The ARK Platform ICO - Roadmap Explained - Blog#02
The ARK Platform ICO - Roadmap - Blog#02
The Ark.io Roadmap as compared to other similar projects is actually a very detailed plan with many different goals along with many different components. One of which being the Ark Token Exchange which will be at its 2nd milestone as stated in the Ark Roadmap.
There will be five stages that run from the present day all the way up until the beginning of 2018. Each Milestone will be enhancing the overall network as it gets completely built out with its strong team of staff that is currently at 30 members.
The Four Milestones are as detailed below;
Milestone #1: ATLAS
Atlas is the first step in Arks journey, the ARK Token Exchange (ICO). This is where the Tokens that give users entry to the Ark platform are issued to investors of the project as a form of token exchange.
Milestone#2: ATLANTIS - ETA: Q1 2017
Atlantis is the launch of the Mainnet which is scheduled for the beginning of next year. The Mainnet Launch will have to go through 2-3 Hard-Forks in order to bring in the full features of the platform. The team are looking to implement this as soon as possible but put strong emphasis on protecting and working in the interests of the investors and so will be not doing anything by half measures. The team are very focued on ensuring that the platform works as it should before moving on to the next Milestone.
Milestone#3: APOLLO – ETA: Q2, 2017.
Apollo will see the launch of the ARK Card Network, scheduled to be ready at Q2, 2017.
The Cards that are being developed will be known as SmartCards due to what they will enable the users of the platform to do. The Ark Team will be bringing great innovation that will interlink the SmartCards and the ARK Platform.
The Smart card will be used for example to send a transaction using a centralized service where the transaction being initiated on the smartcard will trigger the centralised service into sending the transaction. This could also be the case for things such as documents or files.
Milestone#4 – APHRODITE – ETA: Q4 2017
The Aphrodite Milestone is a big one as it will be the launch of the Official ARK Bridged Blockchain Support. This is the functionalily that sets Ark apart from the rest where ARK will interlink different blockchains, blockchains such as Bitcoin, Waves and Ardor.
To explain how this works, one of the Ark team members explained it like this;
“If the asset blockchain had a mechanism to lock an asset or burn an asset you could then have the smartbridge to trigger a transfer to another blockchain but also the trigger to burn the original asset. Second scenario to a third party service would be just the third party setting up an encoded listener that has the ability to process transfers from one person to another person but paid for with ARK.”
Milestone#5 – ARGOS – ETA: Q1 2018
Partnerships, Integrations and Ecosystem Development is what Milestone #5 is all about. Once the platform is fully functional with the ARK Exchange running as planned, the integrated Smart Cards up and running and the ARK Bridged Blockchain Support (SmartBridge)has been rolled out and working as planned, the Team can push further forward and further develop any partnerships they establish during the Roadmap period.
You can find a the link below that will direct you to the ARK.IO ICO page where you can find out more about Ark and can participate in the Initial Coin Offering.
Interesting blog. Thanks for bringing this to our attention. The issue of giving an ico to much money bid that there's Simply no incentive anymore to do an amazing job at running the business Does anyone know about: https://www.coincheckup.com This site did all the research for you. It's truly amazing. Check: https://www.coincheckup.com/coins/Ark#analysis To see the: Ark Investment analysis.