IBMR to Launch ARCC Macroeconomic Stablecoin on Cobinhood Exchange
IBMR.io has just gone ahead to announce that the crypto service platform referred to as the COBINHOOD will help and advice in the new launch of the IBMR.io macro-economic stable coin, one that they have called the ARCC, Asia Reserve Currency Coin.
This is not all, with the partnership in place COBINHOOD will be made as to the official exchange partner for the ARCC, and from here the token will be listed on the COBINHOOD platform within the first month when it gets officially released.
The IBMR.io; Also Referred To As The International Blockchain Monetary Reserve
It has been established as a social, economic development reserve plus an advisory platform that has been able to empower the working class within the emerging markets.
All this is to ensure they have empowered several individuals in the urban areas to be the agent of change we hope to see in the market.
The reserve was found with a primary mission of creating new decentralized development structures with the use of Social Proof of Work, one that has been able to promote finical inclusion; this has been achieved through the incentivization of different individuals.
What You Should Expect From The Launch
The launch of the ARCC has been designed to have four stages. The stages include the presale, then the initial token raise, and then they have developed the 1st stage for the continuous mint, then the 2nd stage of the continuous mint. All this seems very interesting for the investors in the market; thus, you should expect to see the launch taking place in the third quarter on the COBINHOOD platform.
With the partnership they have put in place, it will allow both entities to grow within the crypto space, and also be able to create the needed shift by proper utilization of the blockchain technology and for social good.
With the anticipation of the launch led the director of business development form COBINHOOD to comment.
“Leveraging blockchain technology to empower the world is what we believe in,
“said Huan Chou, Business Development Director of COBINHOOD. “We are excited to assist IBMR.io in the launch of their utility token, ARCC, to uplift the standard and quality of living for the people in these communities.”
“We're excited to enter this strategic partnership with COBINHOOD and launch ARCC with the help of one of the most secure crypto exchanges in the world,” said Sinjin David Jung, founder and Managing Director at IBMR.io. “We look forward to working together to achieve our mission of establishing structural financial inclusion to failing emerging markets.”
The ARCC; A Stable Coin That Will Offer The Needed Difference Within The Market
The token has been built on a decentralized network and designed as a stable microeconomic coin that is aiming at being the crypto reserve that has been backed by the socio-economic currency and network.
With this token the company is planning on having an instant widespread impact; this is through the entrepreneurial empowerment that the coin is able to offer within the decentralized financial system.
The primary goal behind the establishment of the token is to ensure it is able to solve the inefficiencies that exist in the infrastructures; all this will be done by reducing on corruption levels with the use of finical inclusion within the urban working class.