Ark is a cryptocurrency platform built on top an improved Delegated Proof of Stake (DPoS) system derived from Lisk, Crypti, and BitShares. It uses Smart Bridges to communicate with other (new and existing) blockchains to further increase its reach, providing a wider range of features in a single place.
Ark plans to stimulate cryptocurrency mass adoption by offering multiple consumer tools like a card network, game tokens, anonymous transactions, multi-signature accounts, and others. Adding more features and tools along the way.
The ARK platform is needed because people need to make revenue in the future and ARK provides exactly that. It provides future revenue potential via bridged blockchains. ARK offers valuable services to users through the use of multipurpose data and these connections to make new features.
ARK provides users, developers, and startups with innovative blockchain technologies. Accessible via push button clone-able blockchains, and our SmartBridge technology. ARK aims 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.
Ark set a minimum target of 2,000 BTC which was not met. As a result they offered a refund and after this refund decided they had enough to continue the project. After the refund period the total amount raised was 177 BTC and 4,691,413 Lisk. Which at the time of the crowdsale was worth approximately $998,000. There were a total of 2135 participants making it a fairly well distributed ICO with an average investment size of $467.