Summary of Arcona ICO. Union between virtual and real worlds
Arcona is an information space which integrates the virtual and real worlds into a single ecosystem.
Arcona is a unique platform for remote management of augmented reality. During its development and design architecture of ICO and blockchain technology were widely used. According to its creators, it will allow turning the project into a full-fledged ecosystem, which connects users and developers with P2P.
The basis of the project is a platform that provides the link between the layer augmented reality and natural markers on the earth’s surface that allows users to post and manage content. The creators of the project call this layer Digital land. It’s directly linked to the rear surface of the Earth using geospatial data.
The Digital land is limited to 12% of the surface of the Earth that people use. This asset is a commodity and the mainstay of the Arcona ecosystem economy. The infrastructure of the city includes a digital land registry and any other digital assets within the platform.
It’s built using blockchain technology and is a peer-to-peer network. Founders of the Arcona project plan to run the process of generating Digital land in 2019. Areas of the ten most important cities in the world will be digitized firstly, including New York, London, Paris, Tokyo, Beijing, Rome, Mexico city, Saint Petersburg, Istanbul, and Barcelona.
In the first half of 2018, before the platform launch, there will be presented the public release of ARViewer and market for the trading of tokens within the system.
The main service Arcona is a layer of augmented reality, which is called Digital land. This system provides access to the infrastructure of the development, containing 3D landscape of the Earth and functionality to create an environment of augmented reality.
A layer of augmented reality, designed to host the remote virtual objects will be divided into equal parts by one. The land will be traded for tokens Arcona.
One physical server can generate a plot about 200 x 200 meters in size. Each plot may support a limited number of simultaneously connected virtual and visual objects.
After gathering a pool of several land plots, it’s possible to increase the capacity of the servers using Arcona. Users will be able to combine a group of non-contiguous portions and transfer capacity of all plots into one. This solution allows the system to generate a layer of augmented reality and fully use the digital plots located outside of areas with heavy traffic.
Arcona economy is based on the generation of a layer of augmented reality. This is a limited digital asset described in smart contract Ethereum. It can be purchased for a token Arcona.
Users can remotely buy, manage, rent and sell their plots of the layer of augmented reality. Within their possessions, users can create, view, transmit, or sell the content of augmented reality. The user’s right to possession of the virtual land contract encoded in the blockchain with the registration number for each plot (100 m2) associated with a specific set of geographic coordinates.
Smart contract based on ERC20 used in Arcona to fix the rights of creators and owners of digital assets and to automate the payment system for use of intellectual property. The smart contract also encodes geographical data, the registry for digital land, the landowner identifiers, the registry for digital assets.
During the ICO, the holders of Arcona tokens will be able to choose and to reserve plots of land in the first 10 locations of the planet. The total number of tokens sold will reach 100mn.
Promising idea, detailed project plan, as well as excellent documentation make Arcona attractive issue for potential investors worldwide.
Token Lab Index Arcona – tokenlab.info/currencies/arcona