Auditchain is the world’s first decentralized accounting, audit, financial reporting, and analysis metaverse that automates and provides proof of assurance on the world’s business and financial information.
Auditchain IDO Whitelist on TrustPad
JOIN WHITELIST: https://share-w.in/9otghh-43225
Auditchain Guaranteed Allocation ($100) for 100 lucky winners.
Each winner will have a guaranteed opportunity to invest $100 in the pre-public round of Auditchain on TrustPad.
How to Participate?
Simply enter your details, and then follow the instructions.
Every entry counts! The Twitter/Telegram tasks are ALL mandatory.
Winners: 100 Allocation size: $100
Auditchain IDO starts: Dec 14th, 2021, 12:00 UTC on TrustPad
About Auditchain
Auditchain is the world’s first decentralized accounting, audit, financial reporting, and analysis metaverse that automates and provides proof of assurance on the world’s business and financial information. Creators write and own accounting and disclosure control NFTs that pay royalties in AUDT when they are used on the Auditchain Protocol.
Token
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Token:Auditchain (AUDT)
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Type:Polygon
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Total Supply:250 000 000 AUDT
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Initial Supply:19 875 000 AUDT, market cap $3 975 000
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Token Listing:Immediately after completion of IDO
AUDT Token Contract Address
The new contract address deployed on Polygon is 0x91c5A5488c0dEcde1Eacd8a4F10e0942fb925067
The contract address on Ethereum is 0xb90cb79b72eb10c39cbdf86e50b1c89f6a235f2e
Utility and Infrastructure
The heart of the Auditchain Protocol infrastructure features the Pacioli Node, a process control reasoning engine for computing financial state validation. Pacioli is used in an open decentralized environment to analyze the financial state of any publicly traded entity that files financial statements in global 50 jurisdictions.
The infrastructure is secured and provided through staking by accountants and non accountants. In addition, those who hold AUDT may delegate them to reputable node operators in the Auditchain Protocol and earn income.
Settlement
The AUDT token is used as the base currency within the Auditchain Protocol. Creators of Process Control NFTs submit them for validation and pay AUDT to settle ISAE 3402 audit obligations.
Each time the NFT is used, the creators and the validators who proved that they work correctly earn a royalty.
Governance
Robust governance on the Auditchain Protocol covers an array of proposals such as inflation, minimum number of validators to an external validation contract and admission of Process Control NFTs into the GAAP, IFRS and other financial reporting scheme libraries.
About Auditchain Labs AG
Auditchain Labs AG (https://auditchain.finance ) is leading the development of the world’s first decentralized accounting, audit, financial reporting and analysis virtual machine that automates and provides proof of assurance on the world’s business and financial information. Auditchain Labs AG is a founding member of the DCARPE Alliance Association and is leading the development of the Auditchain Protocol with other members of the Alliance.
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