SYMBOL: AUT Autoria is proud to introduce Autorium (AUT), the world's first automatically mined cryptocurrency. Autorium will be the foundation of all of Autoria's decentralized applications and services. We feel privileged to welcome you to our project. We hope you'll enjoy using Autirum as much as we've enjoyed creating it.
Driven by the growth in Ethereum and rising interest in advanced cryptocurrency smart contracts, Autoria intends to introduce a new standard for ERC20 tokens. We believe that both our unique Automated Self-Mining Tokens and our team’s dedication to building a robust Autorium (AUT) ecosystem sets us apart from all other Ethereum based cryptocurrencies. Our platform of services is designed to tear down barriers to entry which have stood in the way of widespread cryptocurrency adoption. The Autoria team has a plan, and we want you to be part of it.
AUT (Autorium) is the world's first Automatically Self Mining ERC20 compatible token built on the Ethereum blockchain. By distributing permanent Mining Wells (instead of mining nodes) before Autorium is circulated, Autoria takes the guesswork out of mining. Automated Well Mining is a permanent solution. Autorium is also the currency used in all of Autoria’s applications. Through collaboration with merchants and the continued development automated solutions, Autoria aims to solve to the biggest hurdles impairing widespread cryptocurrency adoption.
The Autoria teams goal is to provide a solid foundational cryptocurrency on which a vast network of applications can be built. Our Phase I plans include a rapid listing schedule for major cryptocurrency exchanges, including Bitttrex and Poloniex, and Phase II involves retail during the roll-out of our Merchant Services. More details regarding our particular plans are made available in our whitepaper. Autorium’s fundamental value comes from its unique distribution methodology and developer support. The Autoria team stands by Autorium and will continue to develop new applications in order to support the sustained growth of the Autorium economy.
Autorium will take approximately 1 year to mine until completion. Since mining is based on a mathematical function, which is in turn dependent on the progression of the Ethereum blockchain, this timeframe may vary. At mining completion, there will be 100,000,000 tokens available. 70,000,000 tokens in total will be Mined by Mining Wells. 30,000,000 tokens will be stored in a strategic “aqueduct”. The aqueduct address will be transparent. A portion of the aqueduct tokens, (1% or 1,000,000 AUT) has been reserved for the distribution amongst early Autoria supporters and our developers. An important distinction must be made, as these tokens are not tied to Mining Wells and thus will not produce any further dilution beyond their initial presence. Funds raised from the ICO will be used to develop the applications and services as described in our whitepaper. Our team acknowledges that there are many steps and challenges to overcome in order to meet our ambitious goals, however, we feel our cap
A mining system you can TRUST Rapid Cryptocurrency Exchange Adoption Provably Fair Games and Apps Merchant Services Payment Platform