Crypto_Mantra AMA Recaps - #ARCS_ARX
🐳Crypto Boss😎
Host- CryptoBoss
Guest - Kunihiro Katsuragi -COO @ARCS
Introduction:-
🐳Crypto Boss😎:
#Crypto_Mantra welcomes to #ARCS_ARX 🎉🎉🎉
About #ARCS(ARX):-
A new world token
Alre is a world which various human values can be turned into assets and used as social resources
ARCS is a token issued to make its construction faster.
Our guest 🙏
Mr.Kunihiro Katsuragi (COO -ARCS)
@Kuni_95
🐳Crypto Boss😎:
Well now we should start the AMA session
Before we move to #AMA segments..
..#ARX Team please can we have small introduction about you 😁
@Kuni_95
Kunihiro Katsuragi:
Hi everyone thank you for having me today!
I'm Kuni from ARCS. I'm COO of the company and we are from Japan.
I am one of the member of the founders.
🐳Crypto Boss😎:
Thank you for your intro sir
Before we move next ...I have just two questions....ok
1.What is AIre? And What’s AIre’s main function?
Kunihiro Katsuragi:
Important definitions
Token name: ARCS
Token symbol: ARX
Project and ecosystem name: AIre
The project was initiated in Tokyo, Japan 2017 by a group of entrepreneurs, technologists, and philanthropists who believes that blockchain technology can contribute to a better world. Individual ownership of data and identity, along with a network of data banks, will enable multiple business scenarios and solve some of the toughest problems in the world e.g. personal data exchange, data monetization, financial inclusion, lending/funding, scoring and reputation, and privacy.
🐳Crypto Boss😎:
Next and last from me.
2. ,Do you think sir that #Corona has made any effect on project..#ARCS_ARX.
Kunihiro Katsuragi:
Well yes it has.
But not more than others.
We are still moving and luckily we are well funded so we will survive this time and go big very soon.
After the chaos there are always winners become giants and we will be one of them
🐳Crypto Boss😎:
🚥Now I will go with Twitter questions🙏
Are you ready sir
Kunihiro Katsuragi:
let's shhot
🐳Crypto Boss😎:
Question By
@jazieph
Is it possible that $ARCS will be list on largest cryptocurrency exchanges like Okex, huobi especially binance in the near future?
Kunihiro Katsuragi:
Nice!
We cannot disclose more info but we will!
Please stay tuned!!
🐳Crypto Boss😎:
Question By
@Ale_Urich
AIre is a very nice word, it means air in Spanish. In fact, without air we cannot live. With this in mind, do you consider that ARCS and AIre is an indispensable platform for the cryptoworld?
Kunihiro Katsuragi:
Exactly!
Although AIre is a name of the concept/society we will build.
And through AIre, ARCS will run as a connection like "arc". That is the reason behind it!!
Moreover we won't limit ourselves only in crypto!
🐳Crypto Boss😎:
Question By
@rodrojit
Can you tell us in detail about main Utilities and real world use case of ARX token ?
WHERE We can use ARX and invest ARX. Can U give some main reason that why we should purchase ARX token as a long term investment ?
Kunihiro Katsuragi:
Token economy
ARCS is mainly used for two purposes
1.Incentives for users: Many internet users do not trust big corporations when providing personal data due to many cases of misuse. AIre incentivize users for the information they provide, which is expected to lower resistance of making personal data entries.
2.Rights to use AIre services: Companies who holds ARCS will be able to acquire and utilize data from AIre. Once the data has been purchased, users will be rewarded with ARCS. Companies can also offering their services in AIre ecosystem and ask users to pay ARCS for use.
If you trust us hold it. That's all I can say haha
🐳Crypto Boss😎:
Question By
@sumit74806946
Do you have plans to spread #ARCS Alre ecosystem across other continents. if yes, what are the strategies and how can we, as a community member contribute to making it possible?
Kunihiro Katsuragi:
Of course we won't be in just one continent nor country.
Would be great if you could spread our vision and what we are doing!!
That would be a great help!
🐳Crypto Boss😎:
Question By
(@Zygote_INCUBUS)
Can you give us insights regarding to the recent Collaboration of Alre with Meiji University? Why do you chose Meiji University and what part will it play to AIre Data Banking R&D?
Kunihiro Katsuragi:
The details are as the follows.
(1) Research theme
Research and development of data banking platform technology using blockchain and artificial intelligence.
(2) Research purpose and content
We will develop a data banking platform technology that will manage user attribute data, point aquisition, electronic money use history, etc. with blockchain technology, and apply those data to advance marketing strategies and provide accurate service proposals to users.
🚥Telegram community questions
Question:-
It is known that IFA Co., Ltd will be responsible for the issuance of ARCS. So what are your plans to increase the value and utility of ARX tokens?
Lets assume some projects are looking to copy ARCS advantages, How do you protect against this? How your plans to keep beyond all other projects?
Kunihiro Katsuragi:
Yes currently IFA is responsible for it but our vision shouldn't be limited to one company.
And in this industry, the most important thing is to cooperate.
If someone wants to do the same thing, we will reach out to them and collaborate!
Question:-
What was your main motivation to work with data banks?
Kunihiro Katsuragi:
It was when I wase training through Peru.
Outthere I saw children were working really hard to get less than one meal.
And I was really shocked and the experience got me thinking how to make everyone make money out of nowhere.
of courthis sounds idealism but then I came up with the data bank.
Which could give everyone opportunities to make money since everyone has an asset called data.
That is the reason why I'm doing it
And also that is why I named AIre in spanish for the world we wanna create.
Question:-
There are not so much Japanese project on the crypto markets. Do you believe that #ARCS can bring the mass adoption in Japan and open the door for more project to come in?
Kunihiro Katsuragi:
We hope so!
Actually we are starting incubation business for more Japanese projects go outside of Japan.
And more overseas projects to come in!
Question:-
Sir @Kuni_95 ,
What FUTURE DEVELOPMENTS , we as @ARCS_ARX fans, EXPECT from You later this Year 2020?
I'm sure there is MORE
Kunihiro Katsuragi:
Thank you for being our fan!
Definitely more listing, more developments and implementations will come!!
Please stay tuned!
Question:-
Why Alre Chain and Stake Technologies choose Parity Substrate for the initial PoC Project Development rather Ethereum/Cosmos for blockchain infrastructures?
Kunihiro Katsuragi:
Good one!
So basically as PoC we wanted to test the newest technology and see the potential.
That is the main reason why we chose it!
Question:-
Your whitepaper mention that ALRE is going to launch a wallet for ARCS, so which the main functions of your wallet and why do you think ARCS need an own wallet?
Kunihiro Katsuragi:
Our wallet won't be just a wallet.
it will have an interface of the data bank where users can sell/buy their data and delete at their will.
And also that will include the function of DID.
Stay tuned
Question:-
There are many cryptocurrency startups were established by talent teams, but they got problem in raising capital via token sales due to many factors as bear market, bankrupt... This leaded their potential startups fail. So how will arcs break these barriers and attract more funds from outside crypto space
Kunihiro Katsuragi:
We aren't only focusing in fund raise through crypto.
We are doing risk hedge so don't worry about the stoppages of ARCS
Oh and but the way it is aire with capital A and I. sorry for the difficult name to understand haha
Question:-
What is ARCS's relationship with KuCoin Exchange? Are you a strategic partner? Are you preparing joint products?
Kunihiro Katsuragi:
We are very close.
We are talking to collaborate in many ways
Question:-
Arcs is a Great Project and Platform I am sure you will very successful as an Devoted supporter of Arcs What is Arcs expected to us(Community)? What would you like to us that we(community) will do?anything
Kunihiro Katsuragi:
Thank you for the kind words.
As I said earlier we really appreciate if you could spread our vision and make everyone know us!!
Question:-
What is the market size for the project?What is ARCS 's recipe for success?
Kunihiro Katsuragi:
Please read this section and next section of our WP!
By the way we will update our WP very soon!
Question:-
When will the mass adoption of ARCS ? How will you plan to dominate market?
Kunihiro Katsuragi:
Well we are thinking the web 3.0 era is coming and in that era, the concept of dominate won't be suitable.
We are looking to cooperate and make everything better together with others especially with users.
And the beauty of the crypto and blockchain is that we could make the workd where we don't need the centralised power to make everything moving.
so we are actually talking about to run AIre/ARCS by itself without company
Question:-
When will corporations stop being afraid to use blockchain? Do you want to be a leader in the mass adoption of this technology?
Kunihiro Katsuragi:
Good one
I think current capitalism won't go along with the philosophy of blockchain since the technology itself is based on decentralisation.
So as a project we need to think the way which isn't normal in this era.
Stay tuned you will understand what I'm saying eventually
🚥Arcs official group
Thank you so much @Kuni_95
For spending your valuable time with us🙏🙏🙏
Hope you enjoyed this #AMA Session with us!
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