Auctus

Smart Contract Powered Pension Funds

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Past ICO

Finished before 382 days

Time: 14.11.2017 - 28.11.2017

PROJECT DESCRIPTION

The Auctus Project was created with the mission of improving the pension market by increasing transparency and eliminating common problems such as corporate governance issues, corruption, fraud, bribery, and bureaucracy, as well as lowering operational costs.

Auctus is currently building a pension platform which will enable pension funds around the world to dramatically improve their operations and significantly cut operational costs.

Through smart contract auditable code, the platform will ensure full transparency and compliance to fund rules. Furthermore, it will allow calculations for contributions, employer match, benefits, as well as other features, such as selection of investment profiles, registration of beneficiary designations (in case of death), administration fee calculations and portability between funds.

TOKEN DETAILS

Token Distribution:

18% – Reserve for future stakeholders
9% – Partnerships and advisory
2% – Bounties
20% – Auctus core team
51% – Public Contributors

  • Price 1 ETH = 2000 AUC
  • Hard cap 90,000 ETH
  • Token AUC
  • Platform Ethereum

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