I've looked into this ICO quite deeply already, and it is has all the markings of a total scam .... please upvote this comment if you believe it's worth highlighting this fact (or at least, highlighting the evidence pointing to it being a scam that I haven't yet found well rebutted anywhere, although I did go through one 'rebuttal' written by the guy behind Arisebank, which only made me more confident that it is in fact a scam), because it looks like a lot of people are losing a lot of money on this scam, due probably in large part to the apparent credibility given to it by the partnership with Bitshares.
Here's some articles demonstrating that it's a scam - it should be pretty easy to confirm for yourself that it's truly a scam by just confirming for yourself some of things pointed out by these articles:
https://medium.com/@aenigmacapital/investor-warning-arisebank-ico-strategic-partnership-with-bitshares-is-a-scam-96b8b473a61d
https://medium.com/@finmakler_sokol/arisebank-my-2-cents-based-on-the-chat-in-the-pivx-arisebank-channel-and-some-research-done-over-5305ff97f5bd
There's also one post I found on steemit looking into it further, but it seems to have been downvoted, which is unfortunate - https://steemit.com/bitshares/@clockwork/more-proof-arisebank-is-a-scam
You can also simply google 'jared rice and stanley ford' to read about Jared Rice's past scams - Jared Rice is the guy behind Arise Bank.
If, despite all the evidence, it's somehow not a scam, I'd love to see someone illustrate why by properly addressing all the claims pointing to all the clear red flags all over this that these articles make.