New token integration: welcome $ARC!

HYVE

Oct 3, 2022 • 2 min read

Welcome back to our series of continuous token integrations! This is not getting old, is it? Our goal for HYVE to become a platform that expands your payment possibilities to the max is getting more attainable daily! This week we are all about making freelancers’ lives easier, especially in the crypto space. For this reason, we have integrated $ARC, the token of Arc Market, one of the most promising projects in web3!

Arc Market - crypto’s command console

Arc Market is a decentralized multi-market aggregator and trading terminal. It enables users to manage digital asset portfolios across multiple blockchains. Arc Market aims to be the leading aggregator to bridge the entire crypto ecosystem. Without having to switch between applications, and go through multiple log-in procedures, a user is able to buy, trade, and manage thousands of digital assets across various platforms. ARC integrates with decentralized and centralized exchanges, NFT marketplaces, lending protocols, staking platforms, and many more.

In addition, this project appeals to both institutional-grade investors and retail users. Along with providing advanced trading tools and instant liquidity for institutional or professional participation, the platform features an intuitive and powerful interface particularly useful for crypto newcomers and individual investors.

The latest addition of Arc is the Arc Reactor, a no-code platform, allowing the development of smart contracts and dApps. The Reactor provides a rich design, which drastically simplifies the time spent to understand, modify and create smart contracts. This is a revolutionary tool in web3, which will permit to ship a EVM code to any other chain supporting EVM. The Arc Reactor is undoubtedly a revolutionary tool within the web3 space, and represents a drastic shift from how code has been audited, shipped, created and altered.

$ARC caught your interest?

The native cryptographically-secured fungible protocol token of the ARC platform, $ARC, is a transferable representation of attributed utility functions specified in the protocol of the ARC platform, designed to be used solely as an interoperable utility token thereon. $ARC is a functional multi-utility token that is used as the medium of exchange between participants on the ARC platform in a decentralized manner.

Briefly said, $ARC gives holders an opportunity to profit through staking and receive a share of the project’s revenue. Its goal? $ARC provides a convenient and secure mode of payment and settlement between participants who interact within the ecosystem of Arc Market, without any intermediaries such as a centralized third party.

Ready to be in full control over your funds? Scroll down for the contract addresses down below:

ETH: 0xc82e3db60a52cf7529253b4ec688f631aad9e7c2

Up next for HYVE…

We plan to integrate further tokens over the next couple of weeks, with more than five different integrations planned. Nevertheless, we know it has been quite some time since our last development update, meaning something is cooking behind the scenes. We have been improving the platform, with many backend improvements - so do expect an update blog in the near future!

Disclaimer

The information provided does not constitute investment advice, financial advice, trading advice, or any other sort of advice, HYVE does not recommend that any cryptocurrency should be bought, sold, or held by you. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. HYVE is not liable for investment gains or losses.