An automatic mining Ethereum smart contract and the currency used by Autoria’s core applications and services
- Automatic selfmining technology which allows for a completely transparent and fair token distribution model and effortlessly produces liquidity - Autorium will take approximately 1 year to mine until completion. At mining completion, the number of tokens available will be a function of mining wells sold during the 3 week crowdsale - Novel proof of stake token distribution method which prevents token dumping, rewards investors, and prevents hoarding of token generating assets
AUT (Autorium) is an ERC20 compatible automatic mining Ethereum smart contract built on the Ethereum blockchain. Mining Wells are immutable and transparently stored in the currency’s smart contract. Automatic mining utilizes a mathematical formula to dictate the rate at which AUT is mined from Mining Wells. This formula is a function of the Ethereum Blockchain and is designed to be supply-curve fit to the demand Autoria expects during the adoption of our decentralized applications.
|ICO start date||12 Jul 2017|
|ICO end date||02 Aug 2017|
|Additional Token Emission||No|
1% or 1,000,000 AUT has been reserved for the distribution amongst early Autoria supporters and our developers. The maximum cap is set at $11.000.000
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