Silicon Valley and Europe-based technology and leadership advisor is the founder and co-founder of several successful innovation-centric startups.
In its consistent drive to enhance its braintrust and leadership leading up to the release of the ARC Reactor and subsequent funding round, ARC adds Aleksander Rendtslev to its advisory board.
Rendtslev is a significantly successful technology entrepreneur. Some of Rendselv’s recent successes include the recent formation of Arkive, which raised $9.7MM from CoinBase Ventures, Offline Ventures, TCG, Freestyle Capital, Paul Veradittakit and other prestigious investors. Arkive is creating the world’s first decentralized museum, and asks the question: What if the Smithsonian was owned and curated by the internet?”
“Arc is building the tooling required to welcome the next phase of entrants into web3, and that will be a game changer. A journey I’m thrilled to support and advise TJ on.”— Aleksander Rendtslev
Rendtslev is no stranger to success as a founder. His company Bounce which provides luggage storage and package acceptance in local shops with over 8,000 locations worldwide, recently raised a $13MM funding round led by global investment powerhouse a16z (Andreesen Horowitz).
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Rendtslev shares: “Web3 has always been infrastructure that enables us to do things we couldn’t in the past. But the first entries into the space has seen it an end goal. Arc is building the tooling required to welcome the next phase of entrants into web3, and that will be a game changer. A journey I’m thrilled to support and advise TJ on.”
ARC has recently seen a flurry of positive advances and news recently, ranging from the readiness of the ARC Reactor, swaps moving to version V1.2, and the addition of Julien Adler and EnigmaFund to its board of advisors and team.
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The ARC NFT marketplace saw another sell out of NFTs for their partner StarCard Sport Games ($SCSG) within minutes generating 41 $ETH of volume. Another NFT launch has for JUP Apes has resulted in community growth of over 1,000% in a short period of time.
Holders of the $ARC token have seen an increase of over 300% in the price of $ARC within 6 weeks, and have enjoyed airdrops of 5MM $SCSG partner tokens. A further 500,000 $JUP (Jupiter Blockchain) tokens will be distributed pro-rata to anyone staking over 50,000 $ARC in the ARC DeFi farms in the near future (snapshot is underway).
ARC will release documentation for the ARC Reactor in the coming weeks along with a significant update of its core tokenomics.
“We’ve been blessed with an opportunity, with the ARC Reactor, to usher in a Rosetta Stone for how all WEB3 code will be developed and managed, thanks for our CTO Henry’s ingenuity. This same technology will be used to advance our existing swaps, farms, and future products. The addition of an advisor of Aleksander’s caliber at this critical time, to help guide our way forward as entrepreneurs and technologists is absolutely humbling.” comments TJ Dunham, ARC founder and CEO.
ARC anticipates announcing more team members, advisors, partnerships, and product releases in the coming weeks.