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Arianee

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This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Arianee?

Arianee (ARIA20) is a cryptocurrency deployed on the Arianee protocol, which operates on both Ethereum and POA networks. It is an ERC-20 compliant token, ensuring fungibility and compatibility. The token is essential for the protocol's operation, facilitating payment for NFT generation, messaging, and event creation. It also supports the protocol's independence and decentralization, preventing external control and ensuring a revenue stream for the Arianee Association.

How is Arianee used?

The Arianee (ARIA20) token is a payment token that plays a crucial role in the Arianee protocol, which enables brands to create and manage digital product passports. Here are the key ways the ARIA20 token is used:

  1. NFT Generation: Brands must purchase ARIA20 tokens to generate NFTs, which are used to represent digital product passports. These NFTs are dynamic and can be enriched with additional features such as asynchronous claims, private content, and event time-stamping.

  2. Message Sending: Brands use ARIA20 tokens to send decentralized messages to the owners of these NFTs, enhancing the customer experience and fostering direct communication.

  3. Event Creation: The token is required to create events that enrich the NFTs, such as updating the content or history of the NFT.

  1. Protocol Governance: The Arianee Association, a non-profit governing body, uses the revenue generated from ARIA20 transactions to ensure the protocol's independence and autonomy. This includes staking ARIA20 for certified brand identities.

  2. Ecosystem Alignment: The economic environment created by ARIA20 aligns the interests of developers, investors, brands, and partners, encouraging them to contribute to the growth of the ecosystem.

In summary, ARIA20 is the fuel that powers the Arianee protocol, enabling brands to create and manage digital product passports, interact with customers, and ensure the long-term independence of the protocol.

How do I store Arianee?

To store Arianee (ARIA20) tokens, you can use a digital wallet that supports Ethereum (ERC20) tokens. Since ARIA20 is an ERC20 token, you can store it in any Ethereum-compatible wallet. Some popular options include MetaMask, Trust Wallet, and Ledger Live. Ensure that your wallet is set up to support the Ethereum Mainnet and that you have the correct contract address (0xeDF6568618A00C6F0908Bf7758A16F76B6E04aF9) to receive and manage your ARIA20 tokens.

How to buy Arianee?

To buy Arianee (ARIA20) tokens, follow these steps:

  1. Choose a Crypto Wallet: Select a reliable crypto wallet that supports the Ethereum blockchain, such as Coinbase Wallet, MetaMask, or TrustWallet. Ensure the wallet is compatible with your preferred payment method and policies.

  2. Set up Your Wallet: Create an account, provide personal information, and set a strong password. Note down the secret recovery phrase or seed words carefully for future reference.

  3. Buy a Base Currency: Choose a widely traded cryptocurrency like Bitcoin, Ethereum, or Tether. You can purchase this base currency on a centralized exchange like Binance.

  1. Transfer Funds to Your Wallet: Withdraw the base currency from the exchange to your crypto wallet. Ensure you have the correct wallet address and network settings.

  2. Choose a Decentralized Exchange (DEX): Select a DEX that supports your wallet, such as Pancake Swap or 1inch. Compare trading fees and liquidity before making a choice.

  3. Buy Arianee (ARIA20): Connect your wallet to the DEX, select ARIA20, and enter the amount you want to trade. Be cautious of market trends and trading fees.

  1. Find the Smart Contract (if needed): If ARIA20 is not listed on the DEX, locate its smart contract address using tools like BscScan or Etherscan. Paste the correct contract address into the DEX to complete the transaction.

Remember to diversify your portfolio and be aware of market risks and scams during the process.

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History of Arianee

The history of Arianee (ARIA20) is deeply intertwined with the development of the Arianee protocol, which aims to create a decentralized and open ecosystem for digital ownership and identity. The protocol is built on multiple blockchains, including Ethereum and POA Network, allowing for scalability and flexibility.

The $ARIA20 token is the native currency of the Arianee protocol and plays a crucial role in maintaining the protocol's independence and accessibility. It is used by brands to generate NFTs, send messages to owners, and create events, ensuring that the protocol remains free from external control and regulation.

The Arianee protocol has been designed with long-term sustainability in mind, with brands envisioning a future that spans decades. The $ARIA20 token is integral to this vision, ensuring the protocol's autonomy from other tokens and cryptocurrencies.

In terms of its performance, Arianee has experienced fluctuations in price, with predictions suggesting a potential rise in value over time. Historical data shows that the token has recorded both green and red days, indicating a mix of positive and negative price movements.

The Arianee protocol has also seen significant growth in terms of NFTs minted, on-chain events, and messages, demonstrating its increasing adoption and usage. The token's utility extends to facilitating governance and revenue streams for the Arianee Association, ensuring the protocol's continued independence and development.

Overall, the history of Arianee (ARIA20) is marked by its commitment to creating a decentralized and sustainable ecosystem for digital ownership and identity, with the token playing a central role in maintaining the protocol's independence and functionality.

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How Arianee works

Arianee (ARIA20) is a cryptocurrency that operates within the Arianee Protocol, a decentralized system designed to empower users to securely claim ownership of their items and stay informed about product history and lifecycle. Here's how it works:

Key Components
  1. Tokenized Digital Product Passports: Arianee enables brands to create digital passports for their products, which are backed by blockchain technology. These passports are represented as non-fungible tokens (NFTs) and are stored on public blockchains.

  2. Multichain Deployment: The Arianee Protocol is built on both the Ethereum mainnet and a side-chain called POA Network. This allows for scalability while still benefiting from Ethereum's decentralized finance infrastructure. The protocol also supports deployment on other EVM-compatible layers, ensuring flexibility and high performance.

  3. Tokenomics: The ARIA20 token is integral to the protocol's operation. Brands must purchase ARIA20 to generate NFTs, send messages to owners, and create events to enrich NFTs. This ensures the protocol's independence and prevents external entities from controlling access.

  1. Governance: The Arianee Association governs the protocol, and the ARIA20 token facilitates a revenue stream for the association without intermediaries, ensuring the lasting independence of this non-profit body.
Functionality
  1. NFT Management: Brands can create and manage NFTs using the Arianee Protocol without technical knowledge. The NFT Management Platform allows for the creation, reservation, and claiming of digital passports.

  2. User Empowerment: Users have full control over their data and can interact with NFTs and decentralized applications (dApps) using the Arianee Wallet, which is a non-custodial Ethereum wallet.

  3. Interoperability: The protocol ensures native interoperability with various information systems, enhancing user control and data integrity while reducing friction and risks associated with centralized systems.

  1. Scalability and Performance: The integration with Polygon CDK aims to redefine benchmarks of performance, scalability, and interconnectivity, making it more efficient for brands to manage their digital product passports.
Benefits
  1. Strengthened Customer Relationships: Brands can offer exclusive post-purchase services and enhance customer experiences through digital product passports.

  2. Extended Product Lifespans: The protocol promotes sustainability by enabling the tracking and management of product lifecycles.

  3. New Income Models: Brands can generate revenue through token-gated ownership services and the second-hand market.

  1. Enhanced CRM: Service logs and data integrity enable brands to better understand their customers and improve their relationships.
Environmental Impact

Arianee emphasizes sustainability, with its blockchain activities generating the equivalent of less than a week of energy consumption of a European family since the project started.

Future Development

The protocol is poised for expansion, with preparations in place for significant business growth in 2024. The integration with Polygon CDK and other EVM-compatible layers will continue to enhance performance, scalability, and interconnectivity.

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Arianee's strengths

The token Arianee (ARIA20) has several strengths that contribute to its potential success:

  1. Decentralized Governance: The Arianee protocol is designed to ensure independence from external entities, maintaining its open nature and preventing intermediaries from controlling access. This is achieved through the integral role of the $ARIA20 token in the protocol's operation.

  2. Sustainability: The brands involved with Arianee envision a long-term future, and the $ARIA20 token is crafted to foster sustained independence, securing the protocol's autonomy from other tokens or cryptocurrencies.

  3. Flexibility: The Arianee protocol remains agnostic, capable of deployment across various blockchains as needed, utilizing the same $ARIA20 token to ensure uniform functionality.

  1. Revenue Stream: The $ARIA20 facilitates a revenue stream for the Arianee Association, which governs the protocol, without any intermediaries, ensuring the lasting independence of this non-profit body and the ecosystem built on top of the protocol.

  2. Certified Identity: The token is necessary for staking to achieve certified identity, which is a key feature of the Arianee ecosystem.

  3. Economic Alignment: The economic environment aligns interests, creating conditions for developers, investors, brands, and partners to bet on the future growth of the ecosystem.

  1. Scalability: The protocol is built on both Ethereum mainnet and a side-chain called POAnetwork, enabling scalability while benefiting from Ethereum's Decentralized Finance infrastructure.

These strengths position Arianee (ARIA20) as a robust and adaptable cryptocurrency with a strong foundation for long-term growth and adoption.

Arianee's risks

Arianee (ARIA20) is considered a relatively high-risk investment. This assessment is based on various factors, including market conditions and the project's specific developments. The risk score indicates that investors should be cautious and carefully evaluate their risk tolerance before investing in ARIA20.

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Arianee's ecosystem

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Arianee’s team

  • Founder and Key Figure: The founder of Arianee is also the founder of ReMode and a partner and co-founder of strategy consulting firm Blue Change, as well as the curator of the Foundashion online community.

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