Seamlessly Unleash the Blockchain 3.0 (3 seconds!)
ArcBlock is a blockchain 3.0 platform that is going to utilize the cloud to allow developers to create dapps with better user experience capabilities; it also utilizes Open Chain Access and Blocklets to streamline to process of adopting this technology and to improve internal developer/project relations built upon its platform.
SWOT analysis sheds light on the potential of a potential project.
I’ll be analyzing whether ArcBlock presents an idea that holds plentiful potential and what would its barriers be.
Strength: It is important to understand what a particular project’s strengths are; these develop into competitive advantages.
ArcBlock’s strengths are clear as it’s the newer blockchain platform.
ArcBlock, since it is based off the cloud, is optimized for user experience. As most major services are based off the cloud, ArcBlock allows dapps made on its platform to have a user experience that customers are getting more and more accustomed to.
Moreover, ArcBlock is optimized for dapp production. It’s Open Chain Access will make it easier for developers to develop products with and through increased connectivity. ArcBlock also utilizes Blocklets and streamlines dapp production’s base features. Developers would be more willing to utilize a platform that makes their time utility more valuable.
ArcBlock is essentially the faster, better blockchain platform for dapp production. It’s been designed with the intent of developing the masterclass blockchain platform for dapps.
Weakness: A grasp of a company’s weaknesses is important; a brilliant idea can be brought down by a single, but mighty weakness in operations, financing, marketing, or a number of other business and/or technical functionalities.
ArcBlock is part of a very tech-concentrated environment. New projects regularly one-up previous champions. So, while ArcBlock is presently able to tout its edges, it may have to keep evolving to retain its status.
The blockchain world can be divided into 2 types of adopters: those that contribute directly and those that partake. Given that ArcBlock is late to the show, a vast portion of the partakers may retain their comfort levels to something they are accustomed to like the established cryptos.
While ArcBlock may struggle to shift masses to its platform, that issue may be transient if the platform can achieve its full potential. ArcBlock is designed to capitalize the interest of the active contributors to the blockchain world; if ArcBlock can establish itself as a powerful platform to develop dapps; the market will have to shift itself to this platform due to the sheer size of the potential dapps that can be made on it (with superior quality).
Opportunity: While many industries are ripe with potential, some are cluttered with immense competition or even potential downfall due to the advent of market changes or economic shocks.
The crypto market is just entering its accelerated stage and ICOs for dapps are on an exponential rise. ArcBlock is entering the market just in time to capitalize on the timeliness of its value-additions for dapps.
The era of ICOs is just starting and ArcBlock is in time to join in on—still—an early stage of the blockchain shift. As the vast percent of dapps and serices through the blockchain are yet to be made, ArcBlock has plentiful odds of being adoped by major projects.
Moreover, the fact that ArcBlock is based off the cloud gives the company a strong competitive edge over its existing competition.
ArcBlock’s timely entry and powerful features could allow it to swiftly become a dominant player.
Threats: Even the titans of a given industry face threats; the situation is generally worse for smaller projects.
The major threat to most projects in the blockchain industry is the hazard of imitation—copy-cats are swift to move in this industry.
But most imitators are dapps themselves that copied the idea of an existing or upcoming project. ArcBlock is a project too sophisticated to fall prey to imitators as they are building the platform.
Once enough material has hit the market that someone or some entity can finally copy them, it’d already be too late for any imitator to do any damage as by then ArcBlock would already have established itself and any imitator would be at a staunch disadvantage, expensing funds without much potential for returns.
Website: https://www.arcblock.io/
Whitepaper: https://www.arcblock.io/file/whitepaper/WhitePaperEnV2_en-US.pdf?v=2
ANN Thread: https://bitcointalk.org/index.php?topic=2699379.msg27589213#msg27589213
Telegram: https://t.me/ArcBlock
TOKEN SALE: From FEB. 4
Ticker: ABT
Token type: ERC20
KYC: YES
ICO Token Price: 1 ABT = 0.59 USD
Can’t Participate: USA, China, South Korea, Canada, New Zealand
Accepts: ETH; CMT Note
As is the case with investments in any security or asset, you should invest in ICOs and tokens only an amount you are willing to lose. Investments in the crypto market are high-risk, high-reward moves and investor due diligence is imperative. Watch Out
If you intend to invest in the project’s ICO, be sure to utilize the official project website. As disappointing as it may be, scammers are rampant in the crypto market and many try to scam investors through deceptive measures by identity theft of project leaders and phishing measures.
You should only contact official company social media profiles for your informational needs and queries, and you should invest in the ICO directly through the company website.
PleaseIf you found this article helpful, appreciate the information I have curated, appreciate the analysis I have provided, and/or are simply just a kind person, please support me by liking and sharing this article; you can also follow me to stay updated with the most remarkable ICOs coming up.
If you find the project valuable or interesting, support it by sharing and liking this page and keeping up with company profiles.
ArcBlock Website: https://www.arcblock.io/
https://bitcointalk.org/index.php?action=profile;u=1700741;sa=summary
https://steemit.com/@hatu – Follow for a new ICO analysis every day!
This post has received a 3.79 % upvote, thanks to: @hatu.
This post has received a 3.92% upvote from @lovejuice thanks to @hatu. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.