AuBit is the third project to launch on the TrustSwap Launchpad. Their highly-anticipated token launch has been scheduled for October 20th, 2020 at 9:00 am PST.
A monolithic project that has been under construction since 2017 is now finally ready to launch globally.
Having already exceeded their pre-sale token allocation in buyer requests, AuBit has reserved a considerable final allocation exclusively for eligible TrustSwap members.
What is AuBit?
AuBit is an investment platform that allows users to invest in stocks and assets for greater total returns. The major advantage of investing with AuBit is that 80% of the on-platform fees are redistributed to the users. Once you purchase an asset (like Tesla stock), each and every time someone trades TSLA, you will earn a percentage of the fees, paid to you in TSLA. This means you will continue to accrue more TSLA over time, simply by holding TSLA in your AuBit portfolio. Your one share of TSLA can grow into two shares, and beyond.
Whatever asset is being traded, the holders of that asset earn the fees.
AuBit is claimed to be the first in the world to bring the power of network effects to finance in this way. The longer you hold your asset, the more of the asset you will hold.
AuBit has already raised millions of dollars in private funding to build the technology and team required to realize the company’s full potential. Now it’s time for the community to get involved.
AuBit’s World Class Execution Team
AuBit’s management team and advisors have worked at some of the largest financial and technology companies in the world including Goldman Sachs, Fidelity, HSBC, Credit Suisse, Morgan Stanley, IBM, Google and The Prudential.
There are two ways to participate:
2) AuBit Golden Tickets:
25 “AuBit Golden Tickets” will be randomly given away on livestream this Friday the 16th of October at 11AM PST, (Link Here). These fully transferable and re-sellable NFT’s (non-fungible tokens) guarantee entry into the AuBit presale for eligible participants. In addition, these tickets double the maximum individual allocation to $10,000. If you have 1,000 or more SWAP tokens staked, you are eligible to redeem this ticket.
The more $SWAP you have staked, the better odds you have of winning one of these 25 exclusive AuBit Golden Tickets for free. These tickets can be traded on the open market. So if you didn’t win and/or want to secure a guaranteed double-down allocation, you can make the owner of the ticket an offer.
To buy/sell/trade tickets:
1) Go to https://app.rarible.com/trustswap/collectibles and click “view on opensea”
2) Make an offer on any of the tickets available
Again, to be able to have a guaranteed spot using a ticket, you must have 1,000 SWAP staked as a pre-requisite.
Who can participate?
Most countries besides the USA and UN sanctioned countries are eligible to participate.
The token price will be $0.00125 per token, and participants will have their tokens vested over the following schedule:
- 15% unlock upon exchange listing, 17% monthly thereafter for 5 subsequent months.
The initial market cap of AuBit at launch will be $662,500, with a fully diluted supply of 10 billion tokens.
1% of the total supply of AuBit tokens are set to be airdropped to SWAP token holders.
AuBit is raising $1,500,000 leveraging the TrustSwap Launchpad.
For full tokenomics and vesting periods visit: https://docsend.com/view/whhmpkksu6hievnj
Step-by-step guide for Launchpad Participation
- Head to: https://launchpad.trustswap.org/ and fill in the form on October 20th at 9am PST. The portal will not be open before then.
- If you are one of the first to fill in the form, you will receive an email reply with next steps within 48 hours
What should I do ahead of time?
There is no need to prepare anything ahead of time. Once the form is filled, you will receive an email within 48hours. Once the email is received, ensure you reply to the email within a 24-hour timeframe.
*Minimum presale amount of $1,000
** Launchpad dates are subject to change. This is not an endorsement or an offer for investment by TrustSwap. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.
*** The DASH system is used for the AuBit presale, but may not be used for future Launchpads. You can read here about tentative future Launchpad processes with the NFT ticket system.