Crypto Review: Ark (ARK)

in #cryptocurrency7 years ago (edited)

This is a series of posts highlighting my coin reviews. Links to past reviews are available at the bottom.

Ark (ARK)

Unique Technology
Professionalism
Website
White Paper
Community
Market Cap
Exchanges
Product Available

  1. Unique Technology (technology is unique or has a competitive advantage)
    • Ark is a platform for blockchain tech. They have a unique staking system where you vote for a delegate and receive tokens based on your total (removing the need for you to have your wallet always connected). Their competitors include NEO and ETH.
  2. Professionalism (interactions with the community and media are professional)
    • Ark's press releases and community interactions have been very professional and consistent.
  3. Website (website is well designed, easy to navigate, and content isn't full of typos)
    • Ark's website is very easy to navigate and very well designed.
  4. White Paper (white paper is complete, succinct, and clear goals/roadmap)
    • Ark's white paper has a great summary of the technology in development and a detailed roadmap.
  5. Community (strong community who's positive about the coin's future)
    • Ark updates via Twitter and other social media at least once per week and has an active Reddit community with 19,743 subscribers.
  6. Market Cap (ratio between coin supply and price shows there's ample room for growth)
    • Ark currently sits with a market cap of ~ $666 million. The final supply is still to be determined. It currently sits at Rank 45 on CoinMarketCap so has room to grow.
  7. Exchanges (coin is accessible on reliable exchanges)
    • Ark is available on Bittrex, Binance, Cryptopia, Upbit, Bit-Z, OKEx, LiteBit.eu, COSS, and Cryptomate.
  8. Product Available (the product is available for users)
    • Ark has one of the best token specific wallets available and has a very transparent view into the progress for their other applications.

Overall, I think Ark has a very promising future if they continue with their high-quality releases.

A disclaimer, I do own ARK.

Please let me know if you have any questions.

Thanks for reading!

Past Reviews

Sort:  

looking forward to seeing what you have to say about this project. thanks for covering it.

Thanks. Ark has been one of the more consistent teams in delivering. I have a lot of respect for the team and what they're building. They're definitely a slow burn, so I wouldn't expect any flashy, over-hyped announcements. But what they do deliver, will be solid.

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
ARKArk6.807$-6.72%3.33%
COSSCOSS0.996$5.44%-10.5%
ELIXElixir0.728$8.54%-10.42%
ETHEthereum1059.800$0.02%0.25%
NEONEO138.334$-0.24%-1.19%