ARCC – Creating and Reallocating Wealth Through The Killing Of Corruption.steemCreated with Sketch.

in #arcc5 years ago (edited)

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The structure of the ARCC Currency reserve is a system that have its own monetary policy mandate dictating the price movement for ARCC and would be traded on a daily basis. The currency reserve of ARCC will be directly funded by the rise in tokens and the inflow of funds through the investment in regional infrastructure and industry projects.

Token raise

In the distribution of the funds generated by the funds coming through the rise in tokens. 90% of the token raise will go to seeding this structure with 50% going to the currency reserve and 50% going to investments.
Regional infrastructure and industry projects
80% of the profit generated from the regional infrastructure and industry projects flows into the reserve.

The inflow of funds into the reserve however, is not complimented with the outflow of funds or profit allowing it only to grow in both fiat and crypto currency.

The Structural components of the ARCC Currency Reserve.

The currency Reserve
The currency reserve inflow funding mechanism
The underlying regional investments.
The above listed facilities make up the components of the currency reserve.
The currency reserve has come to interact directly with the exchange market to buy and sell ARCC. The inflow of funds into the currency reserve of ARCC is known to occur by
seeding of the ARCC Currency Reserve.
professional asset management in order to manage the excess liquidity of the currency reserve.
Profits from regional investments being done by ARCC

  • Profits from other incomes.

The value of ARCC at first, will be determined by the rise in token since 90% of the value would be allocated equally. It serves a risk structure inverse as the more the raise in token, the less the take on risk. The inflow of funds is how the reserve grows.
The ARCC reserve is a way funds are introduced into the pocket of ARCC that serves the currency. It takes two forms the token raise and funds from regional infrastructure and industry projects. The reserve allows the wealth of the ARCC currency to grow and serve its true purpose of benefitting the world.

The world of corruption getting eliminated with cryptocurrency based platforms..
Bitcoin came as a proof to the concept of decentralization of peer-to-peer trustless electronic cash. It opened the eyes of the world to a currency other than the traditional currency of dollars, euro’s, yens and so on that we know. It brought the economic achievement of the global non-fiat currency.
Although Bitcoin came fully equipped, it didn’t solve the issue facing the economic structure of emerging markets which is the corruption in the system.

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Scope of the project

Usually, it is restricted and relatively impossible for NGOs and other foreign-based agencies to deal with another countries corruption. However, the corruption is present and we are all being affected as we have become targets for exploitation and maneuvering. This leads to IBMR.io proposing a block chain technology approach for the development of emerging markets in south east Asia which allows the solution to become easy to provide based on a decentralized platform that is independent and built from the start rather than modifying existing corrupt centralized systems which would be much more difficult to achieve. As such there is the presentation of a new economic development model based on the power cryptocurrencies bring with them. The decentralization not only fosters interconnectedness and instant widespread but also it brings a true democratic effect where everyone’s participation is important and possible.

IBMR.io introducing ARCC

IBMR.IO decided on the action to create a social proof of work rewarding users with ARCC (Asia Reserve Currency Coin.) that helps to eradicate the issue of corruption in the southeast Asia. This social proof of work allows its users to participate in corruption eradicating movements which include socio-economic surveys and direct report on and get cross-verified points of corruption in the urban areas. In order to get people, participate in the movement, ARCC are earned by the users through the act of social mining.
ARCC, in order to establish itself as a long term valued currency would be position itself as a macroeconomic stable coin ‘regional crypto-reserve currency’ and a ‘micro asset”.

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Conclusion

The widespread corruption in emerging markets has led to an innovation of using decentralized systems to solve the issue. The advantages brought by crypto currencies is becoming limitless and it just provides almost all the solution to our marketing problems giving every person the right to control the market without a central control.

The Team

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