Overview

  • Country United Kingdom
  • CategoryFinance/ Investment Portfolio

Auctus Project is the world's first retirement plan platform with traditional and cryptocurrency assets.

Project stage

Beta version

Detailed description

Auctus’ mission is to put retirement savers back in control of their retirement plan, by offering access to a global investment platform that allows users to create optimized portfolios of bonds, stocks and cryptocurrencies, by providing the information needed to take well informed decisions, by using blockchain to increase transparency and automation, and ultimately increasing trust towards the chosen retirement plan. 

Robo advisory, transparency, automation and record keeping are thereby an integral aspect of the Auctus Platform, as well as a marketplace that allows the retirement community to come together without middlemen. 

Auctus’ vision is to create a platform from the community, for the community and aspires to be as decentralized as possible and as much community driven, owned and managed as feasible. 

Problem

Since the financial crisis, the need for financial advice has increased, as existing challenges are gaining in magnitude and are supplemented with new ones. Volatile markets, record low yields, aging populations and lack of financial literacy, or access to advice are jeopardizing the future retirement income of individuals. Incidents that could be absorbed in the pre-financial crisis environment are now impacting retirement plans more severely and are thus exposed more frequently.

Solution

The platform provides the user an aggregated view of all retirement savings, from government regulated IRA/401k plans, voluntary traditional retirement plans, as well as crypto wallets. Only by having this holistic view, well informed decisions and a professional long-term strategy can be established.

In an initial phase (alpha version), all holdings will simply be uploaded virtually. Once all retirement savings have been uploaded to the platform, the user will be able to run analytics and robo advisory on the entirety of the retirement savings. At a later stage, it will also be possible to trade cryptocurrencies and tokenized assets straight from the Auctus Platform, enabling further features such as automated rebalancing between cryptocurrency and traditional holdings.

In addition, the Auctus Platform has a marketplace for retirement apps, which allows you to customize your user experience

Features

The Auctus Platform provides the following features:

  • Allows a mix of traditional and cryptocurrencies investments 
  • Gives the user a holistic overview of all retirement savings 
  • Allows to run and consult analytics and robo-advisory on the entirety of retirement savings 
  • Enables users to make well informed decisions 
  • Is community run and can be tailored to individual needs with customized apps 
  • Provides transparency and trust
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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : AUC
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 7,500 ETH
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :4,300 ETH
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :67,420,000 AUC
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :54,060,000 AUC
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, Kuwait, Singapore, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    Immediate token disribution

    Unsold tokens

    Unsold AUC tokens will be burned.

      • Token Distribution

          Vesting notes

          • Auctus Core Team: 2 year vesting with 6 month cliff
          • Reserve for Future Stakeholders: This stakeholder reserve will be locked via smart contract for 12 months
          • Partnerships and Advisory: 80% of tokens with 6 month vesting and 3 month cliff
        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Token Sale Round 2 — Ended
      10 Apr 00:00 UTC
      21 Apr 00:00 UTC
      0.0005 ETH No - Uncapped 7,500 ETH
      Token Sale Round 1 — Ended
      20 Mar 00:00 UTC
      31 Mar 00:00 UTC
      NA 15% - Uncapped Uncapped
      • Team

        • Raphael Vantroost photo
          Raphael Vantroost
          CEO
        • Daniel Duarte photo
          Daniel Duarte
          CTO
        • Vinicius Melo photo
          Vinicius Melo
          Head of Strategy
        • Ludmila Lopes photo
          Ludmila Lopes
          Head of Marketing
        • Daniel Boaventura photo
          Daniel Boaventura
          Head of Operations
        • Felipe Silveira photo
          Felipe Silveira
          Project Manager
        • Thiago Araújo photo
          Thiago Araújo
          Lead Developer
        • Guilherme Gusman photo
          Guilherme Gusman
          Senior Software Engineer
        • Ariny Guedes photo
          Ariny Guedes
          Lead Ethereum Engineer
        • Daniel Vitorino photo
          Daniel Vitorino
          Senior Software Architect
      • Advisors

      Roadmap

      • Q3 2017

        Pre-Sale  

      • Q4 2017
        • Advisory Board
        • Auctus Demo Launch
      • Q1 2018
        • Strategic Partnership
        • Development of Alpha Auctus Platform
        • Initial Token Sale
      • Q2 2018
        • Alpha promotion (feedback & adjustments)
        • Development of Beta Platform
        • Partnerships with Exchanges
      • Q3 2018

        Beta Release (analytics & advisory)

      • Q4 2018

        Ceres Release (cryptocurrency assets)

      • Q1 2019
        • Phoebus Release (tokenized assets)
        • Traditional Asset Management Licenses

      Activity