ArconaARCONA
$0.130
Market/Exchange
ARCONA Price Prediction and Price Movement
ARCONA is up 50.41 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of ARCONA can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, ARCONA has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on ARCONA's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Arcona Price Chart
About Arcona
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.
Related Pages:
Find out about VIBEHub (VIBE) — a technology platform with the capacity to create virtual reality marketplaces and hubs.
Check out Decentraland (MANA)— a virtual reality platform that allows users to create, experience, and monetize content and applications.
Look into Cappasity (CAPP) — a platform focused on providing 3D and VR/AR technologies for e-commerce.
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
The tokens allocated to the reserve fund are split as follows:
- 22% is set aside for software development
- 30% is assigned for marketing needs
- 10% is put away for general and administrative expenses
- 10% is allocated for sales
- 12% is kept to fund events and exhibitions
- 10% is set aside to finance partnership projects
- 6% went to other expenses
How Is the Arcona Network Secured?
ARCONA (Arcona) is an ERC-20 standard token deployed on the Ethereum network. In June 2021 the company launched ARCONA also on Binance Smart Chain (BSC) and Minter blockchain.
When Will Arcona Trading Begin?
ARCONA (Arcona) first became available for purchase in September 2020.
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.