{
  "url": "https://blockindex.ai/coin/ark",
  "name": "ARK",
  "links": {
    "github": "https://github.com/arkecosystem/core",
    "website": "https://ark.io/",
    "whitepaper": "https://ark.io/whitepaper"
  },
  "dScore": 48,
  "market": {
    "priceUsd": 0.11391964854231316,
    "marketCapUsd": 22474042.062908374,
    "volume24hUsd": 662942.12426831,
    "priceChange7dPct": -3.93105111,
    "priceChange24hPct": -3.87869674
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 197279770,
    "circulatingPct": null
  },
  "ticker": "ARK",
  "founder": "Ray Alvarez, Lars Rensing, Travis Walker",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:24.793219+00:00",
  "fairLaunch": false,
  "launchYear": 2017,
  "description": "ARK is an open-source, developer-focused Layer-1 blockchain and ecosystem that emphasizes modularity, interoperability, and a low barrier to entry for teams building blockchains and decentralized applications. Originating in mid-2016 and launching its public mainnet on March 21, 2017, ARK built its stack around ARK Core — a TypeScript-based framework that provides a Generic Transaction Interface (GTI) for creating custom transaction types without requiring a bespoke smart contract language. The project’s stated mission is to make blockchain development accessible to a broad range of developers by leveraging familiar tooling, predictable governance mechanics, and a collection of user-facing products that simplify running chains, managing wallets, and integrating applications.\n\nTechnically, ARK operates a Delegated Proof-of-Stake (DPoS) consensus model with 51 forging delegates, 8-second block times, and a fixed block reward of 2 ARK per forged block. The architecture centers on ARK Core and the GTI, enabling teams to implement domain-specific transaction logic in TypeScript. This design choice favors developer ergonomics and rapid iteration over a universal smart contract runtime; it is complemented by tooling such as the ARK Launcher (for bootstrapping chains), ARKVault (desktop and mobile wallets), and ARKConnect (browser extension) for Web3 connectivity. The codebase is maintained on GitHub and is explicitly described as open-source in the provided materials.\n\nARK’s economic model and ecosystem tooling support typical use cases for application-level blockchains, enterprise integrations, and developer experimentation. Token holders exercise governance power via on-chain voting (1 ARK = 1 vote), electing delegates who operate forging nodes and receive block rewards. The project ran a Token Exchange Campaign (TEC) in 2016 that raised approximately $800K, and market snapshots in the provided sources show a circulating supply around ~192.4M ARK. Market data included a snapshot price of approximately $0.2540 with a market capitalization near $48.88M and historic all-time-high of $10.69 on January 10, 2018. The protocol’s monetary issuance is straightforward: each block mints 2 ARK and that reward is paid to the forging delegate; no explicit ongoing developer tax or treasury cut was found in the supplied materials.\n\nGovernance is DPoS-driven and largely on-chain: token holders vote by sending vote transactions through official clients such as ARKVault, and delegates can configure reward-sharing policies. The ecosystem combines both a named corporate entity — ARK ECOSYSTEM SCIC — and a public decentralized network run by delegates. The supplied dataset indicates active ecosystem support and visibility across major market data platforms and explorers (official ARKScan and third-party indexers), broad wallet compatibility (including Ledger, Electrum, ARKVault and browser connectors), and listings on tier-1 centralized exchanges. While the sources provided do not enumerate all historical protocol upgrades or supply allocation details, they do show a mature, production-grade Layer-1 focused on developer experience and modular blockchain deployment.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": false,
    "consensus": "DPoS",
    "parentChain": null
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 13,
    "governance": 25,
    "nodeDistribution": 5,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Moderately Decentralized"
}