Arcona

What Is Arcona (ARCONA)?

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-721 non-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:

20% is held by the team

7% is given to advisors

2% is allocated for bounty

11% is in the reserve fund

60% of the token supply is for sale

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

10% is allocated for sales

12% is kept to fund events and exhibitions

10% is set aside to finance partnership projects

6% went to other expenses

How Is the Arcona Network Secured?

ARCONA (Arcona) is an ERC-20 standard token deployed on the Ethereum network. In June 2021 the company launched ARCONA also on Binance Smart Chain (BSC) and Minter blockchain.