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Arcona news
About Arcona
What Is Arcona (ARCONA)?
Arcona (ARCONA) is a computer vision company building a global Augmented Reality (AR) layer called Digital Land, that enables creators and entrepreneurs to launch interactive 3D experiences in real-life landscapes around the world.
The project aims to lower the threshold for entering the AR space and provides an affordable, efficient and easy way to place 3D multimedia content onto physical locations. Arcona frequently works with companies engaged in gaming, historical reconstructions, education and tourism.
The platform’s naitive utility token ARCONA serves to maintain the economy inside of the ecosystem and can be used to purchase Digital Land plots, software development services, advertising and creative 3D content on Arcona's marketplace.
The first ARCONA token sale was held in August 2020. According to the project’s official whitepaper, the company was founded in 2018 in Saint-Petersburg, Russia.
Who Are the Founders of Arcona?
Ilya Korguzalov is the project leader and co-founder of Arcona (ARCONA). An experienced entrepreneur with extensive background in AR, he previously co-founded Piligrim XXI — the first ever Russian IT company to enter the international AR market for the travel industry.
Diana Sorina is a co-founder of Arcona and Piligrim XXI. Holding a degree in economics, she possesses more than a decade of experience in marketing, sales and PR.
Aleksandr Emilianov is the third co-founder, as well as the research and development lead of Arcona. He holds a Ph.D. in Computer Science and Engineering from University of West Bohemia, Plzen, Czech Republic and has a background in software development and computer vision technology.
What Makes Arcona Unique?
Arcona (ARCONA) creates a global augmented reality layer that unites the real and virtual world into a single information space. Digital Land plots are represented on the platform as ERC-721non-fungible tokens (NFTs) with their smart contract containing information regarding current and previous owners, geographic coordinates and identification number.
As a global information layer and a complex technology solution built with artificial intelligence, neural networks and geographic information system (GIS), Arcona claims to be able to provide developers with an opportunity to launch location-based AR projects remotely, without the need to scan the chosen environment on-site.
The platform has developed an original AR library called Arcona Core that supports both indoor and outdoor usage scenarios, even in low-light conditions. Moreover, Arcona Core boasts a multi-user AR experience. As a cross-platform solution, Arcona Core is compatible with both Android and IOS devices.
As stated on the official website, Arcona is able to provide highly accurate distance measurements and object placement through use of SLAM (Simultaneous localization and mapping) technology combined with fast and robust line detection. SLAM is an autonomous navigation algorithm used for mapping the physical area while simultaneously keeping track of the device’s location.
Arcona ecosystem aims to simplify the process of AR content creation and features a technology solution that does not require software development skills to design and launch an AR experience.
How Many Arcona Coins Are There in Circulation?
The maximum supply of ARCONA (Arcona) is 15 million tokens. According to the official whitepaper, the allocation of ARCONA is as follows:
ARCONA (Arcona) first became available for purchase in September 2020.
Can Arcona Hit $5?
ARCONA (Arcona) is trading at around $0.90 as of December 2021, so a price increase of around 5.5x is required to reach $5. As an augmented reality ecosystem, Arcona is currently part of one of the fastest growing industries in the world. Taking into account the success of the team’s previous project, Piligrim XXI, and the fact that the Arcona’s roadmap foreshadows future active development of the platform, the token price is likely to increase going forward.
New to cryptocurrency? You can read more about how to enter the market and how to buy ARCONA or any other token on CoinMarketCap’s education portal — Alexandria.
Related Pages:
Find out about VIBEHub (VIBE) — a technology platform with the capacity to create virtual reality marketplaces and hubs.
Check out Decentraland (MANA)— a virtual reality platform that allows users to create, experience, and monetize content and applications.
Look into Cappasity (CAPP) — a platform focused on providing 3D and VR/AR technologies for e-commerce.
The tokens allocated to the reserve fund are split as follows:
22% is set aside for software development
30% is assigned for marketing needs
10% is put away for general and administrative expenses
The live Arcona price today is $0.021794 USD with a 24-hour trading volume of $1,969.78 USD. We update our ARCONA to USD price in real-time. Arcona is down 35.01% in the last 24 hours. The current CoinMarketCap ranking is #2034, with a live market cap of $334,219 USD. It has a circulating supply of 15,335,470 ARCONA coins and a max. supply of 16,699,878 ARCONA coins.
If you would like to know where to buy Arcona at the current rate, the top cryptocurrency exchanges for trading in Arcona stock are currently ProBit Global, Uniswap v2, and Bancor Network. You can find others listed on our crypto exchanges page.