In the world of cryptocurrency, having the ability to make quick connections is incredibly important. There are many different vendors out there but why use 10 different places to try out different types of crypto?
If you could have one location that connects to most of the options in one place, would you use it? Forget the struggle for liquidity or even accessibility. Those problems are no more. In the world of ARC, they took all of those downsides to investing in cryptocurrency and formed their own compilation that makes it so much more user-friendly and welcoming.
What Is ARC (formerly DEPO)?
When ARC looked at the investment market, they saw a myriad of different exchanges and options. The first thing that stuck out to us was that all of these cryptocurrency providers are actively competing against each other. It’s really counterintuitive when you think about it.
So rather than make you open different accounts with different exchanges to try out the options, they found a way to compile them all in one place. They took those different exchanges and made an aggregate database. It’s all in one place rather than having to go from place to place with different companies. You don’t even have to create an account with each exchange to enjoy ARC.
This allows you to use ARC to fully manage your portfolio in one single space. It’s all completely secure too. You’ve got a dashboard and then you have the whole crypto world right at your fingertips. It takes very little effort to work with crypto on the platform.
Common problems like liquidity, accessibility, and even scalability are no more.
Logistically speaking, ARC gives you crypto of all kinds in one single place. That includes various blockchains and exchanges.
ARC has a short history. Any company working with crypto does. However, they also have big plans for the future. They ended 2021 with the launch of an ambassador program and the release of market, swap, pools, bonds, and farm products.
They’ve already shared big plans for 2021, including releasing additional dashboard products, a tiered referral system, mobile platforms, institutional trading tools, and more. It will be interesting to see if they meet all of those goals.
ARC/DEPO Re-Branding
Depo is rebranded to Arc and with this rebrand there is a new token, $ARC. If you purchased $DEPO prior to March 8th, 2022 a snapshot was taken and token holders received an Airdrop of Arc as a 1:1. The new Arc token contract address is: 0xC82E3dB60A52CF7529253b4eC688f631aad9e7c2
DEPO REBRANDING INITIATIVE
⁰$ARC is being airdropped to replace $DEPO⁰
Liquidity is being moved to the new contracthttps://t.co/SlThum4Nz0 pic.twitter.com/GQI5Dbv0Fe— ARC (previously DePo) (@DeFi_ARC) March 8, 2022
What Is ARC Token?
ARC also has their own DeFi and other products in the stakes. The ARCtoken was created with an intuitive background. The goal was a choice that would be strong and solid. This brings you something that you can be confident in.
The ARC token is $ARC. It’s pretty easy to find!
Here is a bit more about the token that you should be familiar with.
Token Management
ARC tokens have a fixed cap in an effort to take a long-term approach. The management approach locks up 30% of the supply in Unicrypt. That locked period is 12 months. You can refer to Unicrypt to see the dollar amount locked. You can also view the history and trends so you have full disclosure.
The fixed cap with token management is set at one billion tokens.
Buying/Holding
ARC token is easy to buy and hold. You follow a swap process and it is totally under your control. You can use our recommendation of taking advantage of the MetaMask wallet but you can also use a different selection if you prefer.
ARC investors are growing.
Revenue
$ARC tokens can earn income and actually produce from multiple revenue streams. You just stake on ARC tokens and then let it do the work. With ARC stake, you can experience a 50% revenue share. There is also a referral system in the works that can provide additional revenue in the future.
Audit Compliance
ARC takes their token seriously. Every contract that they take part in undergoes a stringent audit process in order to qualify. The goal is to make sure things are compliant but also secure. The company uses Cyber Unit and Safe Solidity to complete thorough reviews of each contract.
How ARC Works
ARC is really interesting. You ultimately use one dashboard and location to access a whole world of crypto products. In most cases, you have to go to individual accounts and individual platforms for each of those. They compete against each other and it makes it hard for you to keep up if you want to be actively invested and finding the best options.
Where ARC itself is a penny crypto, they’ve taken the market by creating a multi-market of sorts. The market aggregates so you get holistic access. This makes it so much more scalable and accessible to make movements on a whim or simultaneously.
Honestly, this just might be the opening door that brings cryptocurrency to an institutional level, rather than holding it in an individual space. This is the first company to create a decentralized market that aggregates your options in this capacity.
And ARC covered all of the bases. It’s more than just one cryptocurrency. You’ve got access to varying crypto, blockchains, exchanges, NFTs, and even DeFi products as well.
ARC lets you handle all of your crypto business in one place, through a simple dashboard.
Basically, ARC uses technology known as SOR, or smart order routing. It’s completely automated but the system will manage orders looking at all of the markets at one time. This allows buyers and sellers to get the best deal across the board. When you make a trade, it goes out to all of the markets for the best price.
How To Use ARC
ARC is in the works of offering mobile compatibility and a mobile interface. Right now, it works best if you use a computer or tablet. That is probably the biggest downside but just know that mobile compatibility is in the works and expected to be introduced in the first quarter of 2022.
In fact, they plan to even be compatible with wallets at some point. Currently, it operates primarily on Chrome but other browsers are in the works along with the other compatibility details.
When you use ARC, you no longer have to create accounts at all of these different places. You access them just through your ARC account. You don’t have to have any other accounts to access what they have on the market.
To use ARC if you already have other accounts, you just need an API key for each of those. You can add them into your ARC account to keep everything in one place. The platform is really easy to use and gives you a consolidated view.
The view will show your portfolio and give you the ability to trade, buy, or sell right from the dashboard. You can do everything right there once you get set up.
What Makes ARC Special?
In the world of cryptocurrency, many of the options seem exactly the same. Of course, just like stocks, they all have ups and downs and some are better than others. ARC has their own token. The thing is that they have a unique design.
While you can purchase the $ARC token, you can also use their platform to buy, sell, or trade literally anything else out there. It covers all of the exchanges and blockchains in one simple place.
This is a groundbreaking advancement and they are the first company that has brought this solution to the forefront. Thanks to their idea to aggregate the market and make it more accessible, more awareness has been brought to the challenges of working with multiple different exchanges and options.
This is the only company that has made these steps so far, which is the exact definition of special really. They have big plans for the future, including the intention to break into institutional platforms. If they accomplish that, they just might make history.
It’s still new and there is much to be learned and figured out but ARC has already found a way to be set apart from all of the competitors in the market.
The Pros Of Using ARC
ARC is really quite unique. That in itself is the biggest pro you will find about the company. However, built into their unique approach are a bunch of benefits that require your attention. Take a look at these.
Easy To Use
ARC is really easy to navigate and use. Yes, you have to use Chrome and you have to get on a computer but once you’re there, they make it simple. You’ve got a dashboard where you can connect any accounts you already had.
From that dashboard, you can do anything you need to do. You can research and you can make your transactions. The software aggregates and looks for the best price for every user.
Always A Good Price
One of the cool things about ARC is their use of SOR technology. We explained this briefly earlier but the basics are that when you make a transaction, the system seeks out the best price out there.
You don’t have to go find that yourself. When you decide what you want to do, you simply enter the request and let the system find you the very best price.
Everything In One Place
ARC is really special because they choose to be aggregating team players rather than simply being competitors with every other crypto on the market. That’s why their approach has been so well accepted. They have given traders the opportunity to have access to all of these different markets and exchanges in one simple location.
Again, you just head to your dashboard and it’s all there. You can even add the API for any other accounts that you already had before ARC came into your life.
Security
While this platform is open to tons of exchanges, it’s still very secure. They have security protocols in place and even follow an extensive auditing process before they contract with any given company.
The Cons Of Using ARC
As with any company, there are some cons to consider as well. We feel the pros far outweigh the cons but it’s only fair to cover both.
Still New
This is still fairly new and there is a lot to discover and be done. They have so far proven to be up to the task but it will be interesting to see where the future takes the company. They have a detailed timeline with their plans for the future listed out for all to see.
No Mobile Access
To date, there is no mobile access to ARC. You have to use Chrome and you have to use a computer for full compatibility. If you aren’t accessing through those, you are likely to just get frustrated.
The good news is that mobile compatibility and access should be coming very soon, as well as access through other browsers.
The ARC Team
ARC has a strong team that is made up of a group of professionals. Some of them come from the corporate world while others have been involved in the blockchain world for some time. Together, they bring strength and ingenuity.
Here is the basic team.
- TJ Dunham – Founder & CEO
- George Fox – COO
- Nick Ashley – CMO
- Ryan Kowalczyk – Community Manager
The team has a vision of making every crypto option readily available through one single platform on a global scale.
TJ Dunham is the initial founder of ARC. He comes from corporate management so he has a strong background in the business world and what it takes to operate. He also is familiar with finance, which only adds to his qualifications.
The rest of the team is highly-qualified in their own ways as well.
Conclusion
ARC does have some way to go but they have a track record of ingenuity already. Their idea to bring a market that was complicated and overwhelming to one place has taken the world by storm. While ARC has their own tokens, their goal was simply to provide a space that was easy to use and access with all of the options in one place.
They’ve certainly proven successful at doing this and the future looks promising.
John S. Logan has been working with cryptocurrency for nearly as long as it has been available on the market. With a professional background in the finance industry, he believes that blockchain technology, cryptocurrency, and decentralized finance play an important role in the future of the world.
