The ARC token has been minted.
Circle is the first publicly traded company to mint a network token for a new blockchain.
This is a technical milestone in the Arc roadmap as the network explores a future transition from Proof of Authority toward Proof of Stake.
The minting of ARC does not represent any commitment to a public launch of the token.
ARC is not live, tradeable, available for public use, or active for staking, governance, fees, or utility. The Arc network remains Proof of Authority today. Future ARC functionality and activation remain subject to change.
Official ARC contract: https://t.co/NldipcFjQO
Bubblemaps is ready for the .sol Upgrade.
@bubblemaps has updated its SNS integration to support the upgrade across its visual analytics platform.
Another platform ready. Kudos to the Bubblemaps team!
2/ $ARC was just minted and is now visible onchain
Circle minted 10B and distributed it across 11 addresses (via the null address)
Follow them in real time:
https://t.co/pY1Rpl8vui
3/ 0x8921 later transferred all his tokens to 0x94a3
0x94a3 sold $100k of $ARGUS but still holds 2.6% of the supply, worth $900k
He’s now the token’s top trader