1. What is the value proposition of the ARK platform? What has been sighted in the materials seem to be high level (a community, a token and a bridge). How is ARK different and why should I care?
2. The Use cases you have outlined seem to be a "brainstorming dump" and are all over the map. Do you have any market driven analysis that suggests you can dominate any market segment?
3. What will the organizational structure be? Foundation + For Profit entity? What is the thinking here?
4. The team that has been identified are quite diverse but there is a lack of biographical detail that is relevant to the ARK project. How do you assure successful delivery of the ARK platform with a product that generates revenue.
@meeekz 1. The initial goal of Ark is a stable core with the added improvements of Practical Byzantine Fault Tolerance (PBFT) to eliminated forks by pre-approval of blocks prior to their addition to the blockchain, forging from uncles to reduce network latency and block time, and a voting system which reduces centralization by eliminating the use of the same voting weight from an account being used to vote for multiple delegates without dilution. Voting for multiple delegates divides the vote by the same fraction as the number of delegates voted for. The second goal to be achieved is SmartBridge, increasing consumer adoption of all meaningful alts and enabling new tokens to be created on their own bockchains for many different niche applications.
2. The use cases are "all over the map" because, as you mentioned, our team being diverse, the listed ideas are example use cases we could develop ourselves, but may also be developed by partners dand connected to with Ark via Smartbridge. So cases are "all over the map" because there is no limit to them. See, for example, Ethereum - their smart contracts also have a wide spectrum of use cases from esports tokens to hedge funds.
3. We are still in discussion for legal entity and domicile, primarily focused on a Swiss Foundation like that used by Ethereum, Wings, planned by Lisk). The for structure and need for profit entities is determined by the regulations concerning how much of the funding may be used for non-profit development of the core platform, and how much is used for for-profit specific use applications. We are currently approved as partner of a well known company for maintaining a portfolio and making payments for services. More details on this will be revealed after the documentation is complete and the accounts are set up.
4. Unlike some projects which are launched as just an idea with a lot of marketing, Ark already has a developer team with blockchain experience in place, along with additional experienced front end developers and server/network infrastructure professionals. This team was formed from a group maintaining test net and main net delegates for Lisk, and some who maintained delegates for Crypti as well. During the course of the delegate effort, team members created specialized tools to streamline delegate operation, along with public facing utilities including faucets, alternate, robust Lisk online wallets during the initial launch for when the official Lisk sites were overloaded with DDoS attacks, delegate monitors, voting scripts, and a lite desktop wallet. With its delegate experience on Lisk and Crypti, the Ark team has easily the most experience with blockchain based voting systems of any group in the crypto industry. Concerning revenue generation from Ark, this is a usage token exchange, so we do not want to make any forward looking statements regarding expected price moves and valuation of the tokens. The received funds will be diversified into different asset classes and managed by a professional investment fund manager to maintain a reserve and generate income to fund the project on an ongoing basis. The Ark Project will not be relying on revenue from Ark token usage to fund development work.