Arcane Token seeks to be a decentralized community-driven cryptocurrency designed to function on an autonomous frictionless NFT (non-fungible token) marketplace along with utilizing a liquidity generation protocol to support the network users. In other words, Arcane is a token with complete decentralization developed and run on the Binance Smart Chain (BSC) network. BSC refers to a blockchain network that allows its customers to transact assets in a far quicker manner.

Additionally, this deflationary token is fashioned to provide a decentralized transaction network to its users with a maximum circulating supply of 100 million ARCANE. A deflationary token refers to the removal of tokens from the market in order to increase its demand. The decreased circulating supply results in reduced supply and increased demand. At the same time, the platform uses its custom-made NFT marketplace to seek to support its ecosystem continuously.

Next, Arcane Token seeks to be transacted in the following three ways:

The maximum total supply of Arcane Token is 1,000,000 ARCANEs. Phase 1 of Arcane Token development included website launch, creation of tokenomics, and the whitepaper. In addition, the platform aims to launch its own NFT marketplace in phase 2, and phase 3 will follow with bridging the gap between the Ethereum and Solana networks.