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Evan Luthra
Nov 1, 2021
by Evan Luthra

Moving the World From E-Commerce to De-commerce Through Arche Network

Arche Network
The world's financial system has seen steady but sure progress towards decentralization. And this is being led by blockchain technology. Even though this innovation has been exciting to see and experience, there are still some problems that exist due to a lack of innovation when it comes to business models in the space. Policy factors have seen some on-chain security assets (Synthetic, Open, Mirror and the likes) unlisted from Decentralized Exchanges like Uniswap. NFTs or assets on Metaverses do not have suitable places where they could be packaged and sold. And when they do, there's the very big issue about high gas fees. Users do not get access to trading long-tail assets if they are unable to provide liquidity. 

There are a whole lot of issues really that are begging for solutions. In this article, I'll be talking about a platform that is looking at providing solutions to these problems; Arche Network. 

What is Arche? 

Arche is a decentralized factory for smart contracts used in financial derivatives. These smart contracts that are supported by the Arche Network build derivatives that include the likes of swaps, futures, options etc while the asset types include an index, on-chain assets, anchor assets and interest rates.

The Arche Network is transforming the traditional E-commerce into a De-commerce ecosystem that will design business models that will suit the on-chain assets to trade perfectly. This will allow everyone to participate in the new decentralized world by providing a decentralized marketplace, a unique mechanism for commissions and customization services. 

Arche Network aims to be a Web 3.0 portal that helps users list their assets and services in a properly decentralized world. The ecosystem of Arche is made up of traders, projects, matchmakers and creators who form an interconnected ecosystem that is governed by a DAO controlled with the use of the ARCHE Token. 

Arche's Mission 

Arches' main mission is to transform E-Commerce into a decentralized crypto assets platform by providing customization services, unique commission mechanisms and decentralized launchpads and marketplaces. 

Arche De-commerce Ecosystem 

The Arche De-commerce ecosystem includes the following partnerships:

  • Project to Order Creator — This is a transactional relationship. When projects succeed, the same thing happens to the Order creator and the places they activate. 

  • Order Creator to Matchmaker — What drives the relationship between Order Creators and Matchmakers are the commissions. The higher the commission an Order creator sets, the more traffic the matchmakers bring to that order. 

  • Trader to Project — This relationship is dependent on loyalty. It has a lot to do with the interpersonal connection between the token holder and the project that the token serves. 

  • Matchmaker to Trader — What drives this relationship is the provision of the order information to the traders 

    • Arche V2.0

    Arche is set to launch it's V2.0 in November. This version has unique features that makes it stand out from the V1. Arche's V2.0 will have a self-driven sharing mechanism that would motivate communities improve their engagement and maximise the effect of promoting on social media. The V2.0 comes with a Matchmaker Program that allows Matchmakers and buyers to both receive commissions whenever the referred user trades. 

     Some other features include:

    • Providing an open platform for the fair launching of NFTs and other assets by using the Chainlink VRF in the mystery box contract. 

    • Providing a transparent and open platform with an open source. 

    • Providing a community launchpad that charges zero fees for listings. 

    • Supporting multi-chain transactions on Ethereum, Binance Smart Chain (BSC) and Polygon. 

    • Providing a diverse selection of assets in mystery boxes. This will allow projects access to a richer range of marketing solutions. Projects could put NFTs or ERC-20 tokens in the mystery boxes.

      • Arche Token

      Token holders of Arche govern the Arche protocol by using three major components: 

      1. The Arche token 

      2. The Governance module 

      3. Staking 

        4. The community behind Arche have the power to propose, vote, and implement agreed-upon changes to the Arche protocol. This way, value is added to the Arche community and it facilitates the progress of the Arche project. 

        Arche Tokenomics 

        Token Supply: 100,000,000

        The Arche Token has an inflation mechanism that becomes effective when the total volume in circulation reaches 100,000,000.

        Allocation 

        Seed Round — 4.00%

        Private Round — 4.79%

        Strategic Round — 5.21%

        IDO & IEO — 1.00%

        Partners & Advisors — 6.00%

        Team — 20.00%

        Staking Rewards — 20.00%

        Liquidity Provision — 5.00%

        Community — 34.00%

         

        Arche Use Cases

        The Arche Token is used for the following purposes;

        • Voting — To be able to vote in the ArcheDAO, users of Arche are required to lock their Arche if they are to get the vArche needed to vote. There's an opportunity for participants to earn extra Arche when they carry out activities like locking their voice and voting on all DAO proposals.

        • Creating Contracts — The Arche Token can be used to create smart contracts. These contracts can be customized to the needs of the creator. The user can design a swap, a bet, a trade and many more transaction activities which the counterpart can accept. A user will need to pay a certain amount of Arche Token to be able to create a decentralized financial contract on the Arche platform. 

        • Trading Incentives — Arche has an innovative tool that helps users with creating contracts that will help them find fitting counterparts. The Arche Token will be used to pay the incentive when the creator of the contract sets a paring reward for his order. 

        • Staking — To guide the future of Arche protocol, users can propose and vote on the ArcheDAO. When users stake Arche in the DAO, they get the vArche as a form of reward for staking. 

          • To know more about Arche, you can follow them here:

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          Arche Network
          Moving the World From E-Commerce to De-commerce Through Arche Network
          Evan Luthra
          Evan is a tech-obsessed thought-leader who has spoken at 100s of conferences around the world. He has extensive knowledge and experience in mobile apps and his company, EL Group International, has developed and delivered mobile apps for major Fortune 500 companies. He has also received an honorary Ph.D in Blockchain for the impact he has made in the industry from launching Blockchain Schools to Blockchain Coworking spaces and having spoken at 50+ Blockchain events. As a highly accredited Angel Investor, Evan believes in stepping out of his comfort zone and exploring the power of conceptualization, innovation and execution.

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