Name Archer DAO Governance Token
Market Capitalization$28.71 million
Coin or TokenCoin
Official Website (Alt)N/A
Message Board (Alt)N/A
Blockchain Explorer (Alt)N/A
Archer DAO Governance Token (ARCH) Frequently Asked Questions
What is Archer DAO Governance Token?
The original ARCH whitepaper focused on the concept of controlling the flow of information within a decentralized autonomous corporation (DAC) in an effort to promote financial stability and growth within a DAC and protecting sensible information. While most cryptocurrencies are created as an alternative to bitcoin, ARCH was created as a startup holding DAC whose equity is represented by a cryptographic token. The goal is to test new applications of blockchain technology as well as to model an investor-token relationship in a use-case scenario involving a real startup with palpable products and services. To improve equity fungibility, revenue from any of the holding company's products or services is to be used to purchase more tokens from the market, thereby making the holding DAC's equity token exponentially more valuable with each additional revenue stream. Although no substantial revenue has been injected into ARCH's fungibility yet, its tiered conditional access levels have created a natural self-audit system that has proven very effective when it comes to managing this pseudo-corporate setup and its investors. Value in information is trusted to investors according to their own responsibility in the pseudo-corporate structure. In this tiered setup, the amount of tokens held serves as a basis of evaluating trust and involvement with the DAC itself. This system promotes unbiased transparency by the developers and corporate responsibility on behalf of the investors. This system alone, without any major revenue stream, has already proven itself as the backbone of the current stable growth in the ARCH equity token's market cap. This unique approach opens doors for a new generation of DACs, fusing decentralized communities with traditional corporate structures using tiered conditional access levels to secure the flow of information. Although tailored to our specific ventures and “community” needs, the ARCH wallet concept is an outstanding, first-of-its-kind example for other future DACs looking to combine all relevant information and tools regarding the DAC's and its equity token in one place. ARCH is taking that concept even further and seeks to integrate the whole corporate structure into its wallet as the DAC grows. In a nutshell, Arch rearranged how investors interacted in DACs to establish healthier lines of communication while changing the financial structure so that FIAT revenue would be injected directly into the tokens fungibility instead of being distributed through dividends.Their products, services and software are inspired by bitcoin, disruptive and innovative but not interdependent. (Description provided by CryptoCompare)
How do I buy Archer DAO Governance Token?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Archer DAO Governance Token.
Where can I get Archer DAO Governance Token wallet?
Archer DAO Governance Token produces its own wallet software that is available for download on its website, which allows you to store Archer DAO Governance Token on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Archer DAO Governance Token?
One Archer DAO Governance Token (ARCH) is currently worth $3.14 on major cryptocurrency exchanges. You can also exchange one Archer DAO Governance Token for 0.00005543 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Archer DAO Governance Token in U.S. dollars is $28.71 million.
What hashing algorithm does Archer DAO Governance Token use?
Archer DAO Governance Token is a proof of stake (PoS) coin that uses the Scrypt algorithm.
How do I mine Archer DAO Governance Token?
Archer DAO Governance Token and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to Archer DAO Governance Token?
The following coins use Archer DAO Governance Token's Scrypt algorithm and proof of stake (PoS) proof-type: Uniswap, Doctors Coin, Public Mint, Parachute, ACoconut, Peony, AllSafe, HollyWoodCoin, UNICORN Token, Rupee, MedicCoin, UNI COIN, MintCoin, DigiFinexToken and dFuture.
MarketBeat Community Rating for Archer DAO Governance Token (ARCH)
MarketBeat's community ratings are surveys of what our community members think about Archer DAO Governance Token and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
|Community Ranking: || ||1.2 out of 5 ()|
|Outperform Votes: || ||1 (Thanks for Voting!)|
|Underperform Votes: || ||3 (Thanks for Voting!)|
|Total Votes: || ||4|
Archer DAO Governance Token (ARCH) Price Chart for Friday, May, 7, 2021
Archer DAO Governance Token (ARCH) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Archer DAO Governance Token. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Archer DAO Governance Token Coin" over the last 90 days.
Archer DAO Governance Token (ARCH) Website Traffic
Archer DAO Governance Token (ARCH) Social Media Trends
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