Details

What is ARX

Tokens

1. What is ARX?

ARCS (ARX) is a type of token, with the following specific information:

  1. Introduction: ARCS is a type of token, but the specific background and purpose of the project are not clearly stated in the provided search results.

  2. Exchange Support: ARCS is listed on multiple token exchanges, including Binance and CoinDCX.

  3. Circulation: According to Binance data, the circulation of ARCS is 176,030,825.907 ARX.

  4. Trading Volume: The 24-hour trading volume of ARCS is $81,827.95 USD.

  5. Project Information: No specific project information is provided, including its technical features and application scenarios.

It is important to note that investing in tokens carries high risks, and investors should fully understand the related risks and invest cautiously.

2. Who founded ARX?

According to the provided information, ARCS (token code ARX) was developed by IFA CO., LTD., and the company's CEO is Masashi Mizukura.

3. Which venture capitalists invested in ARX?

According to the provided information, Sky Mavis, the parent company behind Axie Infinity (rather than "ARX", which may refer to the shorthand for the AXS token), completed a $7.5 million funding round in May 2021, led by Libertus Capital with participation from Blocktower Capital, Konvoy Ventures, Collab Currency's Derek Schloss, Stephen McKeon, and Dallas Mavericks owner Mark Cuban.

Thus, the venture capitalists that invested in Axie Infinity (possibly referring to the AXS token) include:

  • Libertus Capital
  • Blocktower Capital
  • Konvoy Ventures
  • Collab Currency (Derek Schloss, Stephen McKeon)
  • Mark Cuban (Dallas Mavericks owner)

4. How does ARX work?

ARX Tokens (ArbiDex Token) operate based on its underlying technology and application scenarios. The following are its main characteristics and operational methods:

  1. Underlying Technology: ARX is a token based on blockchain technology, utilizing modular development and Turing-complete smart futures.

  2. Application Scenarios: ARX aims to provide developers and users with an efficient and quick programmable environment that directly connects to commercial applications, reducing the cost of blockchain commercialization.

  3. Performance Optimization: ARX employs parallel scaling technology, separating business on the main chain and side chains through a “main chain + side chain” multi-chain parallel operation mechanism, to meet the demand of tens of thousands of TPS.

  4. Data Confidentiality: ARX ensures the confidentiality and security of the business data of side chains through data isolation and cross-chain auditing, addressing the balance between data transparency and business confidentiality.

  5. Market Potential: ARX has broad market potential and development space, its uniqueness and appeal may attract the attention of specific groups, thereby driving its market value upward.

In summary, the operation of ARX Tokens primarily relies on its underlying blockchain technology and modular development, aiming to provide an efficient and secure commercial application environment.

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