Auditchain and ExMarkets Partner to Integrate DCARPE Assurance and Disclosure Protocol for Digital Assets
Auditchain announced that it has partnered with ExMarkets to integrate the DCARPE Assurance and Disclosure Protocol into the ExMarkets digital asset exchange platform. ExMarkets will host the first phase of an Initial Exchange Offering for the AUDT Token on June 14, 2019.
ExMarkets will also join the DCARPE Alliance and work toward implementing a top tier listing category reserved for projects who provide the highest levels of transparency to users on the ExMarkets digital asset exchange and the ExMarkets Launchpad.
Auditchain is leading the development of the world’s first decentralized continuous audit and real-time financial reporting protocol ecosystem for digital asset assurance and financial disclosure.
The AUDT Token sale kicks off on June 14, 2019. Register your account on ExMarkets now!
“Proof of HODL” Airdrop
Auditchain intends to make four (4) airdrops to early adopters of up to a total of 45,000,000 AUDT following the last phase of its IEO. The Airdrop will occur pursuant to the following eligibility conditions; (i) Wallet addresses must contain a balance of AUDT Tokens at the time of the snapshot, (ii) the balance of AUDT Tokens contained in each wallet address must be identical in state to the snapshot for each of the consecutive blocks following the snapshot with one exception; AUDT Token balances may be increased between the snapshot and the Airdrop but never decreased. In order to meet eligibility requirements, no AUDT may be moved out or transferred from a wallet address at any time between each snapshot and each Airdrop.
Airdrop Distribution Schedule
Each Airdrop will be distributed to eligible wallets which will receive an allocation of AUDT proportionate to their stake in the total amount of AUDT held by eligible wallets. This will be calculated using the following formula:
Airdrop Amount X Number of AUDT Held/Total Number of Eligible AUDT Held=Airdrop Allocation
The DCARPE Alliance is a global consortium of members of the accounting, audit, financial reporting, legal, investment, blockchain, and academic communities. The Alliance is segmented in three categories;
- Financial Reporting & Assurance
- Legal and Regulatory
Auditchain, the founding member of DCARPE Alliance is leading the development of the DCARPE Assurance and Disclosure platform along with other members in the technical category.
Jason Meyers, Founder of Auditchain makes a stunning comparison between traditional assurance and financial reporting and the DCARPE methodology using the following analogy; “Tentative external validation by a single node in a single state channel occurs once every 90 days for traditional enterprises with block confirmations by the same node occurring only once a year. In the world of Auditchain digital asset assurance, enterprises submit to external validation by a network of assurance providers (nodes) as frequently as every minute”.
AUDT Token Economics
The AUDT Token is consumed through staking by enterprises, CPAs, Chartered Accountants, providers of enterprise software and other service providers. Staking will foster incentive to provide uninterrupted service and reduce the cost of services on the network as well as enforce a fair and balanced gamified AUDT Token monetary system.
AUDT is also staked and consumed by subscribers to the DCARPE Explorer who subscribe to a variety of access to detailed digital asset and enterprise financial statement and audit analytics data. In addition, third party service subscriptions through the DCARPE Explorer will enable the creation of dynamically updating actionable research reports on selected digital assets.
The AUDT token functionality powers the new decentralized enterprise world. It’s what drives assurance of the modern enterprise from initial certification, early detection and remediation to financial and audit analytics disclosure in real time with the highest levels of integrity through consensus-based enterprise external validation.
ONLY 1,000,000 AUDT WILL BE SOLD!
The AUDT Token sale will begin on the 14th of June and will end on the 24th of June.
- Price: $0.20 USD
- Tokens for sale: 1,000,000
- Blockchain: Ethereum: (ERC20)
- Currency pairs: BTC, ETH, USDC, EUR
- Mandatory KYC
- Restricted countries: United States of America, Afghanistan, Cuba, Iran, Iraq, Libya, N. Korea, Syria, Myanmar, China, Haiti, Liberia, Rwanda, Somalia, Sudan, or the Democratic Republic of the Congo
The CEO and Founder of ExMarkets, Tadas Kasputis, stated: “From the very beginning it became clear to me that Jason Meyers is a man of vision that wants to do things the right way, even though it might take a little bit longer. Hearing his vision about the future of Auditchain is not only music to my ears but definitely a requirement for every exchange listing as well as the future sustainability and transparency of the digital asset space. We are delighted to partner with Auditchain and host their 1st IEO Phase. We are looking forward to a successful sale and the launch of their product.”
Jason Meyers, Founder of Auditchain stated: “We are happy to partner with ExMarkets. The future of the digital asset space depends on real-time transparency. I look forward to the day when all digital asset exchanges recognize the importance of real-time assurance and transparency and require all digital asset listings to submit to continuous external validation and real-time financial reporting using the DCARPE Assurance and Disclosure Platform. The DCARPE Alliance is working diligently to make the future of assurance and disclosure a reality and we are glad Exmarkets chose to become a part of it.”
If you are interested in what the future of assurance and disclosure looks like, just check out the demo of the DCARPE Explorer Front End
Remember, there are only 1 million AUDT tokens for sale in the Launchpad, so set a reminder for the 14th of June and register on ExMarkets.
Auditchain is the founding member of the DCARPE™ Alliance and is leading the development of the world’s first Decentralized Continuous Audit & Reporting Protocol Ecosystem™ for the digital asset and enterprise assurance and disclosure. Auditchain is developing a public blockchain ecosystem populated with CPAs and Chartered Accountants who externally validate enterprise system and controls and financial condition on a continuous basis and in near real time. The DCARPE™ Explorer is a subscription-based public block explorer that renders financial statements and audit analytics in real time to subscribers.
About DCARPE Alliance:
DCARPE™ Alliance is comprised of members of the accounting, audit, financial reporting and blockchain community. The DCARPE™ Alliance was formed to lead the development of the DCARPE™ Assurance and Disclosure Protocol, collaborate with its members and invite thought leadership on matters such as regulation, implementation, scaling and adoption of the DCARPE™ Assurance and Disclosure platform. The DCARPE™ Alliance will hold events and symposiums as well as educate the investment, enterprise and regulatory community about the benefits of continuous audit and real-time reporting using the DCARPE™ Assurance and Disclosure platform.
ExMarkets is a digital asset exchange platform powered by a proprietary state-of-the-art trading engine. ExMarkets users can trade the most popular cryptocurrencies as well as gain the chance to participate in the token sales of the most promising blockchain and crypto projects through ExMarkets Initial Exchange Offering (IEO) LaunchPad.
ExMarkets was ranked by ICOBench as “the most popular IEO Launchpad” in their special IEO Digest report on the 1st May 2019. The ExMarkets Euro payment gateway enables users to make deposits and withdrawals in fiat.
ExMarkets is a part of the CoinStruction liquidity framework which aggregates order-books from the most well-known cryptocurrency exchanges enabling the consolidation of market liquidity on a single platform — a unique feature in current exchange infrastructure. ExMarkets and CoinStruction’s services are developed in-house guaranteeing that all security threats and third-party associated risks are kept at minimum levels throughout all stages of product deployment.