About Arro Social
Arro Social (ARRO) is a cryptocurrency launched in 2018and operates on the Ethereum platform. Arro Social has a current supply of 0. The last known price of Arro Social is 0.0002149 USD and is up 0.00 over the last 24 hours. It is currently trading on 3 active market(s) with $17.99 traded over the last 24 hours. More information can be found at
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Market Stats
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Additional info about Arro Social
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xE630943d2a62CfB48DBCd1be812f74f8DfA6EfF5 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.000215 | 0.00% |
1 Year | $0.000200 | 0.00% |
FAQ
Arro Social is a token-based social network that enables individuals to share their content on the platform and earn cryptocurrency. The platform aims to create opportunities for individuals to generate social wealth and connect with their friends and favorite products. The official website of Arro Social claims that the platform aims to share the spirit of the legendary Robin Hood by reshaping the basics of social networking and generating wealth for the content creators.
According to the whitepaper of Arro Social, social networking sites take the personal data of users and make huge wealth out of it. Every click, write-up, or view, users generate content for social media platforms, for which they are not rewarded. Social networking sites generate wealth through advertising, and the users do not get any fraction of the amount for their content. Arro Social aims to give back the ownership of content to the users. The platform also states that users can earn crypto by watching advertisements that spark their interest.
The blockchain technology of Arro Social aims to serve as a secure base layer for providing consensus on the token allocation of ARRO, the utility token of the platform. ARRO is an ERC-20 token on the Ethereum blockchain. The whitepaper states that Arro Social aims to follow Delegated Proof of Stake (DPoS) principles for the blockchain development of the platform. Delegated proof of stake (DPoS) is a blockchain verification and consensus mechanism. Stakeholders in a delegated proof of stake system build consensus based on the amount of funds they have staked in the cryptocurrency system.
Arro Social rewards the miners with ARRO for validating the crypto and providing inputs for the development and product direction. Moreover, every platform user receives a portion of ARRO, which shows value for users’ time.
The whitepaper of Arro Social was published in April 2020. Phil Simpkins is the CEO of ARRO, a serial entrepreneur with project and operations management. Lev Burov is the CTO of AARO Social, an expert in developing scalable web and mobile apps.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.