Topic: [ANN] ARC Reserve Currency - fully regulated, asset-backed StableCoin - ICO LIVE (Read 412 times)

Hi Kickstarter,
AAA reserve does indeed incorporate inflation, by using the average inflation rate over the last 10 years of the G10 countries and manipulating the returns of fixed income assets backing the coin (plus a premium) we are able to nullify inflation.

Thanks for your support!

Hi ZellaAnders,
AAA reserve does indeed incorporate inflation, by using the average inflation rate over the last 10 years of the G10 countries and manipulating the returns of fixed income assets backing the coin (plus a premium) we are able to nullify inflation.

Thanks for your support!

Incorporating the average inflation rate? That's something I haven't seen before when it comes to crypto projects. You know what, that alone is able to convince me that your coin is worth it. The social implications side of it is straight-up vital to me.

Incorporating the average inflation rate? That's something I haven't seen before when it comes to crypto projects. You know what, that alone is able to convince me that your coin is worth it. The social implications side of it is straight-up vital to me.

UPDATE for ARC reserve currency- We are now branded as AAA reserve currency (www.AAAreserve.com) due to ticker conflicts. See below.

Nomenclature
AAA Reserve Currency - the branding for the cryptocurrency

AAA - the ticker for the cryptocurrency

AAA coin - the short version for the cryptocurrency

$AAA - another short version for the cryptocurrency

Arc Coin and Arc Reserve Currency - the legal reference for AAA Reserve Currency as defined in the Information Memorandum and associated documents

As an update for the project we have now finished our alpha phase of price discovery and despite relatively big fiat currency fluctuations the coin has performed well: Its 3x more stable than USD (https://medium.com/arc-blog/aaa-reserve-is-3x-more-stable-than-usd-5264ecaa4ea9)

We are now in the process of aggressively marketing our 'stable coin' within the crypto space and are currently in communication with several  exchanges in regard to a potential listing.
AAA reserve can add value to exchanges by serving as an effective fiat-to-crypto bridge. This enables:
•   more trading activity on exchanges (as clients remain in crypto rather than trade back into fiat)
•   on-boarding more clients (including newcomers looking for an easy entry point from fiat to crypto); and
•   reduced administration and operations for the exchange (less fiat bank accounts and fiat pairs).
Furthermore, since AAA reserve is backed by a number of fiat currencies not just pegged to 1 as the case for most other stable coins this gives us an unparalleled advantage at accepting a large number of currencies and effective fiat trading between them and cryptocurrencies on exchanges.

We are also talking to a number of ICOs who are planning to use AAA reserve as a medium for their ICO. This enables them to accept fiat as well as cryptocurrencies without the need for bank accounts (https://medium.com/arc-blog/how-to-accept-fiat-subscriptions-for-your-ico-9dcf97fef25d) this should increase there ICO revenue.  AAA can be used either via white label or directly through sending AAA and in doing so we also offer to conduct KYC/AML on their behalf to comply with regulatory requirements.

The team is also expanding so look forward to seeing a lot more activity from us in the crypto space.

Any questions contact the team at [email protected]

Dr Garrick Hileman - co-founder of ARC Reserve Currency cited in the Telegraph discussing whether Bitcoin or any other cryptocurrency can work as money  - http://www.telegraph.co.uk/investing/news/can-bitcoin-cryptocurrency-actually-work-money/

https://international-adviser.com/offshore-centres-battle-bitcoins/

Thank you very much for your support. The ICO is now live head over to www.arccy.org to find out more 

Sounds like a realy solid project, im looking forward to it

Announcement from invezz: http://invezz.com/news/crypto/28716-upcoming-ico-channel-island-ico-targets-five-mil

Announcement from institutional asset managers: https://www.institutionalassetmanager.co.uk/2017/12/18/259426/carey-olsen-and-jtc-advise-arc-fiduciary-jerseys-first-ico

Garrick Hileman (co-founder of ARC) commenting on the major roadblocks stopping Bitcoin from becoming a mainstream currency - http://uk.businessinsider.com/what-is-stopping-bitcoin-from-becoming-mainstream-currency-finance-tech-2017-12

Regulation in jersey - https://www.hedgeweek.com/2017/12/18/259426/carey-olsen-and-jtc-advise-arc-fiduciary-jerseys-first-ico

IBS Intelligence covering ARC-

https://ibsintelligence.com/ibs-journal/new-crypto-arc-launched-stablecoin-backed-assets-able-rate-currency-inflation/

Cryptoninjas covering the ICO of ARC:

https://www.cryptoninjas.net/2017/12/14/arc-cambridge-research-fellow-dr-garrick-hileman-launches-new-stablecoin/

Thanks for your support! 

Thank you for your comment.

We are not sure what our ticker will be yet - this will decided in conjunction with exchanges. Further updates will follow, but it unlikely to be 'ARC' - there are already two crypto's with ARC ticker.

Re Proof of Stake:
There are three test that need to be met for Arc coin to be successfully issued (please see technical paper for further details):
 - Proof of Identity - KYC/AML and regulatory approval checks on the purchaser
 - Proof of Funds - to ensure the purchaser has sent sufficient funds, and to confirm this is amount
 - Proof of Reserves - to confirm the NAV per coin - which sets the subscription price

We hope this answers your query.
 

Hello, thanks for your comment.

Information on our bounty program can be found on the bounty thread - https://bitcointalksearch.org/topic/bountyicoann-bounty-programme-for-arc-reserve-currency-a-stablecoin-2526877

If you require any further information drop me a PM.

Thanks 

Hi blink_stun,

Thank you for your comment.

Absolutely, I can completely understand your caution with there being a prevalence of scam coins around. As a note, ARC is a fully-regulated ICO, the first regulated ICO out of Jersey. Two press releases from our advisors:

JTC and Carey Olson:

https://www.jtcgroup.com/articles/jtc-and-carey-olsen-have-advised-arc-fiduciary-ltd--on-the-launch-of-jersey-s-first-initial-coin-offering--ico-?utm_medium=referral&utm_source=twitter.com&utm_campaign=ARC-ICO&utm_content=Link&utm_term=ics

https://www.careyolsen.com/news-and-deals/carey-olsen-and-jtc-advise-arc-fiduciary-ltd-jerseys-first-ico

The team - pictures of Garrick Hileman and Stephen Findlay can be found on www.arccy.org (scroll down the page to find their twitter and linked in accounts)

An article including Garrick Hileman (he is in the video) - http://uk.businessinsider.com/what-is-stopping-bitcoin-from-becoming-mainstream-currency-finance-tech-2017-12

Garrick Hileman on Cambridge University Judge Business School website - https://insight.jbs.cam.ac.uk/tag/garrick-hileman/

I hope this provides some assurance that ARC Reserve Currency is real, authentic and is out to aid the development and adoption of crypto currencies world wide.

Do you have a website and a photo of your team members? I really wish this is legit as the idea behind the project is good.

There is already a coin with the ARC ticker - Arcticcoin. And I think you misinterpreted the concept of Proof-Of-Stake.