Hong Kong Crypto Exchange Gatecoin Lists The Arcona Augmented Token
Gatecoin, a Hon Kong based cryptocurrency exchange recently added Arcona tokens to the portfolio of digital assets supported on its platform. Interested Arcona buyers will now be able to exchange Bitcoin or Ethereum and acquire the token via Gatecoin. Arcona’s platform deals with the augmented reality technology, the network links blockchain and AR to improve the effects on reality objects.
— Gatecoin (@Gatecoin) September 18, 2018
With the new developments in AR technology, Arcona’s ecosystem aims to capitalize on this industry by linking participants with the necessary information. Four years ago, the world’s pioneer AR park launch was opened by Arcona in Ludza. This move saw the number of tourists in the area increase by a significant 30% and now receiving an approximate 60,000 tourists within a year. Arcona’s operations later scaled to other regions mostly in Europe, its presence is felt in 6 countries where it has launched Augmented Reality parks.
Arcona is now on the path to leverage the famous blockchain technology just like major financial institutions are working on behind the scenes. The Arcona ecosystem creates a platform where AR experiences and services can be sold via its native token.
In order to achieve its goal, the AR platform plans to develop ‘Digital Land’ which will be an AR layer supporting the building of Augmented Reality oriented applications for sectors like advertising & gaming. Thus, the Arcona network participants will use ‘Digital Land’ for interactions and transactions with an overseeing by smart contracts. This will ensure that a fair ecosystem is sustained hence respect for the involved rights.
The Arcona Token
Blockchain projects in the modern day have ended up developing a native token to power the network operations. Arcona’s native token is the product to ensure this ecosystem runs efficiently, it will be used for various functions within the network. The services offered by the Arcona platform whose functionality will be powered by the native token include; participation voting rights, advertising, stock exchange and land auctions.
Basically, the Arcona ecosystem provides an AR layer ‘Digital Land’ where participants can be able to make contributions to the networks operations via peer-to-peer communications. Furthermore, digital asset ownership security is guaranteed by smart contracts and HODLers can earn revenue from active participation.