Arcblock (ABT) token is currently based on cryptocurrency Ethereum protocol. It is a pre-mined utility token used to pay expenses within the ArcBlock ecosystem. At the moment, ABT is listed on a number of exchanges with the possibility to trade it against fiat (KRW on the Bithumb exchange).
ArcBlock network provides a platform for developing decentralized applications. ABT offers a branded wallet (for both iOS and Android OS) with private keys being shared.
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That's a useful token for the Arcblock users.