Aufin Protocol Crypto Coin Rank 4593
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Aufin Protocol ICO Details
Authoreon wants to decentralize authorization, authentication, verification & certification and thus securing previously unsecure instances and functions. Authoreon's team created two additional separate overlay protocols on top of the blockchain: the synapse and the access lock layers. This 3-layer architecture secures ownership and decentralizes authorization through use-case-specific smart contracts in combination with the interplanetary database (IPDB) and the interplanetary file system (IPFS). All Authoreon platform transactions will be fueled by an applicationspecific token, the Autheon (AUTH).
- Chris Heinze: Blockchain Architect CEO & Co-Founder.
- Anthony Vipond: Blockchain Developer & Co-Founder.
- Mohit Mali: Backend Developer & Co-Founder.
- MD Nasiruddin: Application Developer & Co-Founder.
- Ajay Dhande: Full Stack Developer & Co-Founder.
- Mi Xiaoli: Frontend & Mobile App Developer & Co-Founder.
Authoreon will be holding its ICO on August 19, 2017. The ICO token supply represents 33% of the total token supply, so there will be a total of 333.333.333 tokens available, for 0.10 usd each at the offering. The ICO funding target is 1.000.000 USD, the funding cap is 34,000,000 USD and is expected to end on October 14, 2017 or when the funding cap is reached.
Token Reserve Split (67%):
- 33% Allocated to incentivize participation;
- 33% Retained by Authoreon;
- 01% Pre-Sale to cover tokensale costs;
Use of Funds:
- Development 35%;
- Marketing 35%;
- Operations 20%;
- Localization 5%;
- Legal 5%;
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