Autoria, World’s First Self-Mining Currency Targeting a 7,000,000,000,000 Market
AUT is the first supply-curve modeled currency distribution system. Mining is based on a mathematical function which is designed to evolve with the release of our decentralized applications.
Data on other high profile ICO’s (such as Status) suggests that 95% of unique ICO funding addresses come from sales of 100 ETH or less. A 100 ETH hard cap on individual AUT initial token participation maximizes the diversity of mining addresses. This provides a solid, diverse, infrastructure for AUT.
But what is Autoria planning on doing with this currency?
Autoria’s goal is to create a disruptive merchant services and payment app to bring cryptocurrency to the masses. Point of sale solutions are a $7,000,000,000 industry and growing. While most major retailers are still using technology from 30 years ago, Autoria is introducing a cheaper, more efficient solution. By utilizing the Ethereum block-chain, AUT is able to process transactions securely, quickly, and from anywhere in the world.
Autoria’s ICO will occur on Autoria.io starting: July 14th until August 4th
Each token participant will be limited to a 100ETH maximum stake in order to ensure diversity of Mining Well Addresses.
More information is available at our website: http://autoria.io
or in our whitepaper: http://autoria.io/whitepaper.pdf