solving problems with today’s Blockchain.
The world’s first Blockchain ecosystem for building and deploying decentralized applications (DAPPS)
ArcBlock aims to build a scalable, extensible, and easy-to-use platform for building and deploying decentralized Blockchain applications
Official website: https://arcblock.io

Why is ArcBlock needed?
The answer to this question lies in the problems ArcBlock is going to solve, and these problems includes; Poor performance of decentralized applications due to large number of concurrent users, Non consumer friendly Blockchain applications due to its technicalities, the Extremely high cost of developing, and using of Blockchain based applications, the problem of being stuck to a particular Blockchain platform and many more.
Answer;   ArcBlock solves these problems through its revolutionary new design. ArcBlock is a platform service, rather than a standalone software package or set of APIs. 

ArcBlock is an incentive-driven marketplace for reusable services, components, and even applications. “Miners” in ArcBlock platform not only bring computing resources, more over they help to build the platform together by providing reusable components, new services, and even ready to deploy applications. People who contributed resources or services will be rewarded with tokens to form a positive, self-growing platform that continues to evolve on its own.
Download Official Whitepaper

Why would I invest in ArcBlock? (Personal Evaluation)
What makes ArcBlock unique is that it’s not just a set of APIs or libraries—it’s a robust platform with a full set of features. In addition, the service runs on top of its own native token system, which is driven by latest Blockchain technology.
Apart from the technicalities there are certain markers I look into when researching a project and these markers includes but are not limited to; the technology, the team, the road map, the partners, the ICO structure and the social media presence. 
The Technology: the technology for me is both revolutionary and achievable; it may seem really technical but with the already working prototype, I think this is a Blockchain breakthrough. Maximum score here for me.
The Team: the team has just four people which for me is really questionable, so I am looking forward to another official release of team members profile with social media presence especially linkedn. Average score here but “fingers crossed”.
The Road Map: Studying the road map of ArcBlock gives insight into how serious a company this is and how devoted they are to delivering what has being promised. So far they have achieved the milestones on their roadmap and in due time.
Q1 2017 was the concept development and by Q4 2017 they have already achieved a complete prototype for the first end-to-end application built on top of Blockchain. For me, projects with already working prototypes stands out from other projects with only ideas no working prototype. Maximum score here from me.
The Partners: Tech partnership with CyberMiles, SAP and IBM as well as membership of Linux Foundation and Hyperledger for me is a big plus because these are companies with huge reputations to protect and would not support a project they don’t see to be reliable. Media partnerships with Bloomberg, Business Wire, Tech Crunch, Naver, Huffpost and Coindesk are also a big plus due to the level of influence and reputation of these media giants. So another maximum score here for me.
The ICO Structure: Token sales starts February 3 with a hard cap of $45 million. Ticker: ABT Token type: ERC20, Total Tokens: 186,000,000, ICO Token price: 1 ABT = 0.50 USD, Countries that can’t participate: USA, China, Canada and Korea. After analyzing the ICO structure, the taker for me is the firstly the price of the tokens and the hard cap. Maximum score here for me because I see real value for money.
Social Media Presence: ArcBlock’s social media presence is off the charts with over 30,000 Telegram subscribers, 9,000+ Twitter followers, on WeChat 8 groups and 7 full and 4,000+ Facebook followers. This in itself shows a worldwide reach and acceptance of this project and I must state that their social media admins “especially telegram” are really active and involved in conversations and answering of questions. Maximum score here for me as well.
Conclusion:
From my personal evaluation, the accrued score for ArcBlockTM is 92.85% which is very high by my standards and represents an awesome ICO.
This is a project I am really bullish about and I can see it doing conveniently a 10x in the first few months and possibly 100x in a year, and I am certainly going to HODL for a long time for great rewards.

Official
[ANN] thread: http://bit.ly/ABTANN

Disclaimer:
I am not a business adviser and this piece is not meant to be an investment advice. This is my personal Evaluation of a project I am really excited about. I recommend that you “DYOR” do your own research, join their Telegram channel, read their Whitepaper and consult your legal adviser before investing in any ICO as they all carry a level of risk. Thank you.

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