As a platform committed to maintaining data integrity via blockchain, Authtrail has declared the final elements of its community-centric round. On March 23, Authtrail outlined the concluding details for a special token offering centered on its native token, AUT.
This opportunity is reserved for invitees, with 20% of the token's total supply earmarked for early supporters. Registration to join the Whitelist is currently underway.
This exclusive invite-only round presents a unique occasion for early supporters to purchase AUT tokens at an accessible rate.
More Growth Coming From Authtrail
Authtrail has set aside 30 million AUT tokens for those on the whitelist, amounting to 20% of the overall supply of 150 million AUT tokens.
The event aims to garner an additional $6 million, offering AUT tokens at a price of $0.20, which is notably lower than the price in the upcoming public sale.
The event is organized into two distinct phases.
The initial phase kicks off on April 12, 2022, at 3 p.m. CET (2 p.m. UTC) welcoming the first thousand contributors. They can contribute between $1,000 and $5,000.
The first phase ends when it hits 1,000 unique transactions.
From April 14, 2022, 3 p.m. CET (2 p.m. UTC), the second phase opens without restrictions on the number of contributors.
All pre-approved participants can join in with contributions capped at $50,000.
Tokens will undergo checks annually, with a quarterly window between them, supplemented by evaluations every four to twelve months.
Only core community members of Authtrail can join this selective event, and only a limited number of those pre-approved can participate.
Residents from specific regions: the U.S., Canada, China, Cuba, Syria, Iran, Sudan, Singapore, North Korea, and Crimea cannot partake in the community round.
A Great Project Making Things Safer
This fundraising initiative is aimed at accelerating product advancements while boosting project recognition and encouraging widespread platform adoption.
Within the Authtrail ecosystem, the AUT token serves as the engine for its vital data integrity operations.
Following a triumphant strategic investment round, this community-driven round takes its place. Authtrail has wrapped up its strategic fundraising efforts.
The Slovenian team shared that February marked the conclusion of their strategic financing round, amassing $3.6 million from top-tier venture capitalists and angel financiers.
This newly acquired capital is destined for the subsequent phase in product development, including technical enhancements and marketing strategies.
As of the end of 2021, the platform engaged 6,000 participants across various sectors in 30 nations.
Authtrail CEO Matjaz Sobocan is confident the investment will champion significant Web3 economic applications.
\"With backing from various Angels and VCs, Authtrail strives to assist companies in seamlessly integrating high-caliber data enhanced by integrity in their blockchain endeavors,\" expressed CEO Matjaz Sobocan.
Marking 2021 as monumental, the Authtrail team witnessed substantial platform engagement and adoption across diverse organizational segments.
Collaborating with the Moonbeam Network, Authtrail provides a polished infrastructure focused on data integrity, alongside continuous applications enhancing the cost-effectiveness.
Pioneering at the enterprise level, this showcases real-world Web3 implementations to secure data integrity via blockchain through hashes and anchors.
Organizations stand to bolster their efficiency and trust while reducing overheads.
Initially rooted in Ethereum, Authtrail transitioned to Moonbeam for its superior efficiency and lower transaction costs.
Building on Polkadot's shared governance, staking, and integration, alongside seamless interoperability and shared security with Moonbeam, the platform is enhanced further.
Authtrail forges links between enterprise data and blockchain technologies by utilizing its API for cohesive data aggregation.
Once aggregated, data undergoes verification, hashing, and is anchored on the Moonbeam blockchain.
Thus, Authtrail creates an effortless bridge connecting real-world enterprises with innovative technology to guarantee data integrity.
