This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Arianee?

Arianee (ARIA20) is a cryptocurrency deployed on the Arianee protocol, which operates on both Ethereum and POA networks. It is an ERC-20 compliant token, ensuring fungibility and compatibility. The token is essential for the protocol's operation, facilitating payment for NFT generation, messaging, and event creation. It also supports the protocol's independence and decentralization, preventing external control and ensuring a revenue stream for the Arianee Association.

How is Arianee used?

The Arianee (ARIA20) token is a payment token that plays a crucial role in the Arianee protocol, which enables brands to create and manage digital product passports. Here are the key ways the ARIA20 token is used:

  1. NFT Generation: Brands must purchase ARIA20 tokens to generate NFTs, which are used to represent digital product passports. These NFTs are dynamic and can be enriched with additional features such as asynchronous claims, private content, and event time-stamping.

  2. Message Sending: Brands use ARIA20 tokens to send decentralized messages to the owners of these NFTs, enhancing the customer experience and fostering direct communication.

  3. Event Creation: The token is required to create events that enrich the NFTs, such as updating the content or history of the NFT.

  1. Protocol Governance: The Arianee Association, a non-profit governing body, uses the revenue generated from ARIA20 transactions to ensure the protocol's independence and autonomy. This includes staking ARIA20 for certified brand identities.

  2. Ecosystem Alignment: The economic environment created by ARIA20 aligns the interests of developers, investors, brands, and partners, encouraging them to contribute to the growth of the ecosystem.

In summary, ARIA20 is the fuel that powers the Arianee protocol, enabling brands to create and manage digital product passports, interact with customers, and ensure the long-term independence of the protocol.

How do I store Arianee?

To store Arianee (ARIA20) tokens, you can use a digital wallet that supports Ethereum (ERC20) tokens. Since ARIA20 is an ERC20 token, you can store it in any Ethereum-compatible wallet. Some popular options include MetaMask, Trust Wallet, and Ledger Live. Ensure that your wallet is set up to support the Ethereum Mainnet and that you have the correct contract address (0xeDF6568618A00C6F0908Bf7758A16F76B6E04aF9) to receive and manage your ARIA20 tokens.

How to buy Arianee?

To buy Arianee (ARIA20) tokens, follow these steps:

  1. Choose a Crypto Wallet: Select a reliable crypto wallet that supports the Ethereum blockchain, such as Coinbase Wallet, MetaMask, or TrustWallet. Ensure the wallet is compatible with your preferred payment method and policies.

  2. Set up Your Wallet: Create an account, provide personal information, and set a strong password. Note down the secret recovery phrase or seed words carefully for future reference.

  3. Buy a Base Currency: Choose a widely traded cryptocurrency like Bitcoin, Ethereum, or Tether. You can purchase this base currency on a centralized exchange like Binance.

  1. Transfer Funds to Your Wallet: Withdraw the base currency from the exchange to your crypto wallet. Ensure you have the correct wallet address and network settings.

  2. Choose a Decentralized Exchange (DEX): Select a DEX that supports your wallet, such as Pancake Swap or 1inch. Compare trading fees and liquidity before making a choice.

  3. Buy Arianee (ARIA20): Connect your wallet to the DEX, select ARIA20, and enter the amount you want to trade. Be cautious of market trends and trading fees.

  1. Find the Smart Contract (if needed): If ARIA20 is not listed on the DEX, locate its smart contract address using tools like BscScan or Etherscan. Paste the correct contract address into the DEX to complete the transaction.

Remember to diversify your portfolio and be aware of market risks and scams during the process.

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