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Venezuela, Venezuela, Caripito.
4 Level
671 Review
3979 Karma

Review on ARCS by Jose Palma

Revainrating 3 out of 5

ARCS (ARX), a token for accessing data storage services, is a decentralized trading and rewards token.

ARCS (ARX), is based on a project of the blockchain world and for the banking sector, being a project that guarantees storage services and data management for the financial or banking sector, it is still under construction and development of its ecosystem. ARCS, is developing a whole ecosystem for data management and storage, thus ensuring comprehensive security, encryption and good administration, likewise integrate tokenization in its system, has developed a good reward system in which you can get tokens for the good use of services or for making data storage. ARCS (ARX), represents finance within the ecosystem, this is presented in various decentralized trading platforms, being a token easy to trade, is supported in the various Ethereum network wallets, guarantees fast transactions, will work as a payment method token, allowing to pay for services within the ARCS platform, similarly its ecosystem will integrate broad technology, community governance, allowing users to make decisions within the ecosystem based on its good development.

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Pros
  • It has good trading and is present in popular decentralized exchanges.
  • It will ensure good access to banking data storage and management services, with a network that is secure, scalable and fast.
  • It will integrate into the ecosystem a good system of incentives for registering data or for the use of services.
  • It has developed a good approach to its technical document.
Cons
  • Has not integrated more items for new innovations in its roadmap.
  • No development of a set of applications for the platform or own wallet.