Ark profile
Ark Profile (ARK)
Rating: C | Good
Balanced Micro Cap
Project Safety Score

Mon, Jan 24, 2022 7:38 AM

C
Rating Good
Market Cap $112890899.78084
24hr Volume $2273892.5888145
Price $0.83849708097309
Review

Ark

coin

1stgen blockchain

ARK provides users, developers, and startups with innovative blockchain technologies. They aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need. It is fast, decentralized, scalable, collaborative, bridging and open-source. The ARK Desktop Wallet is natively built for all major Operating Systems. ARK wallets connect to fully synced network peers removing the need to download the full blockchain. ARK operates using a Delegated Proof-of-Stake (DPoS) consensus algorithm. Unlike Bitcoin, in which miners with expensive rigs secure network transactions, the ARK network is secured by delegates. There are hundreds of potential delegates, but token holders in the ARK ecosystem continuously vote on who actually gets to be an active, forging delegate. Only 51 delegates make the cut. As a token holder, you’re only allowed to vote for one delegate at a time. The fee to vote/unvote is just 1 ARK, so it’s advantageous to at least vote once for a delegate you support. The more ARK tokens you own, the more powerful your vote. ARK was launched in February of this year by 27 members spread across the world. With team members located everywhere from California to Bulgaria – the ARK Crew is truly decentralized. The team currently consists of 15 core members. The ARK infrastructure is modeled heavily on that of three older projects: Bitshares, Crypti, and Lisk. In fact, some of the ARK developers were previously developers on some of those projects. Francois-Xavier (FX) Thoorens, the CTO, was a core developer at Lisk in 2016. Ark Community A diverse group of people and skill sets, including Full Stack and Web Developers, Network Engineers, Hardware Experts, Money Managers, Musicians, Traders, Social Media Promoters, and Business Owners, uniting to realize a vision shared by 30 members of the ARK Crew. All passionately devoted to collaboration and the development of the ARK ecosystem and community. Ark Token Secured by a cryptographic blockchain network similar to Lisk and Crypti, running on a Delegated Proof of Stake Consensus Algorithm developed by Bitshares. ARK DPoS provides a newly adapted voting system and incorporates many improvements over previous DPoS implementations. SmartBridge To increase the reach of the ARK platform, ARK bridges together useful and proprietary blockchains through the use of ARK SmartBridges. These SmartBridges allow for communication among validated bridged blockchains with the ability to perform tasks and advanced functions. Through the use of SmartBridges, the ARK Crew is able to connect many popular blockchains and finally create a unifying bond among different ecosystems. As examples, the first blockchains the ARK Crew will bridge are: Bitcoin, Ethereum, Lisk, 3rd Party Anonymous Network Integration, one or more proprietary gaming economy tokens (Codename: A***** [Ticker: A***]), and numerous other bridges connecting new and already existing blockchains in the future. Security Because we understand security is a major point of concern for everyone, cryptographic and security principals are incorporated throughout the entire Development Life Cycle to guarantee a secure core meeting the requirements and expectations of our users. Through continuous risk analysis and internal recurring penetration testing, we provide a system that fulfills the high standards required by this type of environment. Privacy ARK Anonymous Network Integration provides ARK users with optional privacy when sending ARK transactions throughout all of the services developed for the ARK platform. Anonymization services could be potentially provided by a 3rd Party technology integration Partnership. Self-Sustaining The ARK Crew has a mission to make blockchain technology easily accessible to consumers​, even to the point where consumers do not know that they are using it. We not only develop the tools bridging the virtual with reality, but also provide the unique services consumers want, understand, and are willing to purchase using ARK. The ARK Crew develops additional platforms and services benefiting from the ARK technology, providing online and offline revenue streams for the ARK Platform, and leading to faster research and development of new and exciting ways to encourage consumer participation, educating them about blockchain technology, while simultaneously adding value to the ARK coin. By incorporating revenue streams into our projects, the ARK Crew can provide even more unique services for user adoption as we grow.

Read more in the whitepaper:
https://ark.io/Whitepaper.pdf

Ark Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Ark Safety Report

Ark has a safety score of 6.21

Ark is a micro cap coin.

Ark is suited to a balanced investment style.


Ark Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • tradingview profile

Ark Red Flags

There are currently no Ark red flags.


Ark Development Score

The Ark project has 56 active source code repositories.

The most recent commit was Mon, Jan 24, 2022 5:31 AM

  • 404 Watchers
  • 690 Stars
  • 772 Mentionable Users
  • 0 Vulnerabilities
  • 288 commits in the last 28 days.
Highlights:
  • very good mentionable users
  • extremely high repo stars
  • daily repo updates
  • good stars
  • below average watchers

Ark Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • A collection of articles to be just about confident of the sentiment
  • The overall sentiment is very positive

Ark Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Ark?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Ark has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • low reddit articles

Ark Awareness Score

The awareness score indicates how well Ark is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Ark is but a good measure of longevity is how well the project is known by the general public.

Overall Ark this project is has some exposure in the wider population. In general as the project grows the community score will increase or if the community looses interest then it can of course decrease.

Highlights:
  • average search result total
  • good number of news articles mentioning Ark
  • below average number of headlines about Ark
  • very low number of Ark YouTube videos

Ark Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Mar 22, 2017)

Ark Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • low USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Ark Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

ARK
Member Ratings (ARK)

5/5

2 reviews
Ratings and reviews left by our members do not impact the profile score.
OneNetwork.Net
Tue, Feb 4, 2020 7:19 PM
Ark is the best! It's not scam vaporware like Lisk, Cardano, Wanchain...
0 0
Dalwara Singh
Thu, Sep 6, 2018 10:03 AM
ARK is Best than LISK, STRATIS, WAVES, wanchain....
3 0

93.75%

Complete
Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • tradingview profile
Member Signals

5/5

(2 reviews)
Member Ratings
Market Cap Rank:
343
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Ark Github
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