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What is ARX

Tokens

1. What is arx?

ARCS (ARX) is a cryptocurrency, with specific information as follows:

  1. Introduction: ARCS is a cryptocurrency, but the specific project background and objectives are not clearly defined in the provided search results.

  2. Exchange Support: ARCS is listed on multiple cryptocurrency exchanges, including Binance and CoinDCX.

  3. Circulation: According to Binance, the circulation of ARCS is 176,030,825.907 ARX.

  4. Trading Volume: The 24-hour trading volume of ARCS is $81,827.95 USD.

  5. Project Information: No specific project information is provided, including its technical features, application scenarios, etc.

It is important to note that investing in cryptocurrencies carries high risks, and investors should fully understand the related risks and invest cautiously.

2. Who founded arx?

According to the provided information, ARCS (token code ARX) was developed by IFA CO., LTD., and the company's CEO is Masashi Mizukura.

3. Which ventures invested in arx?

According to the provided information, the parent company of Axie Infinity (which may refer to the AXS token) completed a $7.5 million funding round in May 2021 led by Libertus Capital, with participation from Blocktower Capital, Konvoy Ventures, and Derek Schloss, Stephen McKeon of Collab Currency, as well as Mark Cuban, owner of the Dallas Mavericks.

Therefore, the venture capital firms that invested in Axie Infinity (possibly referring to the AXS token) include:

  • Libertus Capital
  • Blocktower Capital
  • Konvoy Ventures
  • Collab Currency (Derek Schloss, Stephen McKeon)
  • Mark Cuban (owner of the Dallas Mavericks)

4. How does arx work?

ARX cryptocurrency (ArbiDex Token) operates based on its underlying technology and application scenarios. Here are its main features and operational mechanisms:

  1. Underlying Technology: ARX is a cryptocurrency based on blockchain technology, utilizing modular development and Turing-complete smart contracts.

  2. Application Scenarios: ARX aims to provide developers and users with an efficient and rapid programmable environment, directly integrating with commercial applications, thereby reducing the cost of blockchain commercialization.

  3. Performance Optimization: ARX adopts parallel expansion technology and operates on a multi-chain parallel mechanism through "main chain + side chain," separating the business of the main chain and side chain to meet the requirement of millions of TPS.

  4. Data Confidentiality: ARX ensures the confidentiality and security of business data on the side chain through data isolation and cross-chain auditing, addressing the balance between data transparency and business confidentiality.

  5. Market Potential: ARX has vast market potential and development space, and its uniqueness and interest may attract the attention of specific groups, thereby driving its market value up.

In summary, the operation of ARX cryptocurrency mainly relies on its underlying blockchain technology and modular development, aiming to provide an efficient and secure commercial application environment.

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