The audit chain is the adoption system of decentralized continuous audit process and reporting protocol standard. See more about the audit chain token in this article information.
Auditchain is the blockchain platform that will allow its user to build, deploy, and monitor their accounting system in the real-time condition through the DCARPE explorer mechanism. The audit chain used the Gilded crypto accounting system, Monax legal contract platform, Rymedi API integration, and DCARPE original system. The audit chain system able to automate the categorization and classification of in the 100% clear condition of all transaction and payment into the general ledger that will use for the real-time financial reporting. In this article information, we will provide more about the fact you must know about the audit chain token.
The Informative Review of The Auditchain Business
The audit chain has the structure of the profit blockchain system that was based on Switzerland that expects to foster the adoption of the audit chain network in the enterprise community. The audit chain is considered as the first mover of the DCARPE(Decentralized Continous Audit and Reporting Protocol Ecosystem) mechanism on the decentralized networks enterprises. Auditchain expected to get the profit and revenue from the receipt of fees in the connection to the services and transaction through the audit chain network. Surely its is the good potential blockchain system that will gradually improve its capability, learn more how to get the AUDT token with effective and efficient in the information down below.
How to Get AUDIT Token With Easy
- AUDIT Token Supply and Allocation
The Auditchainblockchain has the total supply at the genesis block for around 250,000,000 that will be sold in the number of 160,000,000 tokens in TGE. Several allocations such as the 25,833,333 will be given to the team, 25,833,333 that distributable to advisors, 25,833,333 to the partner and provider of Auditchain network, and the 12,500,000 for the bounties. In term of AUDT token supply that related to the block times, consensus proposal, and improvements it will be allocated 12,500,000 additional tokens to the all federated and not federated nodes per years.
The initial token supply of 250,000,000 AUDT at the initial rate for 5% per annum has a good and satisfying projection over the years. In the percentage of the token allocation, the 6% will be given to the early contributors and adopters, the 40% is for the token sales, and airdrop allocation for around 18%. The token also will be distributed for the advisor team, partnerships, bounties for the amount of 10,3% and 5%.
- The Token Value Exchange
Like any cryptocurrencies, AUDT token also has the value exchange of its token which consists of the Auditchain Network Atomic Unit. The token will be using the ethereum network base that will be determined by the network of payment, fee transaction, computations system and certification. The token also has the value in the realistic currencies as the example the subject of the priority and network condition $0001 is worth to the AUDT that will be paid on the validating non-federated node to the single transaction in the US region.
The value has the different term to its user that will be divided into three categories, such as the issuers of securities, and token, investor and regulators or taxpayers. For the investor, you can use this token to immediate access to real-time development token, highly information investment decision, the market correlation for corporate performance, substantially higher levels of stability, etc. In the other side for the securities, the issuer will give greater access to the capital, accurate valuation, SEC current information compliance for the AUDT token, etc. The last for the regulator and taxpayer the token will have the benefit to give real-time remediation, substantially higher levels of productivity, the substantial reduction in regulatory conflict, etc.
- Token Generation Event
The Auditchain will be held the token generation event(TGE) that offer you 250,000,000 AUDT token which will be started on the ethereum network with the deployment of the ERC20 smart contract. The AUDT token will be sold for the amount of 100.000.000,- to early adopter and investor with promotional token allocation. AUDT token will be used by the participant as the medium to access the granulated levels of the financial detail and audit analytics scheme that published by the enterprise adopter of DCARPE assurance and disclosure tool through the DCARPE explorer.
- The Auditchain Offering Sales
The audit chain token will be sold on the Ex markets on the 14 June 2019 that will be the smart choice for enterprise investor to secure the enterprise financial auditing and solved their problem with effective. The audit chain also will be entering the partnership to seek the partner to do initial integration and exchange offering transaction into the audit chain blockchain system. There are two terms of the audit chain exchange offering which include the one who joins the DCARPE alliance and partner integration of the DCARPE assurance and disclosure protocol, and the second is the creation of separation list to the digital assets that will validate externally financial disclosure by using the DCARPE assurance and disclosure protocol mechanism.
In the offering sales event, there are up to 1,000,000 AUDT amount that will be sold and have the real price in the US dollar for around $0,20 for each token. The AUDT token will be using the Ethereum base with type ERC20 and have currency pairs such as BTC, USDC, ETH, EUR, and mandatory KYC. The toke not sold legally in the region that considered as the restricted countries such as Afghanistan, Iran, Cuba, Iraq, Libya, North Korea, China, Myanmar, Haiti, Rwanda, Liberia, Somalia, the Democratic Republic of the Congo, and Sudan.
- The Auditchain Airdrop
Auditchain will be conducting the 4 airdrops event for early investor and adopter for the amount up to 45,000,000 AUDT tokens. The event will be held first in the 60 days after the 1st time with the amount of 4,500.000 in the 60 days after 1st impression, the 2nd will be held 90days after impression with the amount 9,000,000,-, 3rd will be executed on the 90 days after impression with amount of 13,500,000 and the last will be repeated to 60 days time with the different amount for around 18,000,000.
The airdrop also can be executed with the eligibility conditions such as the wallet addresses that must contain a balance AUDT token similar with the snapshot time and the balance of AUDT token must be similar to the consecutive block snapshot. For your information, the AUDT token in the snapshot time maybe will increase it balances but never decreased, so to achieve eligibility of the requirement term no AUDT will be transferred or moved from the wallet address in each airdrop and snapshot time.
The airdrop will be distributed to the eligible wallets destination with the proportionate amount of allocation regarding their stake of AUDT token. The token calculation will be used the specific formula which is total airdrop amount is multiplied by the number of AUDT token that held by the adopter. Furthermore, that number is divided with the total number of AUDT eligible that use to receive the airdrop equal to the number of airdrops that you receive in each airdrop.
- The Bounty Campaign
The audit chain also offers you a beneficial event to get the token with free by spreading information about this token. The token pool amount that will be existed in this event is the 2.5m token that equivalent to USD 500.000. First thing you must do to join this campaign is to join the AUDT telegram community group and bounty social media until the end of bounty event to qualify for the reward. The report must be sent every Wednesday in GMT+0.
There are various activities in the bounty campaign such as the signature, twitter, facebook, telegram, Linked In, Article, Reddit, and Youtube that will be started on the 06 June 2019 and end at the 06 September 2019. No US region participant allowed to join this campaign and one account of the campaign is for one person there is no farming campaign, spamming, bottling, even cheating in the campaign. The event helder have the right to reject the participant for disobey the rules and have the right to edit rules, token allocation, structure, and bounty allocation.
- The Auditchain Mining
The audit chain system is also allowing the user to do the mining activity through proof of stake consensus mechanism and the proof of work. The audit chain mining activities reward will be allocated for the $42,5% of the block reward to none federated nodes that are known as the PoW miners and 42,5% for the federated nodes that known as the PoS miners. The developer also has the share for around 15%.
The audit chain token with the DCARPE mechanism no only accommodate any size of enterprise user and be substantially less expensive rather than other audit systems. Indeed the audit chain exists as the substantial evolution to the new accounting mechanism and reporting methods that will give you benefit either from cost savings or the capital attraction. If you are looking for more deep information or wanted to get the AUDT token with low effort, we suggested you look out the link below and try out the information in the right way.
Posted by kurniawan05