ABT

ABT is an Ethereum token that functions as payment in the Arcblock ecosystem. Arcblock is a platform for building and deploying decentralized applications using a combination of blockchain technology and cloud computing.

The ABT token is designed for general purposes utilized in different scenarios. ABT is a utility token for paying the cost associated with using the service. A utility token is used to access a company’s product or service. ArcBlock requests developers to lock in several ABT tokens as a stake when they require mission-critical services.