What Is Arcona (ARCONA)?
The Arcona platform consists of a single cryptocurrency ecosystem that seeks to connects the virtual and real worlds, creating an augmented reality (AR) layer. The whitepaper describes the project as a peer-to-peer network with infrastructure including a Digital Land Registry and other digital assets.
ARCONA is built and deployed on Ethereum and Binance Smart Chain. Arcona Ecosystem platform seeks to combine distributed GIS, augmented reality, computer vision, optical pattern recognition, 3D simulation, artificial intelligence, and blockchain technology.
The main characteristic of Arcona's AR Metaverse is its Universal Information AR layer - the Digital Land, which aims to enable users to place interactive content anywhere in the world using a network of terrain-relevant markers that focuses on the entire surface of the planet. Moreover, a third-party solution can be integrated into an open modular architecture.
Furthermore, the platform's primary goal is to monetize the ecosystem by selling plots of Digital Land, providing SaaS for landowners, digital artists, and developers, and uploading and trafficking AR content. The ARCONA coins (the native token of Arcona) sent by users for exchange are kept at a particular fund's address. They are not included in the circulating offer.
Arcona's economy seeks to revolve around creating an augmented reality layer called Digital Land. There is no limit to the number of Arcona tokens that can be acquired with an Ethereum smart contract, and it is described as an ERC721 token.
Token distribution of Arcona is as follows:
20% for team
7% for advisers
2% for bounty
11% for reserve fund
60% for sales
History of Arcona (ARCONA)
ARCONA Augmented Reality Metaverse was created by Piligrim XXI in 2018. The project's founding members are Ilia Korguzalov, Diana Sorina, Tatiana Chernih, Daniel Girdea, Dr. Igor Rozhdestvensky, and Aleksandr Emilianov.