Arcona ARCONA
About
What Is Arcona (ARCONA)?
Arcona (ARCONA) is a computer vision company building a global Augmented Reality (AR) layer called Digital Land, that enables creators and entrepreneurs to launch interactive 3D experiences in real-life landscapes around the world.
The project aims to lower the threshold for entering the AR space and provides an affordable, efficient and easy way to place 3D multimedia content onto physical locations. Arcona frequently works with companies engaged in gaming, historical reconstructions, education and tourism.
The platform’s naitive utility token ARCONA serves to maintain the economy inside of the ecosystem and can be used to purchase Digital Land plots, software development services, advertising and creative 3D content on Arcona's marketplace.
The first ARCONA token sale was held in August 2020. According to the project’s official whitepaper, the company was founded in 2018 in Saint-Petersburg, Russia.
Who Are the Founders of Arcona?
Ilya Korguzalov is the project leader and co-founder of Arcona (ARCONA). An experienced entrepreneur with extensive background in AR, he previously co-founded Piligrim XXI — the first ever Russian IT company to enter the international AR market for the travel industry.
Diana Sorina is a co-founder of Arcona and Piligrim XXI. Holding a degree in economics, she possesses more than a decade of experience in marketing, sales and PR.
Aleksandr Emilianov is the third co-founder, as well as the research and development lead of Arcona. He holds a Ph.D. in Computer Science and Engineering from University of West Bohemia, Plzen, Czech Republic and has a background in software development and computer vision technology.
What Makes Arcona Unique?
Arcona (ARCONA) creates a global augmented reality layer that unites the real and virtual world into a single information space. Digital Land plots are represented on the platform as ERC-721 non-fungible tokens (NFTs) with their smart contract containing information regarding current and previous owners, geographic coordinates and identification number.
As a global information layer and a complex technology solution built with artificial intelligence, neural networks and geographic information system (GIS), Arcona claims to be able to provide developers with an opportunity to launch location-based AR projects remotely, without the need to scan the chosen environment on-site.
The platform has developed an original AR library called Arcona Core that supports both indoor and outdoor usage scenarios, even in low-light conditions. Moreover, Arcona Core boasts a multi-user AR experience. As a cross-platform solution, Arcona Core is compatible with both Android and IOS devices.
As stated on the official website, Arcona is able to provide highly accurate distance measurements and object placement through use of SLAM (Simultaneous localization and mapping) technology combined with fast and robust line detection. SLAM is an autonomous navigation algorithm used for mapping the physical area while simultaneously keeping track of the device’s location.
Arcona ecosystem aims to simplify the process of AR content creation and features a technology solution that does not require software development skills to design and launch an AR experience.
How Many Arcona Coins Are There in Circulation?
The maximum supply of ARCONA (Arcona) is 15 million tokens. According to the official whitepaper, the allocation of ARCONA is as follows:
- 20% is held by the team
- 7% is given to advisors
- 2% is allocated for bounty
- 11% is in the reserve fund
- 60% of the token supply is for sale
How Is the Arcona Network Secured?
Can Arcona Hit $5?
ARCONA (Arcona) is trading at around $0.90 as of December 2021, so a price increase of around 5.5x is required to reach $5. As an augmented reality ecosystem, Arcona is currently part of one of the fastest growing industries in the world. Taking into account the success of the team’s previous project, Piligrim XXI, and the fact that the Arcona’s roadmap foreshadows future active development of the platform, the token price is likely to increase going forward.
Where Can You Buy Arcona?
Arcona (Arcona) is currently available for purchase on the following exchanges: PancakeSwap (V2), Bancor Network, 1inch Liquidity Protocol, Uniswap (V2), ProBit Global and Bilaxy.
New to cryptocurrency? You can read more about how to enter the market and how to buy ARCONA or any other token on CoinMarketCap’s education portal — Alexandria.
AI Analysis
What is the Arcona (ARCONA) cryptocurrency good for? What are its main use cases?
Arcona (ARCONA) is a cryptocurrency designed for the decentralized digital economy, with a specific focus on the integration of augmented reality (AR) and virtual reality (VR) technologies. Its main use cases include:
Augmented Reality Environment Creation: Arcona allows users to create, share, and monetize AR content. The platform enables developers and creators to design digital assets and experiences that can be overlaid in real-world locations.
Digital Real Estate: Users can purchase and own virtual land in the Arcona ecosystem. This virtual land can be developed with AR applications and experiences, allowing for monetization through advertising or experiences.
Marketplace for AR Content: Arcona provides a marketplace where users can buy and sell AR applications, assets, and experiences. This creates a community of developers and users who can exchange content within the ecosystem.
Cross-Platform Integration: The Arcona ecosystem supports various AR devices and platforms, allowing for a broader reach and usability of content created within the environment, which can enhance both user engagement and creator opportunities.
Advertising and Marketing Opportunities: Businesses can leverage the platform to create augmented reality marketing campaigns, enhancing brand visibility and engagement in innovative ways.
Community Building: Arcona fosters a community of AR enthusiasts, developers, and users, enabling collaboration and interaction within the ecosystem.
Through these use cases, Arcona aims to disrupt traditional industries by blending the physical and digital worlds, providing new opportunities for value creation and interaction in augmented reality environments.
What blockchain does Arcona use? Is it its own blockchain or built on top of another?
Arcona is built on the Ethereum blockchain. It utilizes Ethereum's capabilities for smart contracts and decentralized applications, which allows Arcona to facilitate its augmented reality platform and economy. This means that Arcona operates on Ethereum rather than having its own independent blockchain.
Is Arcona programmable? Does it support smart contracts or decentralized applications?
Arcona is a platform that focuses on augmented reality (AR) and the digital representation of the physical world through digital twins. While it integrates blockchain technology to secure ownership and transactions related to digital assets, its primary purpose is not as a general-purpose programmable blockchain like Ethereum.
The platform does not inherently support smart contracts or decentralized applications (dApps) in the same way that platforms like Ethereum or Binance Smart Chain do. Instead, it functions more as a specialized ecosystem for AR content creation, distribution, and interaction.
If you're looking for programmability and the ability to create smart contracts, you may want to explore other blockchain platforms specifically designed for those purposes. However, Arcona could potentially have its own specific mechanisms for handling transactions and asset management within its ecosystem.
How fast are Arcona transactions? What is the typical confirmation time and throughput (transactions per second)?
As of my last update in October 2023, Arcona is a blockchain platform designed for decentralized augmented reality and related applications. However, specific details about its transaction speed, confirmation time, and throughput can vary based on network conditions and updates to the protocol.
Typically, blockchain transaction speeds can range widely depending on the underlying technology, consensus mechanisms, and network load.
For precise and up-to-date information regarding Arcona's transaction speed, confirmation times, and throughput (transactions per second), I recommend checking the official Arcona documentation, their website, or community forums. This will give you the most accurate snapshot of their current performance metrics.
How much data can I store on the Arcona blockchain? Does it support on-chain data storage?
As of my last knowledge update in October 2023, Arcona is primarily a platform focused on augmented reality (AR), digital assets, and spatial computing. The Arcona blockchain is designed to facilitate the management and ownership of digital assets in AR environments.
Regarding data storage, most blockchains, including those used by projects similar to Arcona, have limitations on the amount of data that can be stored directly on-chain. This is because storing large amounts of data on the blockchain can lead to scalability issues and increased costs.
Arcona typically utilizes off-chain storage solutions for larger data components, while the blockchain may store metadata, hashes, or references to that data. This approach allows the platform to maintain efficiency and cost-effectiveness in handling AR applications.
For exact details on data storage capacities and methods specific to Arcona, I recommend checking official Arcona documentation or their community resources, as these details could change over time and may have been updated after my last training cut-off.
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