AR platform for connecting businesses and developers.
|Description||AR platform for connecting businesses and developers.|
|White Paper URL||https://arround.io/content/file/arround-whitepaper-en.pdf|
|ICO Launch||2018/09/15 06:00|
|ICO Closing||2018/11/15 17:00|
|Funding Target||$5 million|
|Funding Cap||$30 million|
With ICOs raising more than $12 billion in 2018 alone, the market it is booming and ARROUND is taking advantage of that. Aiming to develop a decentralised augmented reality (AR) platform, ARROUND is essentially fusing two of the leading tech markets into a single product. By selling ARR tokens, the ARROUND ICO will kickstart its crypto/AR world. Is it worth investing? Well, AR and cryptos are hot right not, so it would seem that way. However, let’s take a closer look at the facts…
What is ARROUND?
Before you invest in the ARROUND ICO, it’s important to understand its aim, the technology and where it wants to be in the future.
The ARROUND ICO Concept
Why should you look at the ARROUND ICO register? The main aim of this project is to develop an AR platform that allows businesses, developers and users to connect in new ways. ARROUND wants to create a four-tiered platform: a disruptive advertising network, an AR marketplace, a social platform and an AR map that will allow developers to create their own AR products.
Within the ARROUND ecosystem, ARR tokens will be used as currency and for usage rights. In essence, the team are creating a world that Satoshi Nakamoto envisaged when he/she created Bitcoin. For this reason alone, the ARROUND token sale is worth a look.
Which blockchain will ARROUND launch on?
Like many of the latest ICOs, ARROUND and its ARR token are based on the Ethereum platform. For those not versed in the nuances of this blockchain, our Ethereum guide notes some of the main benefits of hosting apps and, moreover, ICOs on this platform.
The main benefits include:
- As well as preventing data breaches, the Ethereum network is highly secure. Cryptography protects the blockchain and its dAPPS from cyberattacks.
- Smart contracts allow for an exchange of value between two parties without the fear of interference or fraud.
- The system is always active, which means dAPPS can run 24/7.
If you wish, you can buy Ethereum, complete the ARROUND ICO registration process and invest in ARR tokens. However, you don’t have to. If you choose to participate in the ARROUND token sale, you make purchases in a variety of cryptos.
The ARROUND Team
Leading the ARROUND ICO is social media expert Neil Bryant. A former development manager at the Alpari Group and owner of multimedia company RIA Novosti, Bryant knows how to connect people. Indeed, during his career, he’s worked on some major dating and social media apps, which makes him well placed to create a next-generation social platform.
The ARROUND Roadmap
After launching in 2016, ARROUND has been busy developing its platform and recruiting some initial partners. In 2017, the company began working with Russian pharmacy chain 36.6 and, in 2018, it has created campaigns for the Atrium shopping mall.
By the close of 2018, an alpha version of the ARROUND app will be released before more companies are recruited in 2019. All being well, ARROUND is also planning to make its platform compatible with ODG Augmented Reality Glasses and Microsoft’s HoloLens. Finally, in 2020, the product will be released in the US, Japan, Germany, the UK and more.
Is it a scam?
The ARROUND ICO register isn’t a scam, in our opinion. The team working on the project has some verified credentials and the overall concept is one that’s in tune with the latest tech trends.
Strengths & Challenges of ARROUND
The major strength of the ARROUND ICO is that it’s on trend in three ways. Firstly, social media platforms have become an integral part of our society over the last decade. With Facebook, Twitter and Instagram boasting more than 3 billion users combined, it’s clear people love to be connected.
In addition to harnessing the power of social media, the company is using cryptos and AR. Even though some may still be sceptical about cryptos, AR is already making an impact on the world. As it stands, the AR and VR (virtual reality) market is worth around $14 billion. By 2022, experts predict it will be worth closer to $210 billion. Based on this, the ARROUND ICO is clearly on trend.
It’s greatest challenge will be convincing businesses, developers and general users that connecting via AR is more beneficial than not. Even though AR holds a lot of promise for gaming companies, advertisers and businesses, it’s not clear whether an entire ecosystem is necessary.
The Token Sale
The ARROUND token sale is due to start on September 15, 2018 and close on November 15, 2018. A single ARR token will cost $0.035. A total of 3,000,000,000 coins will be issued and any unsold will be burned.
How to Buy ARROUND Tokens?
- Fill in the ARROUND ICO registration page.
- Click the email verification link and sign-in to your account.
- Input how many ARR tokens you want and choose your payment currency: ETH, BTC, LTC, BCH or DASH.
- Generate a payment address and go to your crypto wallet. Send the necessary funds to the address provided.
- Once the funds have been received by ARROUND, you’ll be issued your tokens.
Should I invest in ARROUND ICO?
The ARROUND ICO is aiming in the right direction. AR is becoming the go-to technology for developers and social media is the lifeblood of modern business. This doesn’t mean it’s going to be profitable. However, the fundamentals are certainly positive.
As an alternative to ICOs, take a look at our eToro review. Using this exchange, it’s possible to speculate on cryptos without investing in them directly. By using contracts for difference (CFDs), you can basically say XX coin will increase or decrease in value. You can’t do that with ICOs. If the project fails, you lose money. Therefore, if you’re new to the market, investing at eToro is possibly a safer option.
Similar projects and alternatives to ARROUND
If the ARROUND ICO has piqued your interest in ICOs, check out some of these alternatives: