Auditchain
Auditchain is leading the development of the world's first Decentralized Continuous Audit and Reporting Protocol Ecosystem™ ("DCARPE") for real-time digital asset assurance and financial disclosure.



Auditchain IEO
The project is not to disclose the data on the current fundraising campaign
16.09.2019-06.10.2019
Goal $500 000
Buy tokens
Current AUDT price
0.25$
Min purchase
100$
EN
Rounds

Round 1 - 2.09.2019 to 8.09.2019

Round 2 - 16.09.2019 to 22.09.2019
Project Overview
Project Overview
Project description
The DCARPE™ Assurance and Disclosure Protocol will enable continuous audit of (i) system and control functional objective compliance, (ii) financial data structure and accuracy and (iii) disclosure control objective compliance in "real-time". Financial statements and audit analytics are presented in near real time through the DCARPE™ Explorer; a web-based interface that offers various levels of subscriptions to deeper levels of financial statement and audit analytics data and also provides third party tools that enable the creation of dynamically updating thesis based reporting.

Tokenomics
Token usage & ecosystem
AUDT Token Utility:
The AUDT Token is consumed through staking by enterprises, CPAs, Chartered Accountants, providers of enterprise software and other service providers as well as subscribers to detailed audit analytics and real time financial statement line item detail through the DCARPE Explorer.

Enterprise External Validators
Enterprise external validators are CPAs and Chartered Accountants who are members in the assurance category of DCARPE Alliance. Each validator must stake 25,000 AUDT Tokens. They externally validate three categories of assurance; (i) system and control functional compliance, (ii) financial data structure and accuracy and (iii) disclosure control compliance with GAAP and/or IFRS. They are paid with the AUDT Token for the external validation. There are over 3,000,000 accountants and auditors globally who are all potential DCARPE Alliance members.

Enterprise Staking
The AUDT Token is also staked by enterprises. They are the largest consumers of AUDT Tokens. Enterprise staking consumes a significant amount of AUDT Tokens and removes them from circulation. Enterprises must stake a minimum of 4 months' worth of compliance costs which are determined at the conclusion of the scope of implementation. Currently, digital assets pay between $500,000 and $1,000,000 to a single auditor every year.

Staking by Service Providers
Providers of cloud-based accounting, human resource and ERP software must provide enterprise software and services to the network for enterprise consumption. Each service provider must stake a minimum of 25,000 AUDT Tokens in order to provide services to the network.

Staking by DCARPE Explorer Subscribers
AUDT is also staked and consumed by subscribers to the DCARPE Explorer who subscribe to a variety of access to detailed financial statement and audit analytics data on a per block basis for each digital asset. Subscribers will be able to make micro payments to see on the spot detail or purchase the rights to detail on any number of blocks going backward in time or forward. In addition, third party service subscriptions consumed through the DCARPE Explorer will enable the creation of dynamically updating actionable research reports on selected digital assets for investors as well as thesis-based analytics for enterprise forecasting.



Tokenomics
Launchpad Hard Cap
500 000 USD
Total Token Supply
250 000 000 AUDT
Public Sale Token Price
0,25 USD (price in ETH will be determined on the 1st day of the IEO)
Launchpad Allocation
2 000 000 AUDT
Token Type
ERC20
Token Distribution
TBA
Token allocation
Use of funds
25%
Software Development
25%
Sales and growth
25%
Marketing and events
25%
General and administrative expenses
Team & Key Advisors
Jason Meyers
Founder
Bogdan Fiedur
Full Stack Developer
Neeraj Rohilla
CTO
Mike Tuscano
Senior Project Manager
Graham Gal PhD.
Senior Adviser
Jonathan Mohan
Strategic Advisor
Simon Cocking
Advisor
Team
Partners
SHORTEX does not provide financial advice and cannot guarantee that the value of AUDT will increase after the crowdsale. The price of AUDT is entirely determined by the people buying and selling it.

SHORTEX mission is to connect contributors with entrepreneurs. Contributing via tokens could be a great way to build a better future while involves high risk of loosing contribution value.

SHORTEX does not give any investment, legal, tax, financial advice or warranty of token price performance or successful fundraising. Information on this webpage is presented by a project and is not endorsed or verified by SHORTEX unless it is explicitly stated.

SHORTEX does not give any investment, legal, tax, financial advice or warranty of token price performance or successful fundraising. Information on this webpage is presented by a project and is not endorsed or verified by SHORTEX unless it is explicitly stated.
COMPANY
PRODUCTS
LEGAL
CONTACTS
Record group limited, Samoa
Primary payments provider: Crypto Trading Services OÜ, Mustamäe linnaosa, Laki tn 30, 12915, Harju maakond, Tallinn, Estonia
API