Question 1

What is it?

Accepted Answer

**Token:**
ARK is a native cryptocurrency token of the ARK Public Network (APN). The ARK token represents a unit of account on the APN, ensuring the smooth operation of the network, validating transactions, and securing the distributed ledger.

**Platform/Project:**
The ARK Public Network (APN) is a blockchain platform designed to empower developers and users by providing a suite of tools to create and deploy blockchains. The ARK ecosystem emphasizes interoperability and aims to facilitate communication among different blockchains. With the "Point. Click. Blockchain." initiative, ARK aims to streamline the process of creating a personalized blockchain.

Question 2

What is it used for?

Accepted Answer

ARK tokens serve multiple purposes within the ARK Public Network. They are used for:

**Transaction Fees:** Whenever a user initiates a transaction or performs an action on the ARK network, they pay a small fee in ARK tokens.
**Delegated Proof-of-Stake (DPoS):** ARK employs a DPoS consensus mechanism. In this system, ARK token holders vote for delegates responsible for validating transactions and maintaining the network's security. Voting power is determined by the number of ARK tokens a user holds.
**Staking:** ARK token holders can stake their tokens to earn passive rewards. By staking ARK, users contribute to the network's stability and security.

Question 3

Who created it?

Accepted Answer

ARK was created by a group of 27 individuals from diverse backgrounds who shared a common vision of enhancing blockchain technology's adaptability and reach. The project was launched in 2016, and since then, the ARK team has expanded, comprising various experts in the fields of blockchain development, business strategy, and software engineering.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ARK-TRY ARKTRY	binance	AA	6.86TRY	-2.00%	18,205,032.50ARK	14,798	7.00TRY	7.69TRY
2	ARK-USDT ARKUSDT	binance	AA	0.1406USDT	-2.50%	14,593,951.00ARK	27,125	0.1442USDT	0.1583USDT
3	ARK-USDT ARK_USDT	whitebit	BB	0.1411USDT	-2.15%	1,316,323.00ARK	23,742	0.1442USDT	0.1589USDT
4	ARK-USDT ARK_USDT	gateio	A	0.1401USDT	-3.01%	168,425.00ARK	329	0.1444USDT	0.1575USDT
5	ARK-USD ARK_USD	cryptodotcom	AA	0.1484USD	-3.92%	134.60ARK	4	0.1545USD	0.1545USD
6	ARK-KRW KRW-ARK	upbit	B	193.00KRW	-2.03%	23,684,746.26ARK	5,558	197.00KRW	216.00KRW
7	ARK-KRW ARK_KRW	bithumbkorea	-	194.00KRW	-1.52%	7,388,193.56ARK	2,181	197.00KRW	215.00KRW
8	ARK-EUR ARK-EUR	bitvavo	B	0.1232EUR	-1.67%	2,515,282.64ARK	887	0.1253EUR	0.1371EUR
9	ARK-USDT ARKUSDT	mexc	C	0.1409USDT	-2.25%	860,247.60ARK	3,406	0.1441USDT	0.1578USDT
10	ARK-USDT ARKUSDT	coinex	C	0.1407USDT	-3.36%	4,836.24ARK	1,473	0.1456USDT	0.1570USDT
11	ARK-BTC BTC-ARK	upbit	B	0.0₅2040BTC	0.00%	0ARK	0	0.0₅2040BTC	0.0₅2040BTC
12	ARK-USDT ARKUSDT	latoken	D	0.1536USDT	0.00%	0ARK	0	0.1536USDT	0.1536USDT
13	ARK-USDT ARKUSDT	hitbtc	E	0.08994USDT	0.00%	0ARK	0	0.08994USDT	0.08994USDT
14	ARK-BTC ARKBTC	hitbtc	E	0.0₅2605BTC	0.00%	0ARK	0	0.0₅2605BTC	0.0₅2605BTC