The initial and max supply of AUC tokens will be 6,000,000,000. The initial AUC supply is also its final supply. No more AUC tokens will ever be minted.

All AUC tokens will be pre-minted, and token vesting governed by smart contracts. It removes the need for trust and highlights the blockchain’s trustless characteristics.

$AUC token release schedule can be found below:

  • Token sale: 10% vesting at TGE, linear for 25 months starting 6 months after listing.
  • Operation: Currently fully locked on TGE
  • Market Liquidity: Currently 0.23% released on demand
  • Ecosystem: Currently fully locked on TGE. 36 months vesting after 12 months cliff period.
  • Team/Advisor: Currently locked on TGE. 22 months vesting after 26 months cliff period.
  • Partnership: Currently locked on TGE. 22 months vesting after 26 months cliff period.
  • Reserve: Currently fully locked on TGE

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We are the AUC project team.

We have updated the AUC project Onepager. We are going ahead with the AUC project according to the schedule of our roadmap and are preparing to expand the ecosystem through global partnerships in the second half of 2022.

This onepager makes it easy to understand the AUC project.

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Last year, we launched Tier, a simple mobile payment and remittance app that is the starting point for the AUC project, in South Africa.

Tier, a mobile wallet, to register credit cards of various banks in the wallet to provide a service that allows you to conveniently purchase goods in general stores. In addition, pre-paid IC cards issued by Ennova can be registered, and if customers use them, they can purchase goods at a very low cost or receive various rewards through services provided by Ennova.

In the meantime, we have optimized app stabilization and UI/UX through system upgrades.

Currently, Tier is planning to release a tier app exclusively for banks through collaboration with South Africa’s largest bank in the third quarter of 2022.

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