AUDITCHAIN SALE INFORMATION

What Is AuditChain?

Auditchain is leading the development of the world’s first decentralized continuous audit and real time financial reporting protocol ecosystem for digital asset and enterprise assurance and disclosure. Auditchian enables continuous external validation of enterprise system and control, financial data and disclosure control environments by a network of CPAs and Chartered Accountants.

Decentralized Continuous Audit & Reporting Protocol Ecosystem™

Auditchain is leading the development of the world’s first decentralized continuous audit and real time financial reporting protocol ecosystem for digital asset and enterprise assurance and disclosure. Auditchian enables continuous external validation of enterprise system and control, financial data and disclosure control environments by a network of CPAs and Chartered Accountants. The DCARPE Alliance is an accounting, audit and financial reporting consortium consisting of CPAs, Chartered Accountants, enterprise software providers and developers who are contributing resources to the development and driving adoption of the DCARPE Assurance and Disclosure Protocol. Auditchain enables enterprises to provide stakeholders with the highest levels of assurance through decentralized consensus-based enterprise external validation.

Driving the New Trustless Assurance Economy

The AUDT Token functionality powers the new world of decentralized assurance and disclosure. It’s what drives transparency of the modern enterprise from initial certification, early detection and remediation to financial reporting in real time with the highest levels of assurance through decentralized enterprise external validation.

AUDT Token

AUDITCHAIN NETWORK ACCESS

The AUDT Token unlocks a suite of applications and the most robust and secure decentralized network of enterprise assurance and reporting services.

AUDITCHAIN NETWORK SERVICES

The AUDT Token is the base currency and utility for enterprise application service, assurance and disclosure payments. AUDT unlocks network services that provide the highest levels of transparency to investors and stakeholders at a fraction of the cost of traditional audit and reporting.

AUDITCHAIN NETWORK INTEROPERABILITY

As a layer two protocol, Auditchain provides seamless interoperability between private and public blockchains which enables robust utility and atomic settlement of trade payables.

AUDT FEES

AUDT Fees for enterprises can be reduced to zero through subscription revenue sharing and enterprise participation in the decentralized trustless assurance ecosystem.

PREMIUM STAKEHOLDER ASSURANCE

AUDT enables stakeholders to unlock and view granulated enterprise audit analytics and financial performance detail that provide the highest levels of transparency from enterprise system and control statistics to real time financial performance.

Initial Exchange Offering (https://exmarkets.com/launchpad)

TOKEN ALLOCATION

  • 6% Early Contributors and Adopters
  • 40% Token Sale
  • 18% Air Drop
  • 10,3% Advisors
  • 10,3% Team
  • 10,3% Partnerships
  • 5% Bounties

TERMS OF TGE

Auditchain will be conducting a token generation event, (“TGE”) of a total of 250,000,000 AUDT which will initially be launched on the Ethereum network through the deployment of an ERC20 smart contract.
A total of up to 115,000,000 AUDT will be sold to early adopters, 45,000,000 will be allocated for the “Proof of HODL” Airdrop, 25,833,333 will be allocated to the team, up to 25,833,333 will be allocated to advisors, up to 25,833,333 will be allocated in connection with partnerships, 15,000,000 will be allocated to early adopters and up to 12,500,000 will be allocated in connection with our bounty campaign.
AUDT will used by subscribers to consume granulated levels of financial detail and audit analytics published by enterprise adopters of the DCARPE™ Assurance and Disclosure Protocol through the DCARPE™ Explorer.
Upon launch of the DCARPE™ Assurance and Disclosure Protocol, 12,500,000 additional AUDT will be emitted annually in connection with rewards. Annual reward amounts are approximate and are dependent on actual block times.

AIRDROP TERMS

The “Proof of HODL” Airdrop will include a drop of up to a total of 45,000,000 AUDT Tokens in four (4) separate airdrops to early adopters over the course of the one-year period following the final phase of the Auditchain IEO.
  1. Wallet addresses must contain a balance of AUDT Tokens at the time of the snapshot,
  2. The balance of AUDT Tokens contained in each wallet address must be identical in state or contain a higher quantity for each of the consecutive blocks following the snapshot.
No AUDT may be moved or transferred at any time from the wallet address. Every block will be audited to verify that no movement of any AUDT occurred between the snapshot block and the Airdrop. Any movement of any amount will result in the disqualification of that address for that specific Airdrop. Learn more.

AIRDROP ALLOCATION CALCULATION

Each Airdrop will be distributed to eligible wallets containing an AUDT Token balance in proportionate to their stake in the total amount of AUDT Tokens held by eligible wallets. This will be calculated using the following formula:
Total Airdrop Amount multiplied by the Number of AUDT Held by the Adopter divided by the Total Number of AUDT Eligible to Receive the Airdrop equals the number of AUDT you will receive in each Airdrop.
For More Information :
Author Information :
Bitcointalk username : yehestielsiburian
Bitcointalk Url : https://bitcointalk.org/index.php?action=profile;u=2112339
ERC20 Wallet : 0x7c66F494cD26b7bc6878137c7e0F896907B3acD4

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