ArcBlock will be an amazing success. I think we can all see from the overwhelming KYC applications as well as the number of telegram participants.
The thing about ArcBlock is that what they are building is something revolutionary and yet the idea behind it is simple.
The team wants to make blockchain achieve mainstream adoption and remove the challenges blocking this.
If you do read the whitepaper carefully ( i read it 3 times to really understand it) and listen to what the team is talking about in telegram,
you will understand that the technology they want to build is about a platform that will make it easier for users (with or without blockchain
knowledge) to be able to use applications (DApps) powered by blockchain without even knowing they are using DApps.
This is because users will interact with DApps from browsers as well as downloading DApps from app store or play store.
This is a great idea in Change Management for the traditional space to crypto space.
People will begin to use DApps but yet do not know that the blockchain is behind it.
This is how amazing ArcBlock will be.
And hence the success of the ICO is certain.
I agree with you on many points. After reading the whitepaper, a few very important things became apparent.
Arcblock is not only trying to solve some of the issues the older blockchains have such as speed and transaction cost, but also as you mentioned, that anyone even without the knowledge of the blockchain or Dapps, has the opportunity to use this technology. It will allow business to link their operations to the blockchain.
Furthermore it spoke on another important topic, there are so many different blockchains, and coins currently available, which makes it even more difficult for the layman to grasp what the benefits of crypto and the blockchain are. Arcblock looks to simplify that, as they are only looking to jump-start this platform and form a community that contributes to the platform and continues to grow it over time.
This project has great potential, it looks to fill the gaps left by the older blockchains, and make blockchain technology more accessible and streamlined.
Yes this is why I like ArcBlock. While they are creating a very advanced platform that will not only help to incentivize and resolve many of the
existing blockchain issues, they also have a clear aim of making blockchain simple for the average user.
This is what is admirable about this project and I think the incentivization model of ArcBlock will help to bring more developers and resources onto
this platform and evolve ArcBlock to one of the most commonly used platform and protocol.
Being able to create blocklets and api to connect to different blockchain will mean that DApps developers will be able to increase their speed to
market as they can now use ArcBlock to deploy their DApps on various blockchain without having to rewrite their codes. They simply have to use
the Open Chain Access Protocol provided by ArcBlock.
This project is really getting a lot of attention and popularity and their KYC applications is now through the roof. They had over 100,000 KYC
applications which will translate to a huge sell-out TGE.
I foresee this to be one of 2018 top ICO.