ARRO is a utility token created by Arro Universal for advertising on the Arro Social network and for the sharing of ad profits. The ARRO token will also build value with the API within the Arro Social network and other Dapps. The token is networked to stores utilizing the XPOS by PundiX. ARRO is written with the latest ERC20 compliance.
Arro Social seeks to right the wrongs of current social media networks by creating a more equitable use of social media data. Arro uses the blockchain to track ad revenue generation, content ownership and user activity. Profit from advertising is then shared based on volume of user activity via the ARRO token. Further, rights to data and content ownership are retained by the content creator.
Utility of the ARRO Crypto token provides a secure, consistent, and reliable way to share the wealth, fairly. Users of Arro Social get a chance to earn crypto by doing the things they love without risking their own money. This, in turn, will expand cryptocurrency adoption by the general public. For more info see: https://www.arro.io/
Arro systems include:
* Arro Social network to share content and earn ARRO
* API to share your ARRO tokens in the future
* A network of XPOS merchants to spend your ARRO
## How does the earning System on Arro Social work
Advertisers use their local fiat to purchase Arro Social Tokens or advertising packages in order to place ads on the Arro Social network.
Arro uses at least 20% of the revenue to maintain the Arro Social Network
Arro social then shares up to 80% of the profit with its users via the API by creating two pools: 60% to the content creators and influencers and 20% to other users for following and viewing advertising.
These community members can then use these tokens to boost their reach, trade them on international crypto exchanges for crypto such as USDT, Etherium, or Bitcoin, or to purchase goods and services from our network of XPOS merchants.
XPOS Merchants are then paid in their local currency and the cycle begins again
## How Many ARRO Tokens Are There in Circulation?
ARRO launched its updated ERC 20 token on Ethereum mainnet on October 05, 2020 with 30 billion ARRO tokens created at genesis. It is expected to be valued on Etherscan. This was an upgrade to the solidity protocol from the previous arro.io contract under the same symbol with the same number of tokens transferred via mulitsender at the same holder amounts. The old token will not have a trading value.