ANN][ICO] AUTORIA: First Currency with Automated Mining, Claim Your Mining Well

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Website | Twitter | Telegram | Whitepaper  | Bounty 


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. 




Key Dates


Don’t Forget to Claim your Mining Well!


Autoria's hard-capped ICO will occur on Autoria.io starting: July 14th until sold out.

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What We Are

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Introduction
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.

What is Autorium?
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.

How it Works
At Autoria’s foundation is a fundamentally new coin distribution model. Unlike other cryptocurrencies, which require expensive hardware to mine, Autorium is mined automatically. This introduces a new economic paradigm into the cryptocurrency market and provides a predictable rate of liquidity. Built directly into the Ethereum blockchain, this system is transparent and immutable. During our Independent Coin Offering, investors will have the opportunity to claim Mining Wells. Mining Wells are permanently registered to investor’s Ethereum wallets and can be thought of as the “mining nodes” of Autorium’s economy. By producing AUT at a predictable rate, per a mathematical formula, Autorium distribution is provably fair. Investors who sieze the opportunity to participate in our ICO will have their Ethereum wallets hardcoded as Mining Wells and become permanent fixtures of Autorium liquidity.

But Autoria’s plan doesn’t stop there.

Autoria is dedicated to supporting and developing the Autorium economy. Autorium is used as currency in all of Autoria’s DAPP’s and Services. At launch these applications will consist of several games, but will continue grow to encompass Autoria’s Merchant Services and Payment Platforms.

What Investors can Expect
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.
The Details
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 capped ICO model reflects the risk and reward of meeting our goals.
 


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Welcome to Autoria



AUTORIA – World’s first Automatically Mined Cryptocurrency and Developer Supported Ecosystem
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Ecosystem Roadmap



Upon reaching specific measurable goals, Autoria will distribute a series of tiered AUT rewards to all initial investors, these reward tiers are described in detail in our whitepaper. The Autoria development team doesn’t wait around. A rising tide lifts all boats.
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Games



Our Ethereum decentralized applications will make it easy to use Autorium tokens, wherever you are!
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Summary
A mining system you can TRUST
Rapid Cryptocurrency Exchange Adoption
Provably Fair Games and Apps
Merchant Services
Payment Platform


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Website | Twitter | Telegram | Whitepaper 
 

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