A brand new world on top of the current one
The world of technology has been completely out of control in terms of development and innovating. If you told someone just 20 years ago about what we have at our disposal today, there is no way they would believe anything you said. The quality of current video games is almost incomparable to the first ones. But another field of technology that is related to gaming that has also seen a huge increase in quality and usability, is virtual reality and augmented reality. Virtual reality allows you to enter a whole new digital world from anywhere in the world but augmented reality allows you to explore a new digital world on top of the current world. To find specific digital lands, creations or experiences, you have to visit the physical location they are bound to, which brings a whole new aspect to exploration. One of the projects that have identified a use for this technology is Arcona. Together with the application of blockchain technology and smart contracts, they are creating an ecosystem where individuals or companies are able to purchase and own a piece of digital land. When people visit the physical location the digital land is bound to, they will be able to see and explore the digital content through mobile smart devices, smart glasses or anything else that can access the augmented reality. Everything related to the process of buying or selling a piece of digital land is powered by Arcona’s very own ERC20 token, the ARCONA token.
Potential use cases for a piece of digital land
You might wonder, what would a piece of digital land be used for? Well, it obviously depends on who owns it and what the motive is. Artists might want to express themselves through a whole new kind of artwork while companies could create an engaging environment that drives traffic and popularity to their company. However, there are unlimited opportunities to what you could use your digital land for. You could also rent out or sell your digital land to someone else which automatically creates a competitive market as there always is someone trying to make a profit by buying and selling. If you create a very popular piece of digital content, you could earn some extra crypto on the side as royalties are automatically distributed to the rightful owners. Depending on where the physical location of your digital land is, the price will obviously vary. Some locations have a lot more people and tourists visiting, which creates a great opportunity for companies to buy the land and create something that advertises their product and or service. To develop your very own digital land, you don’t even have to visit the physical location of it, so your creativity is your only limitation!
To fund their project, Arcona is raising funds through an initial coin offering (ICO), selling their ERC20 token ARCONA. The ARCONA token will be used to facilitate all kinds of transactions within the Arcona ecosystem.
The token sale is going right now, but it ends very soon (the 15th of May), so hurry up and get your hands on some ARCONA tokens if you want to participate.
1 ARCONA = 0.0025 ETH / 400 ARCONA = 1 ETH
- The maximum amount of tokens minted is 135,000,000 ARCONA
- A maximum of 81,000,000 ARCONA will be for sale during the ICO
- Hard cap is 25,000,000 ETH
- Soft cap is 2,746 ETH
To learn more about the team and their advisors, visit the official website at: https://www.arcona.io or read their whitepaper here: https://www.arcona.io/doc/arcona_white_paper_en_3.pdf
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
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