ARO ‘s Lead Developer; AroDev: Example use cases:
1. Shared masternode ( an asset with a 10% management fee, 100 units of 1000 aro and automated distribution is created. The masternode is created using the 100k aro. All the rewards from the masternode are automatically distributed each month and cannot be otherwise touched)
2. DEX ( an asset with inflatable units representing an ARO pair is created. Ex: BTC-ARO . The asset creator buys X BTC and issues X BTC-ARO which he then puts for sale on the market. Once the supply has been bought, if the demand is not met, he can issue more units and put them on sale. If the offer is bigger than the demand, he buys and sells his btc stakes)
3. Scoreboard (non-tradable inflatable asset that can only be sent to other addresses)
4. New currency on the aro blockchain ( Simpler alternative for ERC20 tokens with direct access to the DEX)
The asset system will first be available on a public testnet for 1-2 months so everyone can test it and get used to it’s features.