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.