Authtrail, the blockchain platform that combines web authentication and two-factor authentication technologies, has announced its next token sale to distribute 30 million AUT tokens. The company made this announcement today and said that the new token sale will begin on March 12, 2018, at 17:00 UTC and will end on April 11, 2018 at 17:00 UTC or when all tokens are sold out, whichever comes first. Authtrail has also announced an invitation-only community round in which pre-sale participants will have the opportunity to purchase 2 million AUT tokens for $0.75 per token.
Only 5% Of the Total Supply Will Be Up For Sale
The hard cap for funding is $20 million, which will be sufficient to carry out AuthTrail’s roadmap. In addition, a maximum of 5% of total token supply will be up for sale in private and public sales combined. The remaining 95% of tokens will remain locked in an internal smart contract that AuthTrail founders cannot touch. This is an important step as it ensures a healthy token ecosystem and prevents ICO pump and dump scams from occurring, common occurrences within the crypto community. Token buyers know their investment won’t be diluted over time and can rest assured there won’t be hidden agendas by company executives.
While most cryptocurrencies are created to function as digital currencies like Bitcoin, Aut Trail tokens act more like digital shares — holders can earn a portion of the revenue generated by platform users (via referrals). It doesn’t end there: additionally, token holders will have voting rights so they can help shape AuthTrail's future development!
Distribution Schedule
There will be 3 separate rounds of distribution, each with a cap of 10 million tokens. If a round is oversubscribed, priority will be given to those who have been previously invited and to people who have signed up for invitation access.
We will give 24 hours notice before each distribution round, but keep in mind that you must claim your tokens within 24 hours or they will be distributed to someone else. The first round of invites has already gone out; if you registered during our pre-sale or on our website, you are now on our waiting list and will receive an invite as soon as we send one out. Please do not message us asking when exactly we will release invites because we do not know; it depends on how quickly those who registered during our pre-sale submit their KYC documents.
How To Apply?
The token sale will open on April 1st and last for 90 days. Only people who have been invited by Authtrail will be able to buy into their token distribution via Ether. The minimum investment level is USD 5,000, with a maximum of $1 million for any single investor. Upon completion of registration, you will receive an invitation email that includes instructions on how to participate in their distribution round. You must follow all application steps outlined below to increase your chance of being accepted as an investor.
Authtrail will only accept applications from private individuals without preexisting business relationships or commercial affiliations to Authtrail or its parent company Trailing Technologies Pty Ltd (where applicable). In case of multiple applications within one household, we may ask you to provide additional information regarding each applicant. If multiple applicants are residing at different addresses, then please fill out these forms separately.
Bounty Program Details
AuthTrail will be issuing a total of 30 million AutHashes to individuals and organizations that help support their ICO (crowdsale). AutHashes will be allocated as follows: · 24.5 million AutHashes for an invitation-only Community Round. These tokens will only be accessible by participating in AuthTrail's exclusive Bounty Program. · 3.5 million AutHashes for BitcoinTalk Signature Bounty.
About Authtrail?
AuthTrail is an invitation-only community round for all contributors to be distributed. With AuthTrail, users can explore and navigate through blockchain projects based on their credibility. This project will provide relevant information about a project such as team members, development stages, codebases, etc., to help investors make informed investment decisions. Additionally, it provides projects with feedback from users; which ultimately enables them to build better products and grow their user base to achieve successful fundraising rounds.
A Quick Summary Of The Tech Stack And Key Features
We’re now releasing our first version of AuthTrail in private beta, which is still an invitation-only to be distributed to users. When we release it, you will be able to see all activity for your account across all of your devices. This means that you don’t have to worry about losing data or forgetting what websites and applications you have used. In addition, with more than 10 million accounts compromised every year, AuthTrail provides a secure solution for users.
AuthTrail is an innovative platform that offers a variety of benefits for everyone who uses it. It is compatible with most devices and operating systems, including Windows 7+, iOS 8+, Android 4.0+ and desktop browsers. AuthTrail does not need special hardware, nor does it collect user data for commercial purposes. The platform operates autonomously and transactions are verified by smart contracts to ensure the security and privacy of personal information.
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2022-02-10 15:00:27
