ARCSPrice

(ARX)

ARCS 1.0 originally focused on a 'Data Bank' concept where users received rewards for sharing personal data. ARCS 2.0 represents a significant evolution toward Real-World Assets (RWA). This updated model integrates blockchain technology with physical properties, such as luxury vacation rentals and traditional Japanese homes. By partnering with the SSG Group, the project now bridges the gap between digital assets and tangible real estate, creating a more comprehensive Web3 ecosystem.

AIre is the underlying platform designed for secure data management and storage. It is built on the principle of data sovereignty, giving individuals full ownership of their personal information. Rather than allowing large corporations to collect and profit from data for free, AIre enables users to securely manage and monetize their own information, ensuring they are fairly compensated for their contributions to the ecosystem.

The ARX token supply underwent a major restructuring to improve transparency and distribution. While the original supply was 20 billion, a massive burn event in May 2021 reduced the total supply to 5 billion. This move was designed to increase the circulating supply ratio and ensure a more decentralized distribution, as the project team previously held a significant majority of the tokens.

ARX serves several key functions within the ecosystem. It can be used as a payment method to secure discounted rates for hotel bookings and accommodations under the SSG Group. Additionally, users earn ARX as rewards for providing anonymized travel data or engaging in ecosystem activities. The token also features a governance component where users can lock their tokens for veARX to vote on protocol parameters and reward distributions.

The project utilizes a staking model through a Stability Pool and a governance system called veARX. Users can lock their ARX tokens to receive veARX, which provides voting power over the protocol's future and reward emissions. The staking yields are variable and depend on factors like ecosystem activity and token emissions. While providing a way to participate in the network, staking involves interacting with audited smart contracts within the DeFi framework.

ARX is available for trading on major digital asset exchanges, including LBank. As an ERC-20 token on the Ethereum network, it can be managed using compatible wallets like MetaMask. Users should manually import the token using the official contract address: 0x7d8daff6d70cead12c6f077048552cf89130a2b1. It is critical to verify the contract address on the exchange before making deposits to ensure the safety of the transaction.