ArcBlock

ABT is the native utility token of the ArcBlock platform. It is used within the ecosystem for various operational and incentive purposes, including:

• Paying for services: ABT is used to cover the cost of using ArcBlock’s platform services, similar to how cloud service subscriptions operate.

• Developer staking: Developers may be required to lock ABT tokens when deploying mission-critical services.

• Ecosystem incentives: Contributors such as miners (both resource and component miners) receive ABT as rewards for supplying compute resources or developing reusable components like Chain Adapters and Blocklets.

• Marketplace transactions: ABT facilitates exchanges within the ArcBlock Marketplace, where users can obtain and contribute components, services, and applications.

• Token economy support: Applications developed on ArcBlock can issue their own tokens, which inherit ArcBlock’s features and can interact with ABT where needed.

ArcBlock also enables developers to map ABT to ERC-20 tokens for compatibility with Ethereum infrastructure.