Authtrail Launches Invite-Only Community Round To Allocate $30 Million AUT Tokens

Authtrail, the Moonbeam Network-based SaaS data integrity platform, has unveiled its first invited community round token event to drive even wider adoption of its platform. According to the Authtrail team, this community round is a one-time opportunity for investors and contributors to acquire the platform’s native $AUT token at a lower price than the upcoming public crowd sale.

Following the successful 2021 fundraising round, where it raised $3.6 million from a large number of investors and venture capital firms, the Authtrail team aims to raise a whopping $6 million from the community round by raising 20% โ€‹โ€‹of the maximum supply of AUT 150,000,000. distribute tokens. The upcoming community round will allow users to get first access to the AUT token for just $0.20 per token โ€“ half of the token’s issue price for the public sale.

There will be two rounds in the community round. The first round is only open to the first thousand whitelisted participants, with minimum contributions starting at $1,000 and maximum amounts capped at $5,000 per user. The second round is open to all whitelisted participants, with minimum contributions starting at $1,000. There is no cap on second round purchases and the only cap is the total amount available.

Funds raised from the community round event will be used to increase the general adoption of Authtrail and its suite of products within global enterprises. However, the community round event is only open to members of the Authtrail community and requires a whitelist. If you’re already part of the community, you can register your account on the official websiteโ€  Importantly, the Community Round is not open to residents of the United States, Canada, China, Cuba, Syria, Iran, Sudan, Singapore, the Democratic People’s Republic of Korea, and the People’s Republic of Crimea in Ukraine.

Enabling Global Enterprises to Harness the Power of Blockchain

As one of the few projects in the blockchain space that can bridge the legacy economy with Web 3.0, Authtrail takes data management to a whole new level. By design, Authtrail provides a suite of blockchain-powered tools that businesses can use in an easy-to-use, intuitive, and cost-effective way to ensure and inspect data integrity.

The Authtrail ecosystem provides a blockchain-based SaaS platform for data integrity and contiguous

applications that enable a faster, safer, and more reliable way to verify business data. At the same time, the platform also enables transaction traceability by allowing users to track the execution of individual operations within the data generation process. As a result, it has positioned itself as an easy-to-use and highly affordable enterprise-level SaaS solution.

To further optimize their services, the Authtrail team recently migrated their product from Ethereum to the Moonbeam Network. Authtrail takes advantage of the inherent features of Moonbeam and Polkadot, ensuring fast transaction throughput, ease of use and low transaction costs. In addition, it also benefits from Polkadot’s built-in interoperability and shared security features, as well as Moonbeam Network’s on-chain governance, cross-chain integrations, and staking features.

Authtrail is powered by its native $AUT token, which acts as credit for executing transactions on the platform and also serves as the actual protocol utility token. It is important to note that the AUT token model is deflationary. This means that when the tokens are burned after use, the total supply decreases. This in turn reduces the total amount of the utility token in circulation, boosting the value of the AUT token. As such, the community round is the most cost-effective method for community members to obtain the AUT token and participate in Authtrail’s journey to become a go-to solution for business data management.

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