Arcblock (ABT)

Founded in early 2018, ArcBlock aims to remove barriers to blockchain adoption by providing developers with the tools and services needed to create user-friendly applications for both businesses and the general public.

Unique Selling Points (USPs):

• Blocklet Architecture: ArcBlock utilizes "Blocklets," which are reusable and customizable modules that allow developers to build various applications and services without extensive coding knowledge. This serverless architecture supports multiple programming languages, enhancing flexibility and efficiency in dApp development.
• Open Chain Access Protocol: This protocol enables seamless interoperability between ArcBlock and various blockchain networks, such as Bitcoin, Ethereum, and Hyperledger. It eliminates platform lock-in, allowing applications to operate across multiple blockchains without the need for migration.
• Cloud Integration: By combining blockchain technology with cloud computing, ArcBlock enhances scalability and performance. This integration allows for both on-chain and off-chain computations, making the platform more cost-efficient and user-friendly.

Recent Milestones:

• ABT Node Release: ArcBlock introduced the ABT Node, a platform that combines cloud computing and decentralized blockchain technology. This release signifies a step forward in providing developers with a robust environment for building and deploying dApps.
• Token Sale and Exchange Listings: In February 2018, ArcBlock conducted a successful token sale, raising $45 million. Following the sale, ABT tokens were listed on major exchanges such as Huobi.pro, OKEx, and gate.io, increasing accessibility and liquidity for investors.

Catalysts:

• Strategic Partnerships: ArcBlock has established collaborations with prominent organizations, including IEEE, The Linux Foundation, Hyperledger, and W3C. These partnerships are instrumental in technological development and expanding the platform's application scope.
• Experienced Leadership: Led by Founder and CEO Robert Mao, a veteran software engineer with experience at Microsoft Research, ArcBlock benefits from strong leadership focused on driving innovation and adoption in the blockchain space.
• Market Performance: As of February 18, 2025, ABT is trading at $0.908742, with an intraday high of $0.969516 and a low of $0.906945. The token has experienced a slight decrease of 0.04598% from the previous close, indicating relative stability in its market performance.