Video: Auctus Overview

Team interview video

We have recently released a new video with some of the team members explaining the updated business model.

Find below a transcription of the interviews:

“At Auctus, our mission is to put the retirement saver back in control, by providing: analytics, robo-advisory and other tools needed to take well-informed decisions. We will, furthermore, increase transparency and automation by using blockchain technology Ethereum smart contracts.

We are creating a retirement platform on the Ethereum network that will offer global access to automated investments. Our goal is to offer a mix of cryptocurrencies and traditional assets like low-cost ETF’s and US stocks.

The idea of using the Ethereum blockchain is to enable the creation of a trustless marketplace where financial products and services can be traded using theplatform token that incentivizes and rewards good performance and good behavior in the platform, preventing users from paying for bad advice without the need of a centralized verification mechanism.

Our team is composed of blockchain enthusiasts with backgrounds in software engineering, financial services and retirement planning. Our team is backed by an advisory board with industry experts.

We recently released our demo that illustrates how retirement plan constraints can be emulated into smart contracts using the Ethereum Network. We have already started developing our alpha and intend to release it prior to the token sale.

Our platform is open source so we welcome you to join us and contribute at our Github page leaving your feedback and suggestions. To stay up-to-date follow us on social media and don’t forget to register for our token sale whitelist at auctus.org.”

Get to Know Auctus

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