[Announcement] Revamping for the Future: Advanced Project
Today we are excited to announce a major revamping of the Advanced project.
We’ve been steadfastly serving the unbanked in Africa, and during this time we’ve achieved important milestones on our roadmap, including the full launch of the TIER app, security updates to the AUC token, and en-Cash adoption in South African merchants.
However, in light of the rapidly changing landscape of Web3 and the remittance and payment blockchain market, we have decided to reorganize some important things outlined below.
1. AUC Bridge
Currently, the AUC token is an Ethereum-based token that serves as the native utility for various services within the Advanced Project ecosystem, including payments, transfers, staking, and rewards. To expand the ecosystem globally, we want to integrate LayerZero technology to bridge the token between multiple networks such as Avalanche and BASE to improve liquidity, usability, and user experience.
The AUC Bridge is a cross-chain solution designed to extend the Ethereum-based AUC governance token to various blockchain networks. Utilizing LayerZero technology, the solution provides the ability to seamlessly transfer AUC tokens on the Ethereum network to AUCA on the Avalanche chain and AUCB tokens on the Base chain.
At the core of the AUC Bridge is LayerZero, an interchain protocol that supports seamless communication between blockchains. Through LayerZero, users can freely transfer AUC, AUCB (on Base chain), and AUCA (on Avalanche chain) tokens among these networks, providing an efficient and secure transfer environment. LayerZero’s ultra-light node structure enables cross-chain transfers without the need to validate entire blockchain nodes, relying only on essential information.
The AUC Bridge allows users the flexibility to operate across multiple blockchain ecosystems by increasing the interoperability of tokens across chains, further expanding the value and utilization of AUC tokens.
2. Blockchain Web3 Applications
As we witness the rapid evolution of Web3 technologies, Advanced Project is committed to staying at the forefront of this digital revolution. Our upcoming applications are tailored to leverage the decentralized and user-centric nature of Web3, providing you with enhanced security, transparency, and control over your digital assets.
Upcoming Applications:
- Step Tracker App: Get ready to earn rewards simply by staying active! Our Step Tracker app will allow you to track your daily steps and convert your physical activity into valuable digital assets.
- Blockchain Gaming App: Immerse yourself in our cutting-edge blockchain gaming app, where you can play and earn tokens. This app combines the thrill of gaming with the benefits of blockchain technology, providing a unique and rewarding experience.
- Staking App: Maximize your earnings with our Staking app. Stake your various tokens to earn rewards and participate in the network’s growth. This app is designed to offer a secure and efficient way to increase your holdings.
Stay tuned for further updates and detailed release schedules. We are confident that these new applications will significantly enrich your experience within the Advanced Project ecosystem and open up new avenues for engagement and rewards.
3. AUC Tokenomics Update
We’ll also announce a significant overhaul of our Tokenomics, aimed at enhancing transparency, accuracy, and strategic alignment within our ecosystem. This initiative is a crucial step towards ensuring the sustainable growth and success of the Advanced Project.
- Circulating Supply Assessment: We are conducting a comprehensive review to precisely determine the current circulating supply of AUC tokens. This will provide our community with clear and accurate information regarding token distribution and availability.
- Revised Vesting Plan: To ensure a balanced and sustainable token release schedule, we are restructuring our vesting plans. This includes setting specific timelines and conditions for token unlocks, which will be communicated in detail to all stakeholders.
We’ll keep you updated on any implementation timelines related to the above via our official community channels.
📡 Webpage: http://www.aucunited.com
📱Telegram: https://t.me/aucproject
📋 Medium: https://advancedunitedcont.medium.com/
🕊Twitter: https://twitter.com/AUC_Project
📲 Facebook: https://www.facebook.com/advancedunitedcont
🔵 Discord: https://discord.gg/aucproject
🔴 Youtube: https://www.youtube.com/shorts/oTRgz-gMar
