Auric Network | “Show me the Money”

From a number of strategic partnerships with the Mine Foundation and Bluebird Merchant Ventures, to working on the development and launch of the AUSCM (awesome) token, with an elastic supply derived from the market price of gold; Auric’s core team has positioned itself at the forefront of the DeFi revolution. As a community contributor or just a fan, we have an exciting and fulfilling year in store for you.

Since its inception, Auric has explored some of the most exciting technological innovations within the DeFi space. Founded upon three indelible pillars — adaptability, transparency, and decentralization — Auric is a self-regulating currency that is meant to usher in a new age of secure, democratized finance with fully on-chain community governance.

Here are some of the milestones we have hit since our launch in October 2020:

1. Global Recognition:

2. Governance Deployment:

3. Rebaser Deployment:

4. Partnerships:

  • Auric Network signs exclusive project financing agreement with Bluebird Merchant Ventures(LSE listed company; Ticker:BMV) for 2 gold mines in South Korea, This provides users direct exposure to deal previously never available to the general public. According to a feasibility study done by KORES, a government-owned mining association, and affiliates the mine is expected to hold reserves of up to, “$1.5 billion USD worth of ready to mine gold, with a geological upside defined in the millions of ounces.”

5. Funding:

6. Liquidity:

7. Security Audit:

“It’s just money.” -Margin Call(2011)

Current State-of-Affairs

However, what we need is stable, predictable economic growth and regulatory clarity writ large. What is certain is that a world of the distributed economy has grown beyond its status as speculative assets toward a clear and present necessity. Projects like Auric can coordinate economic growth and stability across borders while navigating monetary emergencies more effectively because tangible, unequivocally scarce commodities back our network. Auric can significantly impact financial services, democratizing access to money while ensuring the fair and reliable administration of goods and services that uphold those economies.

If Bitcoin and Ethereum have established a strong foundation for building decentralized applications, then Auric Network paves the way for the blockchain industry and traditional markets to merge, self-actualizing George Selgin’s theory of synthetic commodity money.

About Auric Network

Website | Whitepaper | Github |Telegram | Twitter |Discord

Disclaimer: AUSCM is not an investment product. It is not intended in its design or distribution to be utilized as a form of investment, speculation, or a financial product. No communications from Auric Network Limited to users constitute financial advice, a solicitation for investment, or a guarantee of a financial return. Please do your own research and investigation before participating in this project.