Welcome To The Beginning Of Auric
Auric represents innovation in the asset class of cryptocurrencies. Auric is the first cryptocurrency to have gold backing - an intrinsic value of 0.001oz gold per coin, with the ICO price per coin set to that level.
Website: https://auric.io
White Paper HERE (pdf)
Telegram: @auric_communications
Email: [email protected] (standard server)
[email protected] (encrypted server)
10th SEPTEMBER UPDATE: The Auric ICO is now COMPLETE.
Auric holders have the unique option of being able to exchange Auric coins for gold after launch via the Auric Market. This gives Auric true value from Day One, something no other cryptocurrency possesses, and ensures that ICO investors have minimal risk.
18th AUGUST UPDATE: The Flash ICO has now sold out, as of 2115 UTC. It started at 1600 UTC today, and runs for just eight hours or until the 10% of our total supply has been sold, it's the first opportunity for investors to own this unique currency. We have now updated the website with a 'Flash ICO Purchase' link - find it from our homepage or for your convenience, right HERE.
We have added the form, but please do not submit your purchase order before the official start time of 1600 UTC or it will not be processed. We will be processing and sending out purchase invoices strictly in the order received after 1600 UTC so you may experience a delay depending on where your purchase is placed in the initial surge of orders. But please be patient, we will be in contact with you as soon as possible - we have a team ready for this, and it's been in the planning for many months.
We will update this thread regularly, including as soon as the Flash ICO starts and when it is closed. Thank you all for helping us deliver Auric to you, your comments throughout this final period have been invaluable.
[the following is from part of the Introduction/Key Facts section of our 20 page white paper. The full document goes into detail on everything you need to know about Auric and is an important read for potential investors]
Gold backed and risk free
Auric brings 1:1 backing with the precious metal at the ICO price level, via a store of gold equivalent to the total amount of coins sold into circulation from the ICO multiplied by the gold price per coin at that time.
Investors are free to hold/buy/sell on exchanges as with any cryptocurrency, or transfer their Auric coins into gold at any time via our innovative Auric Market structure. Separate from the expected price appreciation of the coins against fiat, this unique aspect of Auric gives a guaranteed value from Day One.
Key Facts
Below are some of the important facts about Auric in a quick and easy to view format. Much more detail can be found throughout this white paper.
Circulation: Estimated 5M-6M (dependent on ICO), Max 8M
Gold Backed Price: 0.001oz per Auric, set daily during ICO
Ledger: Quadra - a fast, fee-less, distributed ledger that operates in a similar way to the ‘TANGLE’ used by IOTA but with radically different underlying code
Exchanges: Tradeable on at least three medium sized exchanges from launch, with more to follow post-launch, ticker AURI
Auric Market: Operational from launch, allows Auric holders to exchange for gold at the coin value of 0.001oz per coin, in multiples of 100. Subject only to a small admin fee and insured worldwide shipping
Team: World-class group of coders, economists, cryptographers and financiers with over one hundred years of combined experience in their sectors
ICO: Begins 1st September 2018. Aurics can be purchased using bitcoin (BTC) or ether (ETH) subject to stated minimum levels. Launch to be no later than two weeks after ICO concludes.
Visit our website, download our detailed and comprehensive white paper, and discover the Auric revolution. All of our operations from the ICO onward will be fully third-party audited to ensure company compliance and transparency.
To be added to our mailing list and receive advance notification and reminders for the ICO, send an email with 'MAILING LIST' in the subject line. With our ICO expected to receive heavy demand and an early sell-out due to institutional funds, this is a useful way to ensure you don't miss the September 1st start date.
Auric Is Coming...