Auditchain Protocol is a decentralized accounting, reporting, and assurance platform. It automates and provides proof of assurance on the world’s financial and business information. In addition, it features an Ethereum based gamified incentive settlement and on-chain governance layer for actors in a decentralized continuous audit and real-time financial reporting protocol ecosystem for assurance and disclosure. Furthermore, it features Ethereum based core ERC20 and ERC721 factory smart contracts, which enable an increase in assurance quality, auditor independence, trustless settlement of audit and reporting obligations, and the reduction of counterparty and regulatory risk. In the Protocol, Validators perform two functions. One is the validation of compliance with specified functional objectives of controls submitted by developers, and the other is validating the financial state for economic entities. Finally, the NFT Factory is an ERC721 contract designed as a digital rights management system for developers of machine-readable controls.
Moreover, NFTs enable royalties between the developers and the validators each time the control is used. And the controls play a role in automating the accounting, audit, reporting, and analysis processes of the Auditchain Virtual Machine. Upon use, AUDT is paid by the user of the control to the developer and the validators. Thus, the NFT Factory is designed to incentivize accountancy to automate processes and undergo a digital transformation.
🔶 Token Information:
Token Name: AUDTToken Type: ERC20 EthereumToken Price: ~$0.15Total Supply: 250,000,000 AUDT
🔶 Auditchain is carrying out a Private-Sale at the moment. Users, who would like to participate in the Auditchain Private-Sale, should fill in the Whitelist form.
🔶 The details of the Private-Sale are as follows:
Private Sale Phase 1 Start Date: 12/07/2021Private Sale Phase 1 Price: $0.1Total Tokens for sale: 5,000,000 AUDT
Private Sale Phase 2 Start Date: TBAPrivate Sale Phase 2 Price: $1.25Total Tokens for sale: 5,000,000 AUDT
Private Sale Phase 3 Start Date: TBAPrivate Sale Phase 3 Price: $1.5Total Tokens for sale: 5,000,000 AUDT
Minimum Purchase Amount: 2000 AUDTMaximum Purchase Amount: 1,000,000 AUDTAcceptable Currencies: ETH, DAI
◼️ Always do your own research and due diligence when considering your participation in any blockchain project.