Overview
The ARCONA CryptoToken is an ERC-20 token created by Arcona, a computer vision company dedicated to scaling Augmented Reality (AR) for the mass market. This token, the native currency of the Arcona Augmented Reality, allows users and creators to launch interactive 3D experiences in physical landscapes worldwide via its Augmented Reality layer, the Digital Land, and the incorporation of the Internet of Things (IoT). The ARCONA CryptoTokens built on Ethereum’s decentralized blockchain allows the users of the Arcona Web3 metaverse to sell and purchase resources like content, software, and Digital land using DeFi, due to their tokenization.
The Arcona company is dedicated to reducing the threshold for entering the Web3 decentralized AR space and the time needed to complete the projects. The company also provides easy, efficient, and affordable ways to link 3D multimedia content into our physical locations worldwide via Artificial Intelligence (AI), Neural networks, Internet of Things (IoT), and Geographic Information Sensing (GIS). The company is also known to collaborate frequently with companies in gaming, tourism, education, and historical reconstructions.
Play to earn
The more players get involved with this game, the more they can earn. There are various ways by which players can earn from the game. You can earn by becoming a landlord and using your property for various causes like renting it out, reselling, or building on it. Also, you can set up stores on these lands and offer various services to other members of the decentralized metaverse.
Moreover, there are games set in this metaverse, for example, the Castle and Dragon game, which is a play-to-earn multiplayer game. Here, you have the chance to interact with other players and earn income, as well as build your castle on your land. All of these are possible due to the incorporation of tokenization into the platform. Staking and mining your token can also be another method to earn more CryptoToken.
Furthermore, with DeFi, you can earn by creating an experience in the metaverse. You can create exciting games, music venues, dance parties, clubs, adult entertainment spaces, or whatever form of virtual experience you can come up with. You can share these experiences with other users and monetize them. Your physical presence is not necessary as you can remotely control activities in your properties.
Staking
Staking your token is possible via the BANCOR protocol, which allows you to increase the pool size of ARCONA tokens. You can get daily rewards by staking liquidity tokens regardless of the quantity. Some farms even issue the ARCONA decentralized token as a reward to users.
Security
If you’re planning to keep your token or HODL (Hold on for dear life, commonly misspelled as HOLD) over a while, you need to keep it safe. There are several wallets to save your ARCONA token. However, it must support the ERC-20 Ethereum blockchain network because that is what the token was deployed on. Though exchange platforms like Binance are considered one of the safest cryptocurrency exchange platforms, a series of hacking incidents resulted in the loss. Regardless of its security, it’s still a hot wallet with several limitations, including saving your public and private keys online, where it is easily accessible to hackers.
