Authtrail, a blockchain-based data integrity SaaS platform that adds integrity and quality to enterprise data, has announced an invitation-only Community round to help accelerate the adoption of its Web3-based platform. The exclusive Community round will be a one-time opportunity for contributors to acquire AUT tokens at a significantly cheaper price than the rest of the public who will participate later in the general Crowdsale after raising $3.6 million from different VCs and angel investors in 2021. The next Community will give 30 million $AUT tokens to community members who have been whitelisted, raising an additional $6 million.
Community Round and the AUT token
Authtrail is a Moonbeam-based, market-ready data integrity technology that enables businesses to improve data integrity while lowering costs, improving performance, and enhancing brand reputation. One of the first real-world examples of Web3 usage at the industry level is the Authtrail platform, which protects data integrity by hashing and anchoring data on the blockchain network.
The AUT utility token is at the heart of the Authtrail ecosystem. On the Authtrail platform, it allows data hashing and anchoring. Furthermore, the token’s worth is tied to platform adoption: more users equals more token usage, which increases AUT’s potential value.
The AUT token will be exposed to the public for the first time at the forthcoming Community round. During this tournament, there will be two separate rounds:
The Community Firstcomers Round is open to the first 1,000 people who contribute to the project. The minimum contribution is $1,000, with a $5,000 limit per user.
First-come, first-served basis for the Community Round. Contributions start at $1,000 and there is no limit on how much you can present.
A total of 30 million AUT will be made accessible during the Authtrail Community round, out of a total supply of 150 million AUT. Tokens will be sold for $0.2 per AUT, which is half the price of the Public round.
Tokens will vest over a twelve-month period, with a three-month cliff and equal vesting in months four through twelve.
Only members of the Authtrail community have access to the Community round, which needs whitelisting. Visit the sign-up page to get started.
Residents of the United States, Canada, the People’s Republic of China, the Democratic People’s Republic of Korea, Cuba, Syria, Iran, Sudan, the People’s Republic of Crimea Region of Ukraine, and Singapore are not eligible for the Community round.
Authtrail’s Background
Authtrail is a blockchain-based platform that connects valuable company data with blockchain technology. Authtrail provides faster and cheaper blockchain transactions than other alternatives by anchoring data in bundles to the blockchain network.
By avoiding the need to deal with difficult code snippets, businesses may implement this innovative option. Instead, Authtrail’s user interface and straightforward integration make the switch a snap. Users gain access to a complete history of corporate or product data without sacrificing security or capacity.
Companies can gain a new competitive advantage by using Authtrail to demonstrate that they can be trusted and collaborated with, that they can easily access relevant and verified data internally, and that they can help end-users, auditors, and/or regulators gain trust in their data while continuing to do business as usual.
In other words, Authtrail enables digitized businesses to increase productivity through more effective everyday operations while lowering overall data management costs. In this way, Authtrail-guaranteed quality and trustworthiness improve enterprises and create new growth opportunities.
Authtrail aims to accelerate enterprise adoption of blockchain technology, increasing the value of the AUT token over time. Authtrail is one of the first real-life enterprise adoption cases by bringing Web3 to the doorstep of larger organizations.
