ARCC - ASIA RESERVECURRENCY COIN

We will provide Article to present the “ARRC” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

The problem that this project is solving is the economic development of corrupt emerging markets. More than a complex issue, corruption is usually the unsaid elephant in the room that is avoided because of the scale and scope of the problem. Yet, without addressing systemic corruption, all other types of economic aid and policy are rendered ineffective for long-term change. Contrary to reports otherwise, the growth in these emerging markets does not translate into greater standards of living for the majority of the urban populations, namely the urban working poor. But by directly addressing the corruption that affects the urban working poor as well as providing an inclusive economic framework for long-term capital gain and entrepreneurial investment, the cycle of wealth disparity and poverty can be broken.

The hope of joining the This project is very big for us, before you join it will be better if you understand the project besides it will add to your insight and improve information for you especially understanding the project’s vision and mission so that it adds to your trust in.

Video Introduction ARCC : 

ARCC is solving the economic development of corrupt emerging markets. More than a complex issue, corruption is usually the unsaid elephant in the room that is avoided because of the scale and scope of the problem. Yet, without addressing systemic corruption, all other types of economic aid and policy are rendered ineffective for long-term change. Contrary to reports otherwise, the growth in these emerging markets does not translate into greater standards of living for the majority of the urban populations, namely the urban working poor. But by directly addressing the corruption that affects the urban working poor as well as providing an inclusive economic framework for long-term capital gain and entrepreneurial investment, the cycle of wealth disparity and poverty can be broken.

ARCC define the problem that ARCC is solving as the economic development in failing emerging markets. This model identifies the reduction of systemic corruption as well as a need for access to debt-free capital as the prime factors to be addressed. The resolution of the combination of these two factors leads to an increase in long-term urban productivity.

ARCC first establish a ‘Social Proof of Work’ network which works as a decentralized information network that aggregates socio-economic data by the users who identify points of urban systemic corruption. Users participate in a wide range of socioeconomic surveys as well as report on points of urban corruption. This information is further verified by other users, and a ompleted outline and scope of systemic urban corruption can be mapped. This exposure is the first step in creating a counter political mandate for governments to ecognize and consider over that of the economic elite. The ‘Social Proof of Work’ network is maintained through the issuance of ‘ARCC’, Asia Reserve Currency Coin as an incentive. ARCC is structured as a macroeconomic tablecoin ‘crypto-reserve currency’ for it to act as a long-term regional ‘micro asset’ as well as a constant incentive for network participation. The objective is to provide socio-economic mobility for the urban working poor in emerging markets by exposing corruption and empowering their entrepreneurial capabilities through financial inclusion.

MISSION

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 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 that 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, Asia Reserve Currency Coin, 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.

FUNCTIONALITY

• SOCIAL PROOF OF WORK MINING
• SOCIO-ECONOMIC PRIZE SPONSORSHIP
• ENTREPRENEURIAL GRANTS
• ASSET MANAGEMENT PLATFORM
• SOCIAL IMPACT STAKING COMMUNITY PROGRAM
• BASIC INSURANCE BASED ON ARCC HOLDINGS
• P2P INVESTMENT PLATFORM
• CHARITY LOTTERY DONATION PLATFORM

ADVANTAGES

In addition to fighting corruption, ARCC will also be able to encourage the poor for their assistance in uploading data to the ARCC data system. That is, anyone has the opportunity to upload service data to ARCC or to identify geographical points of corruption on the map and receive an award in the form of an internal token (ARCC).

The downloaded data in the ARCC carefully checked on the true cost of cartel rents, but if there is a mismatch, it means the app ARCC and other media is the awareness about the most corrupt person. This method intends to stimulate the public mandate and support the poor class of residents.

ICO DETAIL

Not only the platform itself, but also the regional cryptocurrency (ARCC)intends to support the poor class of residents. The decentralized economic model of IBMR, which is officially registered in Singapore, intends to provide this cryptocurrency reserve. I would also like to mention a very unusual phenomenon, which I have never met before. It turns out that the development team intends to mint coins for the next 40 years, releasing an annual portion of tokens. This method will help to regulate the monetary policy mandate throughout the South-East Asia region.

TOKEN ALOCATION

Notes:
(a) ARCC adoption in the emerging target markets would be done via an initial airdrop. Awareness of the airdrop would be done through mainstream media channels (newspaper, TV, and social media).
(b) The airdrop allocation amounts will be distributed on a proportional basis to the urban population of each of the target markets. The ARCC Social Proof of Work Allocation Pool will also be divided by the same proportional urban population basis.
© The Currency Reserve will hold the 38% of the initial token raise mint, but any excess coin that has not contributed or is deemed detrimental to the monetary policy will be burned at the end of the fiscal year.
(d) The ARCC allotted for Regional Investments will be invested as ARCC and/or exchanged on secondary exchange markets before investment. The exchanging of ARCC and the exchange schedule in these cases will be publicly announced and done in scheduled increments so as not to disrupt the markets.
(e) The ARCC received by the Management & Operations will be vested after 1 year. In case of any budgetary shortfall, the ARCC allotted for Management & Operations will be exchanged for operational funding. Any remaining ARCC will still be held to the 1-year vesting date.

Remarks: It is important to acknowledge that any ARCC held within the currency reserve will be under consideration to burn out of supply (circulating or otherwise) if the holding of such excess coins is not in line with our monetary policy targets.

ROADMAP

TEAM

ADVISOR

PARTNERS

COBINHOOD is one of the world’s fastest growing crypto-exchanges known for its high-performance technology and newest industry trading features and promotions. It was the world’s first ‘zero fee trading’ crypto exchange. It has been growing 50% month on month for the past year and has listed some of the top new coins in 2018. ARCC is more than just another token listing on COBINHOOD, but will be partnering with them on an operational level as well. As a partner, COBINHOOD will be listing ARCC as soon as the token sale is completed and will be working hand-in-hand on the technical aspects of the token sale itself. COBINHOOD is a visionary company which wants to change the world through blockchain technology and beyond its exchange COBINHOOD has also launched its own coin, COB, as well being in development for its own blockchain DEXON.

For More Information You Can Visit Link Below :

Website: https://ibmr.io/
Whitepaper: https://ibmr.io/wp-content/uploads/2019/01/ARCC-WHITE-PAPER-v12.5-Final-2019.pdf
Facebook: https://www.facebook.com/AsiaReserveCurrencyCoin/
Twitter: https://twitter.com/ARCC_IBMR
Telegram group: https://t.me/arccenglish
Reddit: https://www.reddit.com/r/ARCCtoken/
Medium: https://medium.com/@asiareservecurrencycoin

Author : Letty sits
profilr link : https://bitcointalk.org/index.php?action=profile;u=1856247