Kicau ICO!: ARCC - Asian reserve coins and able to bring changes in all systems supported by the best blockchain technology

About the project

The project that we are discussing today is addressing the global financial issue. The present financial system is having high commission fees due to large number of intermediaries and third parties, thus a team of professionals are committed to provide a modern instruments to solve this problem by providing a completely transparent, social and innovative financial ecosystem called ARCC.

WHAT IS ARCC ?

ARCC – Asia Reserve Currency Coin. This project is capable of bringing a change in all the corrupted system and revamping them to be free from it. It will achieve this through the power of decentralisation and that will be the drive of the system. The power of Monopoly will be used and it will be adopted in the markets of the world and also when making transactions. Majority of the global market has become so corrupted with all kinds of illegal practices that has affected and held traders at random, however, this new idea brought by Arcc will make traders able to break free from all forms of illegal activities and restrictions to the normal way of trading or exchanging values. The entire market now will be repositioned well for better performance in all their existing activities. The approach that is therefore introduced by Arcc will make it impossible for markets to have problems as regarding the kind of operations they control and also remove all the traces of manipulations from the flow of operation.

ARCC mission

International Blockchain Monetary Reserve, IBMR.io, is an economic economic and advisory reserve set up to promote the development of an inclusive economic development for busy urban poor in a damaged new market that fails to produce a regional 'cryptan reserve currency' supported by matching decentralized economic structure, basic asset and regional market alignment.

Social Work Proof 'is the basis for IBMR.io's economic development model that creates an inclusive wealth distribution network that creates radical social transparency for a corrupt-free entrepreneurship environment that enables the optimum application of' currency crypto-reserve 'macroeconomic stabilization' as 'micro-assets' production.

IBMR.io is registered in Singapore, and its main focus is Southeast Asia. Through ARCC's derivative and support, CoinRank Asian Reserve Currency, IBMR.io intends to break the cycle of poverty, corruption and wealth in emerging markets through cryptocurrency properties and centralized blockchain technology.

THE ARCC PROJECT MODEL

Thе ARCC рrоjесt іѕ a dесеntrаlіzеd іnсеntіvе bаѕеd рlаtfоrm aimed аt improving fіnаnсіаl economic structures for East Asian uѕеrѕ іn оrdеr tо improve еntrерrеnеurіаl grоwth оn the blockchain nеtwоrk. Thе ARCC рrоjесt іѕ tаrgеtіng the lеѕѕ рrіvіlеgеd and the рооr citizens іn Eаѕt Asia who hаvе been vісtіmѕ оf centralized economies thаt rеndеrеd their opinions powerless whіlе mеѕѕіng with thеіr assets. ARCC believes thаt if mоrе соrruрt practices еxесutеd іn сеntrаlіzеd іnѕtіtutіоnѕ are put undеr check using dесеntrаlіѕаtіоn, then governments and wоrld leaders еѕресіаllу іn Aѕіа саn thеn fіnаllу support blосkсhаіn аdорtіоn.

Design feature

You may probably be curious to know about the working principle of this project and how it will achieve the profound objective. Let me tell you the principle model of ARCC is very simple and clear. Firstly, you need to download the " social and labour proof" into the ARCC decentralized system. Then you need to provide your documents for KYC verification, this is done to eliminate any fraudulent activity to ensure no corruption. There is a social economic research team is actively working to report the level of corruption in a particular area marked with points on the map. The ARCC team is committed to provide a suitable socio-economic model for poor. It is obviously a big task to achieve but the team has the capability to achieve and provide better financial model for Southeast Asia region.

The economic model of ARCC consists of many instruments and functions, each of which have the different working terms and conditions to perform certain tasks. And you can see below how it works

HOW ARCC IS BEST TO HANDLE CORRUPT PRACTICE.

Majority of the irregularities in the cryptocommunity as seen to be caused by the depraved state of projects are as a result of monopoly which is very rampant. That has limited the scope of reach and how other sectors benefit from decentralisation that is going round and round. Arcc hope to resolve this so that the solutions available already in the block chain can easily circulate well without anything holding it. Both the existing market and the just emerging one needs to break all bonds of corrupt practice in them so as to get repositioned for something better than what they have experienced before when it comes to their work or the services they render. This approach will make all operations done steadily at the right time and perfection will be seen in it. Through the decentralisation features it gives for use, all the traces of corruption will disappear so that good state of working and interaction with others can be established. There is a lot more about Arcc that need to be known, it is not a new establishment as it is seen, being backed by The international Blockchaiin Monetary Reserve, it will make so many things possible through its relation with this body. Although this body is having so much relevance in Asia as we speak, it has the aim of making cryptocoins available continuously and preventing all forms of fraudulent practice with them by allowing those who use them to obey certain policy or follow some set of rules to be able to meet up with complaince of use.

THE UNIQUE FEATURES OF ARCC

Discussed below are some of the amazing features that stand out this project, ARCC among others:

DEBT-FREE MICRO ASSET: ARCC is structured as a macroeconomic stablecoin that will act as a debt-free micro asset in a new decentralized inclusive regional economy for investment by the urban working poor into scalable and sustainable entrepreneurial ventures.
OPERATIONAL AUDIT: IBMR.io’s operations will be annually audited by one of the Big 4 global accounting firms and will routinely rotate its auditor every 3 years and make the audit publicly available.
SOCIAL PROOF OF WORK: This feature allows the urban working poor to earn free ARCC, not through hardware mining, but through participation in socio-economic surveys, exposing the systemic corruption around them. This is an act of socio-economic empowerment through financial inclusion.
ZKLEDGER BLOCKCHAIN TRANSACTIONAL AUDIT: The ARCCReserve will integrate zkLedger as an open blockchain platform for transparency and audit of ARCC’s daily total holdings, inflow and outflow of the reserve.
MONETARY POLICY COUNCIL: This is the main mechanism for the governance of the ARCC token economy with a total membership of 300 council members who have exhibited integrity and expertise in the field of crypto economics. The monetary policy for ARCC is a 40-year policy broken up into 3 phases with the first phase of 8 years focusing on the growth of value, the next 10 years on the stabilizing of value and the last 18 years on creating a transactional currency.
RADICAL SOCIAL TRANSPARENCY: Corrupt failing emerging markets suffer from systemic corruption and combating, of course this requires a collective, open, verified and transparent account (Social Proof of Work Network) as a counter force to clearly identify and expose the corruption.

ICO Details

Not only the platform itself, but also the regional cryptocurrency (ARCC) will support the poor's residents. IBMR 's decentralized economic model , officially registered in Singapore, aims to provide this cryptocurrency reserve. I also want to mention a very unusual phenomenon that I have never encountered before. The development team is going to mint coins for the next 40 years and release the annual part of the token. This method helps to regulate monetary policy obligations throughout the Southeast Asia region.