STREAMING FINANCIAL STATEMENTS.
REAL-TIME ASSURANCE.
ONE BLOCK AT A TIME.

Decentralized Continuous Audit &
Reporting Protocol Ecosystem™

Initial Exchange Offering

TOKEN ALLOCATION

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 100,000,000 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.

NEXT IEO PHASE TBA

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.

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. Wanna take a ride?

Proposed Roadmap

2ND QUARTER - 2019
Launch of MVP &
Token Generation Event
 
4TH QUARTER - 2019
Node Testing
 
2ND QUARTER - 2020
MainNet Launch
 
3RD QUARTER - 2019
Auditchain TestNet
 
1ST QUARTER - 2020
DCARPE™ Explorer
xBRL™ Analytics
 
3RD QUARTER - 2020
Commercial Launch

Team

Jason

Jason Meyers

Bogdan-Fiedur

Bogdan Fiedur

SadhanaS

Sadhana Reddy

ChandanR

Chandan Singh Rana

Sri

Srimayee Madasu

Advisers

Graham Gal PhD

Graham Gal PhD.

johan

Jonathan Mohan

simon-team

Simon Cocking

Contact Us

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