Auric Network, our elastic, synthetic commodity money with full on-chain governance, will be listed and available for trading on Flybit, a cryptocurrency exchange on 25 February, 2021. AUSCM (awesome) will be paired with KRW (AUSCM/KRW) with trading to begin after 3pm KST.
Since inception, Auric’s tokens, AUSCMs, have been available for trading on Uniswap, a decentralized exchange. Paired with ETH, Auric has achieved a market capitalization of more than $1 million USD.
A listing on a fully regulated and licensed centralized exchange will take our project to new heights by garnering the mass adoption of AUSCMs among individuals, SMBs, and Enterprises for utilization as a store of value or medium of exchange. The multifaceted nature of AUSCMs and its price deriving from the market price of gold, make it evermore desirable, even when compared to Bitcoin.
This highly anticipated moment is a culmination of a very eventful year for Auric Network. Auric Network’s global recognition as a robust, gold backed synthetic commodity money (as seen on Bloomberg, Financial Times, AP, and Yahoo Finance), coupled with our successful strategic partnership with a London Stock Exchange listed mining company, ushers in a new age of democratized capitalism.
Furthermore, a Quantstamp security verification strengthens our technological capabilities, a viable fully on-chain governance mechanism with rebasing, proves our embracing and determined pursuit of an inevitable decentralized future.
We are excited to share this news with you, our AUSCM community, and transparently providing updates of our major developments has been an essential step to ensuring huge success in our token rollout strategy.
About Auric Network
Auric Network (AUSCM) is a synthetic commodity money that is not dependent on the current world-based currency as the goal price or value. Instead, Auric relies on the centuries-old currency of all currencies, or store-of-value: gold.
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.