We are happy to announce that we’ve finally set our presale date!

We’ve drawn from the combined experiences — positive and negative — from our previous campaigns in an effort to support the interests of the entire community and ecosystem. That being said, and without further delay, we present you our sale roadmap:

Sale Details

Presale

Mandatory registration at auctus.org for whitelist.

Equal, individually-assigned purchase caps for all registrants

Starts: October 3rd, 2017 at 2pm GMT

Sale will last for 72 hours only

Whitelisted addresses will have guaranteed participation

Accepting only ETH

Minimum pre-sale cap: 400 ETH

Up to 1000 ETH raised during pre-sale phase will be used for the initial business set up, PR, marketing services, explainer video and prototyping.

Funds exceeding 1000 ETH will be locked by smart contract and attributed to the ICO fundraising.

Token Price: 2500 AUC / ETH

Presale participants will be able to convert presale tokens with the corresponding ICO smart contract function as soon as the ICO period ends.

The individual purchase cap will be fixed at 10 ETH.

Registered purchasers will then be able to participate in the AUC Pre-Sale, on October 3rd.

ICO

Starts: November 14th, 2017 (exact time to be defined)

Token Price: 2000 AUC / ETH

More details will be provided in the following weeks.

AUC Allocation Summary

Auctus Core Team (20%)

20% of AUC created will be allocated to Auctus’ Core Team: founders, early backers and the development team for a long-term alignment of interests.

Vesting: 2-year vesting with 6-month cliff. This means tokens will not be immediately tradable, and 25% of our tokens will mature every 6 months.

Public Contributors (51%)

51% of all tokens will be distributed during presale and ICO. Any of these tokens become transferable once ICO ends. Resources raised on ICO will be locked and gradually released (if needed), to cover Auctus’ expenses for at least two years, possibly more.

Reserve for Future Stakeholders (18%)

To allow for possible capital increases in the future, 18% of tokens will be reserved for future stakeholders. This decision was based on a study of other technology projects and startups. This stakeholder reserve will be locked via smart contract for 12 months. It will only be used if there is a need or opportunity to accelerate the growth of the company. This reserve can be used for strategic partnerships to encourage the adoption of the Auctus Platform and the provision of capital in case of excessive devaluation of ETH. If deemed unnecessary, these tokens will be burned.

Partnerships and Advisory (9%)

9% of tokens are allocated for presale partners and advisors.

Vesting: 6 months vesting with 3-month cliff. This means they will mature 50% of their tokens at the end of month #3, and the rest at the end of month #6.

Bounties (2%)

2% of tokens are allocated for bounty campaigns to help us spread the word about Auctus: Bitcointalk Signatures, Bitcointalk Translation, Facebook, Twitter, blog articles, media publication, thread support, etc.

Get to Know Auctus

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