Bitcoin Forum

Auric represents innovation in the asset class of cryptocurrencies. Auric is the first cryptocurrency to have gold backing - an intrinsic value of 0.001oz gold per coin, with the ICO price per coin set to that level.



Website:      https://auric.io (https://auric.io)
White Paper HERE (https://mega.nz/#!G7YiCYha!qujAeKBF9cfd6bwOIEXr_zoGQdqSRBLqhYzd6mgSgGw) (pdf)
Telegram:   @auric_communications
Email:         auric_communications@auric.io (standard server)
                  auric_communications@protonmail.com (encrypted server)
  
10th SEPTEMBER UPDATE: The Auric ICO is now COMPLETE.



Auric holders have the unique option of being able to exchange Auric coins for gold after launch via the Auric Market. This gives Auric true value from Day One, something no other cryptocurrency possesses, and ensures that ICO investors have minimal risk.


18th AUGUST UPDATE: The Flash ICO has now sold out, as of 2115 UTC. It started at 1600 UTC today, and runs for just eight hours or until the 10% of our total supply has been sold, it's the first opportunity for investors to own this unique currency. We have now updated the website with a 'Flash ICO Purchase' link - find it from our homepage or for your convenience, right HERE (https://auric.io/Flash-ICO-Purchase-Page).

We have added the form, but please do not submit your purchase order before the official start time of 1600 UTC or it will not be processed. We will be processing and sending out purchase invoices strictly in the order received after 1600 UTC so you may experience a delay depending on where your purchase is placed in the initial surge of orders. But please be patient, we will be in contact with you as soon as possible - we have a team ready for this, and it's been in the planning for many months.

We will update this thread regularly, including as soon as the Flash ICO starts and when it is closed. Thank you all for helping us deliver Auric to you, your comments throughout this final period have been invaluable.




[the following is from part of the Introduction/Key Facts section of our 20 page white paper. The full document goes into detail on everything you need to know about Auric and is an important read for potential investors]


Gold backed and risk free

Auric brings 1:1 backing with the precious metal at the ICO price level, via a store of gold equivalent to the total amount of coins sold into circulation from the ICO multiplied by the gold price per coin at that time.


Investors are free to hold/buy/sell on exchanges as with any cryptocurrency, or transfer their Auric coins into gold at any time via our innovative Auric Market structure. Separate from the expected price appreciation of the coins against fiat, this unique aspect of Auric gives a guaranteed value from Day One.



Key Facts

Below are some of the important facts about Auric in a quick and easy to view format. Much more detail can be found throughout this white paper.


Circulation: Estimated 5M-6M (dependent on ICO), Max 8M

Gold Backed Price: 0.001oz per Auric, set daily during ICO

Ledger: Quadra - a fast, fee-less, distributed ledger that operates in a similar way to the ‘TANGLE’ used by IOTA but with radically different underlying code

Exchanges: Tradeable on at least three medium sized exchanges from launch, with more to follow post-launch, ticker AURI

Auric Market: Operational from launch, allows Auric holders to exchange for gold at the coin value of 0.001oz per coin, in multiples of 100. Subject only to a small admin fee and insured worldwide shipping

Team: World-class group of coders, economists, cryptographers and financiers with over one hundred years of combined experience in their sectors

ICO: Begins 1st September 2018. Aurics can be purchased using bitcoin (BTC) or ether (ETH) subject to stated minimum levels. Launch to be no later than two weeks after ICO concludes.




Visit our website, download our detailed and comprehensive white paper, and discover the Auric revolution. All of our operations from the ICO onward will be fully third-party audited to ensure company compliance and transparency.




To be added to our mailing list and receive advance notification and reminders for the ICO, send an email with 'MAILING LIST' in the subject line. With our ICO expected to receive heavy demand and an early sell-out due to institutional funds, this is a useful way to ensure you don't miss the September 1st start date.



Auric Is Coming...

Interesting information I will wait until tomorrow morning how the Auric you are promoting

If you have a bounty available for spanish translation and/or for promoting your project(in english and/or spanish crypto channels)  and/or moderate your discord/telegram english and/or spanish project´s channels, I would like to reserve it!, this is my portfolio and my previous works and the list of crypto channels where I can promote your project

http://bit.ly/2HvGwNx

Please let me know if you are interesting with a pm, thanks and good luck with your project!

This is quite interesting, then tomorrow is a date here again to get the juicy info about this project, hope it will be as interesting as anticipated 😀

Interesting concept -- Looking forward to Auric.

I had a doubt :: When you say that it is backed by Gold, what does it actually mean?
Will its price always be that of the price of Gold?

Everyone, thank you for the posts and the private messages since we started the thread yesterday evening.


Welcome to Auric


The first post has now been updated to give more details about our revolutionary cryptocurrency Auric, along with links to our website (https://auric.io) and our white paper (https://mega.nz/#!G7YiCYha!qujAeKBF9cfd6bwOIEXr_zoGQdqSRBLqhYzd6mgSgGw). Although we have added the basic information (new poster level precludes us for posting images on the thread at this time), we do highly recommend reading or at least browsing the white paper as it contains a lot more detail about all aspects of the project. We will do our best to answer your questions in a timely fashion whether they are asked on here, or via email/telegram.



More details and updates to come over the coming days and weeks, with the ICO beginning in 25 days time, at 1700 UTC on Saturday 1st September.





Kindest Regards

Auric Communications

Great plan, team. I believe in this and i'm totally in! :D ;)

Firstly, thank you for your time and your query. We believe your question is fully answered in detail in our white paper, but briefly it means that each Auric issued has an intrinsic value of 0.001oz of gold. In other words, it has a tradeable value at that level. That would vary only as the gold price itself varied. The way that is structured is explained in the white paper under the sections 'Gold Backing - Functionality and Usage' and 'Auric Gold Store And The Auric Market'

It ensures that Auric launches with value behind it, it ensures it is protected against potential falls in the short and medium term, and additionally it gives another method of trading out of crypto should the holder so wish (please see 'Utilising The Auric ICO For Asset Class Switching' in the white paper for more on that)

We hope this addresses your query, and thank you for your early interest.




Kindest Regards

Auric Communications

+1. good to see something different and very clever

As Aurics are only going to be issued during the ICO with an equal amount of gold backing each one, there can be no 'free' coins and no bounties - it would be impossible under our structure. But thank you for your interest.

Another gold backed coin. It's very difficult for anyone to validate whether all the gold that is promised is really where you say it is.

new projects and all of them are not yet perfect,
I'm waiting for the next update because I'm interested in the auric project.
I hope fast updates take place

this is interesting. A gold backed cryptocurrency is the way forward. we will will wait in anticipation to take part in the ICO on september first

At Auric we understand that concern - it's why we will have full independent auditing showing complete money flows from the ICO onward, in terms of incoming funds, purchases and total amounts of gold, issuance of Auric coins and double entry ledgers confirming balances. There is more on that in the Auditing section in the white paper.

Auric is also rather different as the currency is transferable for its assigned gold value (weight) at any time via the Auric Market. This provides concrete support at the ICO price level, security for investors, strong fundamentals, and a future dividend style payment when we reach the possible stage of the Gold Store dissolution (again, addressed at length in the white paper)

Auric is a very different animal to most coins past and present!





Kindest Regards

Auric Communications

Auric ICO starts 1st September and will be launching 2 weeks after conclusion of ICO so sometime September/October. So not long to wait.

pobble thank you for your work in making the auric and want invest. please to tell pobble where buy is on auric page? pobble want buy now to please?

Sounds promising  ;D

Auric coins are not for sale yet - ICO begins Saturday September 1st. But we appreciate your interest and look forward to welcoming you as an Auric holder next month! We have a white paper that goes into a lot of details so if you want to know more about the project and haven't done so already, please download and read it.




Kindest Regards

Auric Communications

We want to just give an update as yesterday was our first full day after announcing Auric and revealing the website, white paper and ICO.

Firstly, thank you all for the many emails and private messages we have received since then - mostly questions about the project, and people wanting to buy early. The most common ones were regarding the gold support, how it works, and how the Auric Market will work after launch. They are all important, especially regarding the market as that is one of our key differences - not only is Auric backed by gold, but owners can sell for gold if they wish.  In terms of selling to investors early, no we can't and won't do that regardless of the amounts involved. There is no 'pre-ico' with Auric, everyone gets an equal opportunity to purchase and that starts on Saturday September 1st so not too far away.

Thank you all also for the kind messages of support and enthusiasm, we appreciate them and it means a lot to the team. We will keep you updated on news, we're mainly making preparations for the ICO now to ensure we are ready for that key event.





Kindest Regards

Auric Communications

pobble thank for reply me and buys the auric on 1 september for my bitcoin sorry english

Our pleasure. We will be accepting either BTC or ETH during the ICO for maximum ease-of-purchase. Keep an eye on our thread and website for further news and updates leading up to the ICO on Saturday September 1st.





Kindest Regards

Auric Communications

This sounds fascinating and has potential.  So the gold backing though - is that to kind of guarantee the price at a certain level like other ones I've seen in the past, or are you really offering a 'coin to gold' swap if coin holders want to?

Thank you for your valued comments. As to your query, yes the fact that coin holders can execute transfers via the Auric Market and receive genuine hallmarked gold at the rate of 0.001oz per coin (priced at this point during the ICO) in return is unique for Auric. We have full auditing of our accounts to ensure compliance and transparency in all regards.

Please read our white paper for more details if you haven't already done so, there is a lot of information on all aspects of Auric within it.





Kindest Regards

Auric Communications

With real gold to swap to on demand, they're picking the right time to launch with the current crypto market. Will have a good read of the white paper I think my cell could be interested in this

your  announcement has not too much information, other hand, your project don't have all social page like twitter or facebook, discord .etc.
I think it is too poor information. Maybe you should to open more some information channel to update news from your project to investors

Thank you for your considered comments, we always appreciate feedback. We are sorry you feel we haven't provided too much information - we would politely disagree. We have the key facts here, more information on our website and an extremely detailed and comprehensive white paper that represents the main source of detailed information about Auric.

We do plan to issue any relevant news updates both on here and on our website - we feel this is much more appropriate than channels such as facebook or twitter. We encourage questions and feedback via this thread, private messages, email or Telegram. Indeed, we are receiving and answering large amounts of particularly email since we formally announced the project at the start of yesterday, including from two institutions seeking to place substantial investments when the ICO commences, and it is currently looking like Auric will reach its target faster than we originally anticipated, which is great news for everyone at the Foundation and potential investors.

Again, we appreciate the time you took to reply on our thread and we have taken your comments on board - perhaps a weekly news update would be useful to our potential investors, although at this stage we are mainly undertaking final dry runs for the ICO and launch. Most of the hard development and structuring is already in place. We will, however, definitely issue regular updates once the ICO starts to ensure investors know the current state of the ICO.





Kindest Regards

Auric Communications

OK so ive read the white paper and it put more flesh on the bones of this one. its all pretty solid stuff and the figures add up. there's a lot of upside and not much downside with this gold pegging at the base buy-in price. i run an investment cell and am tempted to suggest we put september/october funds into auric.  like i said in last post they couldnt have picked a better time for an ico with some kind of lower limit protection!! never know when this market is going to take a tumble. suspect it will be quite appealing for those reasons

Thank you for your interest and kind comments. We do feel we have planned Auric to cover all contingencies; we are grateful you have also established that from our white paper.





Kindest Regards

Auric Communications

pobble like the auric and same you and i invest coin auric spetember for the bitcoin

Thank you all for your kind and constructive comments and emails; we read them all and will reply to you as soon as possible if you have raised a query. We greatly appreciate your support and interest. Auric is a cryptocurrency for everyone, from individuals who want to try out a small investment, through to institutions who have informed us they are looking for greater exposure alongside a hedge with gold, which Auric is an ideal solution for. We guarantee to treat all applications to buy in the ICO equally.





Kindest Regards

Auric Communications

count me IN

im going to put some personal funds in but mainly putting this as a proposition to my investment cell tomorrow for a chunkier investment. worst comes to the worst i'll just flip it after the ICO or just take the gold even. seems AOK but i've emailed a list of questions to the team so will wait for response to that initially

yes you joiin pobble and more into the ico for auric coin

Good morning all, and thank you for the batch of emails we received yesterday - we will be adding some of the more common questions to our FAQs over the next few days.

The important thing is that it now looks like Auric is on course to sell to the 8M limit within a few days of the ICO starting. We can confirm that institutions are looking to buy large amounts, and along with the demand from individuals this should easily ensure we are able to complete the ICO quickly and efficiently.

Most cryptocurrencies struggle in these kinds of bear markets but Auric, with the built-in protection of the 0.001oz gold value and the option of transferring into that, makes that irrelevant and it seems the crypto world agrees! Thank you again for your support.





Kindest Regards

Auric Communications

Yes I read through the white paper and it did explain it. If you can really pull off the coin to gold transfers then that's pretty awesome. As someone who works in the financial arena I liked the detail and the auditing is welcome. And as another poster put it, in this market the security of gold pricing is also welcome. I'm almost certainly going to buy some coins. Do you have a newsletter or updates that I can register for in the meantime?

Thank you for your early interest in Auric and we are glad you like our model. We won't be having a newsletter as such at this stage, as everything for the ICO is in place and for the next couple of weeks we are really just conducting extensive testing and QA to ensure it all runs smoothly, alongside increasing awareness and answering potential investors queries.  However, we may introduce a mailing list for those who wish to be sent reminders before the ICO starts so thank you for that suggestion.





Kindest Regards

Auric Communications

i have been looking for a cryptocurrency to buy into for a few months and been browsing on here since then. but im so excited seeing Auric that i have joined up and wanted to post to tell you that. i have lots of questions and will put them in an email later today but i am totally sold by what you are doing its so much potential and safety too and for new buyer like me that is important!

hope you launch on time and look forward to hearing back after i email you!!

I would say you have made a decent decision if this is your first cryptocurrency investment? I'm recommending this to a cell of investors that I manage funds for so you share my confidence by the sounds of your post

Thank you for your interest and detailed email, and we hope our response meets your satisfaction. Please don't hesitate to contact us again if you require more detail on anything - we monitor this thread and our email accounts as well at Telegram.





Kindest Regards

Auric Communications

I'd be interested in knowing if there is any kind of limit on purchases in the ICO. You mention institutional investors we don't want them buying up all the auric between a few of them. I will buy on first day so I hope all ok for me but still hope its spread between more people than just a few big ones like that?

pobble want auric so no auric sell all spetember 1st. pobble has bitcoin for now if auric want sell me now

We do know that institutions are getting involved in the ICO which isn't surprising given the floor price is backed by gold at that level. Whether they are going to flip after the post-ICO price rise or hold we don't know but imagine they would want to hold for a while as there is no risk with our ICO so no need to cash out or part cash out quickly as with most of them. It is in fact a good thing as it shows the solidity of our plans and the prospects for Auric that we have such interest.

Now to answer your question, there are up to 8 million Aurics available in the ICO - even with institutions buying, you should have no issues getting the amount you want as long as you don't leave it more than a few days. As you mention you intend buying on the first day we would stress don't worry. We aren't imposing limits of any kind partly because it would distort what is a free market process, but mainly because it can't realistically be done. If we limit one wallet address then it's extremely easy to obtain another one and send funds from that etc.

Thank you for your question, and we look forward to welcoming you as an Auric investor in just over three weeks time!





Kindest Regards

Auric Communications

Look forward to it, you have a definite investor.

please to sell to lobble now the auric for the bitcoin

Sorry, no early sales (we even had an institution offering to buy one million with a ten percent premium if we sold now! turned down )  ICO starts Saturday September 1st.





Kindest Regards

Auric Communications

Auric sent me a long reply to my emailed questions and their answers left me happy that this is the real deal. I can't wait for you to launch and I think your ico will be over massively quickly. I have most of my funds in ethereum so its great you take that as well as btc. will look out for ico updates when we get near the date!

It's absolutely really interested when you said that Auric holders enable to exchange Auric coins for gold after its launch via the Auric Market. Are you sure for this? well, if it is true, how much gold do you plan for this? Any limitation for the number of token holders?

I read their white paper yesterday its all in that. They use the ICO funds to buy gold to match the coins sold so whatever they sell in the ICO up to their limit I guess is covered by gold. you can then sell the coins back for gold if you want to. so far as i understand it, its mainly to guarantee a minimum price so ico buyers cant lose out. But if/when coins go up in value then no point selling for gold you might as well hold the coins.

Think thats right anyway about how they are doing it.

I was taught that if someone is guaranteeing you what kind of profit or interest means that somewhere lies the deception. I hope I'm wrong but this project is very real. You should not have written in the title such large investors do not buy it.

Thank you for your wise comment - when we describe it as 'guaranteed value' we were actually referring to the gold value of each coin, which is indeed fixed and guaranteed at 0.001oz per coin. We have no wish for people to be misled by the meaning of that word however, and we can understand your point. We will amend the header rather than risk people being confused by the meaning of it.

Thanks for your time in bringing it to our attention.





Kindest Regards

Auric Communications

ok sounds good  :)

Good morning. We plan to create a notification system over the next day or two where investors can register their email address with us and we will both notify them of any important developments but mainly we will give them advance reminders of the ICO a few days and a few hours before it starts so it doesn't get missed in busy lives. This was suggested to us by a soon to be Auric holder and we greatly appreciated their input.

In other news today, we have got a meeting with a fourth exchange to discuss listing Auric at or very close to launch. We have three exchanges so far, which will be able to name later in the month when the NDA's expire. We are also continuing to fine-tune the ICO purchase process to make it as smooth as possible. We continue to get emails asking about buying Auric early - we have even had offers of cash for Auric, and if we weren't so particular about ensuring that all of these processes are optimised we could quite easily start the ICO next week but we prefer to invest the extra time in this way. And it would not be either fair or practical to sell Auric's before then whether for a $200 investment or a $200,000 investment!  But we appreciate your emails, thank you for your interest and will continue to work hard to deliver Auric on schedule on Saturday September 1st.





Kindest Regards

Auric Communications

As a worker in the financial sector I can see how this one will work. Your front page on here is not as flashy as post, although the website and especially the whitepaper has a lot of substance. This may well fly under the radar a little but that's great for post-launch. Like that you are doing the ico fairly, no pre-ico nonsense or institutional sales at different rates, I don't put money into those ever.

Yes your new headline is better. I understand what you meant by the guarantee but to some it would have sounded like a 'too good to be true' type of project with that word.

My cell has approved the use of September and October funds to place into Auric so you will be getting our investment at the start of the ICO. Can you confirm that the Auric store that lets you convert to gold will start at same time as launch, and no six month delays to it or similar? The white paper implies it starts at same time but would like this clarified please.

Where will you store my gold after I buy your tokens?

Thank you for your valued comments. We are happy to confirm that the Auric Market (our Auric to gold exchange service) commences operation when Auric launched in full, which in just two weeks after the conclusion of the ICO.

No delays, the code has been extensively tested and we are still doing so alongside our ICO preparation.




Kindest Regards

Auric Communications

Thank you for your query. Gold is purchased with ICO funds to accounts at three gold depositories in London, Zurich (where we are based) and Hong Kong.

All of our market operations and account balances will be audited and viewable to ensure transparency for investors.





Kindest Regards

Auric Communications

Ok that's all my questions and concerns answered I'll leave you to get on with this fantastic crypto. I feel like I did in 2014 when I first heard about Monero and Ethereum. Sold out a little early in both of those but still made good money. Auric is right up there in my opinion...

With bitcoin and the alts falling and the whole jittery nature of the market even when they're not, having a coin that has its own gold value like this is priceless, please excuse the pun. But it really is excellent to have security like that behind it to protect the investment.

Well played on this one  ;D

pobble try buy the auric but no let me spetember 1? pobble have the bitcoin to have auric coins can now?

Which company will provide the auditing services and how often will those audits take place? There is still a lot of uncertainty for buyers whether everything is in order at any point in time.

Thank you for raising a very valid point. Auditing is being done by Deloitte, one of the leading companies in that particular field. Initial audit will take place immediately at the close of the ICO to confirm the money flows from incoming crypto, fiat conversion and subsequent gold purchases. It enables investors to track for themselves that all funds have been converted into gold, with no leakage. It will also show more generally the connected legal provisions governing the use and conversion of these assets. After that, we will be having interim compliance audits every six months in addition to full end-of-year accounts as normal. All of this information will be accessible to investors.





Kindest Regards

Auric Communications

I agree with other poster it all sounds great but please try to stop most of these going to institutions only. pleased you are not selling to them early at least, hate those vulture companies who try to buy up all of good coins like this

Firstly, thank you for the continued support and your emails, messages and especially Telegrams. We are now up to date with all the questions raised until the start of today. Most of them revolve around how the gold store functions, how Aurics are exchanged for gold, how the value of Aurics are calculated and that's great as these represent the key advantages and differentiators we have over regular cryptocurrencies.

Please continue to keep the questions coming, we're a little light staffed as it's the weekend but we always make sure to get back to you all asap. In ICO news, we had two more (potential) large investors contact us on Friday - one giving us advance notice of the likely size of their order to ensure we could process it speedily to which we replied that purchases are processed strictly in the order received regardless of size. The second sent in a list of due diligence questions via their legal department, with the purchase of a six figure quantity of Aurics riding on our answers. We are delighted if not a little overwhelmed by the scale of the interest and potential orders for Auric when we start the ICO three weeks today, and we promise to work tirelessly to ensure everything goes smoothly for the ICO, the launch and beyond.





Kindest Regards

Auric Communications

With the market how it is, it makes sense for myself and my cell to invest in this for the upside and protection against downside. Is there any reason why you're waiting until 1st september if everything is ready to go sooner which it sounds like it is? 

We always had the 1st September date in our schedule and although everything is in place to start the ICO, we prefer to have these extra couple of weeks for more testing and ensuring all goes smoothly. Additionally, it gives more potential investors longer to discover this opportunity; we would prefer Auric to have as wide a reach as possible with a diverse mix of investors. Either way we are confident we would reach our hard cap of 8 million Aurics fairly rapidly, but it's the right thing to do to make it as fair and equal as we can.





Kindest Regards

Auric Communications

I personally would be ready to invest earlier also, but have no real issues in waiting as I'll be investing on the first day of the ICO anyway. Who knows, maybe I'll get more for my money by then too. Either way, Auric is a no-brainer at the moment. One of the best white papers I've read, and first use of a 'fan chart' that I've seen outside of the Bank Of England's inflation reports! You can sure tell they have economists and mathematicians on board haha  ;D

It's a great project. I'm going to invest heavily for myself and my cell, do a partial 'flip' on launch and hodl the rest.  As you correctly describe it, a 'no brainer'. It won't go below the ICO price with the gold sell option set at that level. There will be loads using this to exit the market in a private way by selling their crypto into gold, though that will give upwards pressure to Auric pricing so bring that on. Its a well devised structure no wonder the corporations are looking to buy in.

Our FD Patrick Chiu will be delighted by your recognition and approval of his fan chart in the white paper, we will pass that onto him when he comes to the office tomorrow!

pobble want buy the auric now for the bitcoin?  pobble email and have bitcoin now for the auric coin please

How can you be sure that your coin will be backed by gold is valid ? You will need to periodically conduct an audit to the coin had value .  Who will conduct the audit ? or do we have to take our word for it ? Thanks.

They've already been asked that and answered on it this page, and to be fair to them it's all in the whitepaper as well

Sorry but the ICO is due for September 1st and we won't be selling Aurics before then.





Kindest Regards

Auric Communications

Our auditing plans are addressed in the 'Auditing' section of our whitepaper, and below is a copy of the answer given earlier in this thread to a similar question, which we trust addresses your point:

"Thank you for raising a very valid point. Auditing is being done by Deloitte, one of the leading companies in that particular field. Initial audit will take place immediately at the close of the ICO to confirm the money flows from incoming crypto, fiat conversion and subsequent gold purchases. It enables investors to track for themselves that all funds have been converted into gold, with no leakage. It will also show more generally the connected legal provisions governing the use and conversion of these assets. After that, we will be having interim compliance audits every six months in addition to full end-of-year accounts as normal. All of this information will be accessible to investors."






Kindest Regards

Auric Communications

Using gold as the backing value of Auric can be a brilliant decision.
It's because gold has the most stable value of all kind of priceless item.
Doing it will ensure the value of Auric stay stable.

wow I am very surprised this project has gold support, it seems this is a new thing and few people know this kind of system, you have to give more information so people don't feel panicked and confused

pobble has the 2 bitcoins want buy auric now not spetember 1

Thank you for your kind comments, it's exactly why we've given Auric gold backing. As well as stability it means the ICO purchase price is very likely the lowest Auric can be, except for any dramatic fall in the gold price which is very unlikely.



Kindest Regards

Auric Communications

Thank you for your comment, we have done our best to ensure that people understand the gold backing of Auric. The white paper especially goes into a lot of detail about the method of operation and economics behind it. We will continue to get the word out there in the time remaining before the ICO to give as many people as possible the chance to invest.

We think the gold backing of Auric is why some institutions are planning large purchases. Security of a minimum price along with lots of upside and a gold hedge. We hope as many as possible buy, we have done no pre-sales on pronicple.





Kindest Regards

Auric Communications]/i]

Im speaking to some colleagues at work today and advising them to join Auric even if just for a few weeks and some quick profit.

I'm not telling anybody. If people don't find this, don't invest and miss out then that's their bad luck. Just the way it is!

Please stop spamming the thread with buy requests, we are not starting the ICO until 1st September. If you visit then you can buy as many as you want along with other individuals and institutions.





Kindest Regards

Auric Communications

Nice project. Do you have any session planned live chat b.with your CEO or CTO

I work in that industry and am not surprised. Sharks always sniff out such things. Glad you are not forgetting your smaller investors.

Thank you, that is a great idea. We do have a Telegram account @auric_communications where we answer a lot of queries about the project but we can certainly create a chat channel for that purpose. We will find a convenient window for the CEO and the VPs and make it happen asap.





Kindest Regards

Auric Communications

Thanks for explaining ! If you bring the idea to life, the cryptocurrency market will see a new stable coin . I wish you good luck, nice when the developers answer the questions .

Thank you for the support, Auric should be both a stable and appreciating coin and we do hope it signifies a change in that regard and manages to decouple from bitcoin price movements as a side-effect.





Kindest Regards

Auric Communications

pobble now wait ICO for the auric and invest bitcoin for the auric coin please

Yes if institutions are going to grab all the Auric coins then you sure need to do something about it. that's my view.

It's turning out to be a busy day as we try to work out what to do about the large buys that are going to occur when the ICO starts, and the risk that smaller investors could miss out altogether as a result of them. One option discussed at our meeting is to have what our FD called a 'flash ICO' where we sell a small percentage of the total supply over a period, for example, of one day and hold that sometime before the main ICO. Keep the pricing the same, still have the main ICO on September 1st as planned, but by selling this small amount early we give more opportunity for the smaller and medium investors as the flash sale amount would be below some of the amounts that hedge funds and investment groups have been contacting us about. Therefore, they wouldn't buy in it and would wait for the main ICO as before.

We're going to have a further meeting about this tomorrow after we've all slept on it but this could well be a good option. We're talking about maybe 10% of the total supply going up early for everyone to buy, on the same terms as the main ICO and with the same gold backing. We would have no problem doing it as the systems have all been in place for the last couple of weeks now. And if we don't sell the full 10% in the flash sale that would be fine, it would just carry over to the main ICO.

Will let you all know tomorrow what's happening, after we all have had a little more time to consider it.





Kindest Regards

Auric Communications

if you do an early ico or part ico or whatever you call it I would be interested in it and it makes sense what you're saying so please go ahead if there really is risk of us all missing out to the bloody bankers

IT does say september 1st on here on the website and in the whitepaper though? but i guess if the main ico still happens on that date its fair enough to sell a small amount earlier if it helps small investors like myself!

If we do a flash ICO it would only be for a small part of the total Auric supply...and the only reason we are even considering doing one is to help small investors such as yourself, you are correct. More news tomorrow.






Kindest Regards

Auric Communications

pobble may be able buy early coin with the bitcoin then?

OK I'm in for that, will be cool to get mine bought early and have it out of the way before the mad rush on the main ICO.

Do you have a signed contract with Deloitte or something you can publicly show? It would generate most confidence if someone from Deloitte confirms that they have been contracted by you.

When I first saw this I though oh here we go, pre-ico etc and all that nonsense but now I read it I can see what you're doing and why. And after trying to buy something this morning that sold out in literally the first minute everywhere (a limited edition console rather than crypto, I hasten to add) and feeling very annoyed about it, I can appreciate this idea even more.

The gold backing is mainly a system to support the price of Auric in its early stages. By giving each coin an intrinsic value of 0.001oz of gold at the time of the ICO and backing this with accounts holding the equivalent weight of gold, it ensures that Auric has that as a true value to start with, separate from its value as a cryptocurrency. We offer, via the Auric Market, a means to exchange Auric coins for gold to the sum of the weight exchanged. This both provides price support as well as giving early investors a means to change asset class should they desire.

It's rather in-depth to explain in a post - we would advise downloading our white paper (links on the front page of this thread and our website) for full details. But basically, it ensure the price is supported and also means you always hold coins that are actually worth something in their own right, regardless of their natural price appreciation.






Kindest Regards

Auric Communications

i can't see anything on the website at all about this flash ico thats happening on Saturday? id like to buy then too because i haven't got the energy to try and compete against institutional investors if they're going to grab them all in the proper ico. So i hope this flash ico is actually happening.

pobble buy the auric 18 august for the bitcoin and happy auric team that are doing this for us

Good. thank you for that update im looking forward to getting my auric coins sorted at the weekend. sept 1 seems ages away and sounds like it will all be taken by bloody insititutions anyway so bring on this flash ico

+1 for your plan. I'll be there on Saturday

Thank you for your comment, that's a great idea. Deloitte will be listing our audit documents publicly very shortly, but in the meantime we can certainly do that, I'll ask our financial team to sort it out asap. We may have to redact certain parts of it of course, but will be able to display the key information showing our relationship with Deloitte.






Kindest Regards

Auric Communications

pobble has the bitcoin to buy the auric coin and likes the Saturday Ico thanks you auric for this quick buy

what is the value of the token? because if you buy gold it should be stored somewhere and you pass an audit. can you look at such an audit? you understand that on one word we bought we can not believe that this is the market.

Thank you for your comments. This is all covered briefly on our website, and in great detail in our white paper. It's also been raised and answered in this thread, but we appreciate it's a key difference with Auric.

Very basically, each Auric is worth 0.001oz of gold and is priced accordingly during the ICO. This is matched by an equivalent amount of gold stored in merchant accounts at three depositories. Auric's will always have this reserve value that is redeemable for that quantity of gold, regardless of their natural price appreciation against fiat. A perfect solution for protection in uncertain markets, we feel. All of this is audited by Deloitte, and all money flows and balances from the ICO onwards are viewable to all investors for transparency.

Again though, for full details we would refer you to our white paper but thank you for your interest.






Kindest Regards

Auric Communications

yeah, with the gold value on each coin this is probably the only alt that is safe to be in at the moment haha. Obviously I wish I'd got out of Eth and the rest of my alts and moved to bitcoin now, but will now be transferring most of them to this on Saturday, who wants to be holding Eth when the chairs stop moving? Not me.

This market feels like it did when I first entered crypto in 2014. Except that altcoins are the ones really being hit this time. Auric makes sense as a shelter at this tricky period if nothing else. I plan to hodl but heck I might even sell them out for gold if it comes to it. Ethereum is being exposed as a busted flush tbh I'm surprised Auric team are still accepting them in the ICOs. Suppose they have it in their white paper and website and would look bad to cancel it as a payment option. Not complaining though, I will be glad to get rid of them. Auric will be as close to an uncoupled crypto as you can get right now.

We've had a number of messages, especially over Telegram, asking about the Flash ICO and how much the tokens will be. The price will depend on the spot price of gold on the day, ie the 18th August. At the moment, the price of gold is close to $1,200 per ounce so the price per Auric would be 1/1000 of that so around $1.20 each. The amount of Auric you would receive per BTC or ETH would obviously depend on the value of those crypto assets on the day also, and with the current volatility in those markets it's wise not to make a prediction.

However, it's worth remembering that whatever the price of Auric is (let's say $1.20 for the sake of argument), this same amount of gold will be added to our stores..so the Auric that you purchase will have that actual 0.001oz of value should you exercise the option to trade it for gold via the Auric Market. It will still have that gold exchange value should the market take another tumble. And should Auric experience strong price rises, you still have that security of the 0.001oz value to fall back on as a guaranteed minimum value (in terms of gold weight). For ICO investors, it's a perfect solution.  NB For a mathematical analysis of the possible paths that the price of Auric could take, using monte carlo simulations and fan charts, please see the relevant section near the end of our white paper. We hope this helps to explain things, do not hesitate to contact us if you need further clarification on any of it.

In related news, we expect to update the website to display the Flash ICO link sometime on Friday, although the form to submit your purchases via that will not become active until 1600 UTC on the Saturday, when the Flash ICO itself begins.






Kindest Regards

Auric Communications

Wise posts. Can I join the stampede out of my falling investments?!!  ;D

I keep on checking the website but no link to the flash ico page yet

pobble now have my bitcoin for the auric ICO flash and thanks the auric for early buy coins saturday!

OK so now I understand they're updating the site on Friday for the flash ico no wonder I couldn't find the link. am impatient to get my Eth off my hands before it falls any more haha

I messaged the aUric team yesterday with a final bunch of questions that I was unsure about after working my way through their white paper especially some math based ones about their modelling and got a reply pretty much as detailed as the white paper itself. Really thorough and I'd be lying if I said I understood all of it but it addressed all the points I raised and that was the final bit of due diligence from me as far as Im concerned. Was going to wait until the main ico in september but might as well have a go at getting my supply in the flash one on Saturday as with the current market it will just cost me more if I wait for those two extra weeks. That's how little confidence I have in it all right now and why a gold backed investment is the one for me

Thank you so this correction is very important. From the point of view of investors and regulators, profits can not be guaranteed. You can bind to the value of the asset as you do and it's ok but it's very important that everyone understands it. And then with a quick look all at once think that this is a pyramid.

Yes we understand the principle there and we would also strongly advise all potential investors to read our white paper as it goes into a lot of detail on the structure of Auric.

We would just clarify that Auric is not actually 'pegged' to gold. It has a a freely floating and market determined price as with any other cryptocurrency. It is just that Auric has that additional value in terms of gold weight as a hedge or protection against potential declines in its market price.






Kindest Regards

Auric Communications

What is the reason to run this flash ICO over the next two days for 8 hours only. I mean is there something which puts you to raise money for going through the sudden update. I will be watching how this flash round of funds raising goes. While I can get more information about project, team and other things.

Thank you for your comments. The flash ICO runs 18th August for 8 hours and we are offering just 10% of the total supply. The main ICO is still starting September 1st. We have addressed the reasons for doing that in the thread, mainly to help spread out the time period and avoid the risk of institutions buying up at the beginning. We have had contact with several such institutional investors who are planning large purchases in the main ICO, so the flash ICO is a way to hopefully ensure that small and medium investors get a better opportunity to own Auric.

For more information we would refer you to our whitepaper which is linked on the front page of this thread and also on our website. It is very detailed and goes into the structure of Auric, timelines, team etc. It really is the best source of information for the project. Thank you for your interest






Kindest Regards

Audi. Communications

Sorry, I read it once again: whitepaper, web-site (which looks very childish), and this topic, but...
I can't find any reason for investors to participate in flash Aug 18.
All project looks sc... not serious:
- no real information about team (just names without any related links, etc.)
- no info about physical gold storage. which depositories? addresses, names, etc.
- no info about real audit (please post address of your KAM at any serious audit company before! anything). You're mention Deloitte in this way - is it just kidding?
  when and where you saw any big4 companies related with anything with words ICO especially in such way?

and nothing about this 'flash' or pre-ICO benefits.
x2 tokens?, special bounties?, what will get 'investor' for this 'flash ICO' of extremely risky, 99% scamish 'project'???
even brave 'first in line' Ponzi 'investors' will stay away without something what can be converted into real money immediately!

love to know how the people calling this scam get to that. they probably the ones who called ethereum scam before and after its ico haha how did that work out. anyway at least Auric team haven't made this a self-moderated topic. most scam ico's just delete any critical posts or any they don't like.

this saturday suits me better, the main ico im away first week of september so who knows what kind of connection etc I might have had. happy to get sorted this weekend.

Thank you for your comments. We're sorry to hear that you haven't managed to find all the information you're looking for. Details of how and why we are running the Flash ICO have been posted several times throughout this thread, and we will be updating the website nearer the time. The main ICO is still scheduled for 1st September as in our white paper, and if investors prefer to wait for that then that's entirely their choice.

Equally, full details of how the gold exchange works is also in the white paper, along with where the gold funding comes from (ie the ICO) and why this feature is useful to a cryptocurrency. IF you prefer all the cryptocurrencies that have no backing and no intrinsic value to invest in at an ICO, then that's also your choice. Additionally, yes our auditing is being done by Deloitte, full details of this are available shortly. Again, most cryptocurrencies do NO auditing at all.

In light of all this, we did find it disappointing that you resorted to calling us 'scamish'. But again, we welcome all constructive comments, positive or negative and we do thank you for taking the time to post. We're sorry that Auric doesn't seem to be for you, but best wishes with your investments.






Kindest Regards

Auric Communications

Auric team, can you please tell me how much of the main ICO is likely to sell out quickly in september?  I know why you're doing the flash ico but how much of a risk is there of the main one going that quick, really?  just trying to get a handle on the demand and timeframes, stuff like that.

pobble is look forward to ICO flash and have bitcoin for the auric coin ready to buy

lol at calling this a scam because their website isn't covered with flashy animations and stolen Google images.

more substance in this white paper than 95% or more that I've read. investing most of my planned cash in the flash ICO assuming I manage to get some, then will maybe put more in at the main ICO depending on market conditions and other factors at the time

Good morning all, this is a busy day for us here as we get ready for our eight hour Flash ICO, schedules for tomorrow 1600UTC. Although it wasn't originally planned, we're confident it's the right thing to do to sell just 10% and help ease the expected rush at the start of the main ICO 1st September.  We had already run extensive checks and tests on our processes so apart from having to schedule more staff to handle the process tomorrow, we had all the systems in place to go beforehand.

Full audits from Deloitte will be available immediately on close of the main ICO, showing complete cash flows from crypto into fiat and then gold, along with all balances held by Auric Foundation, in a simple to view and understand double-entry style system. They will also be available via a link on Deloitte's own site. We hope this addresses all comments made about our auditing, and gives potential investors clarity, transparency and security.

A reminder for tomorrow - we will update the website first thing tomorrow with the Flash ICO page, and also post it here and to all those who have registered with us for updates. You'll just need an email address and a wallet with BTC or ETH that you directly control. Full instructions on how to participate will be on the website Flash ICO page tomorrow. This will also have the pricing, expressed in Aurics/BTC and Aurics/ETH for convenience. Minimum purchases are 0.02BTC or 0.3ETH, as per our white paper. Only 800,000 are available tomorrow (10% of total supply) and the Flash ICO will run for a maximum of 8 hours or until that amount has been sold.

It's an exciting time for Auric, and thank you all for the messages over the past day or so in support of us generally, and almost universally in support of the Flash ICO. We value all comments, positive or otherwise and hope we have answered you all fully. We will try to issue a further update later today with any relevant news or to just answer any common questions arising on this thread or via our contact methods.





Kindest Regards

Auric Communications

Excellent to find something on here that isn't akin to 'fake bews'!

Congratulations you persuaded me to join here for the first time since I left in the crypto winter of 2014. Fortunately, I hoarded my bitcoin from then. This is the first coin I've been remotely interested in owning since then, with the exception of Monero.

You have my attention, tomorrow you'll have my investment.

I'm ready for flash ICO - really good for me as I'm away when main ICO starts. But would be doing it tomorrow anyway I think as fed up of missing out on these things by procrastinating too much. And appreciate the update about auditing and the timeframes it's reassuring. I actually have dealings with Deloitte in my work and would warn you that although they do a good job they are over zealous and think they own the universe, so make sure you have all the paperwork ready for them. Just saying.

My plan, looking at the gold price and the bitcoin price, is to buy about 10,000 of these although it will probably end up more by the time of the main ICO depending on how I feel. I think a lot of people won't quite grasp the whole way their gold backing coin assignation works, hence they won't see the importance of an ICO investment. It seems the much bigger players have though, which is why they're splitting the ICO up like this.

I suspect it will be the usual story, the big investors will end up with large chunks of this in the ICO (s) and the smaller staking individuals will moan about it when it launches at a higher multiple. The more things change, the more they stay the same. I'll repost this prediction if/when it's realised in a month or so!

Any information about your team?

Thank you for contacting us - whilst we can't be precise about who and how much is going to be invested how quickly into the main ICO on 1st September, we are concerned enough about a number of potentially large purchases from institutional parties that have been in contact with us for us to decide to run this flash ICO to try and lower the risk. The best advice we can give is that although we don't expect the main ICO to sell out immediately, there is a risk of that if the parties in contact with us all follow through on their implied investments.



There is a large section on the main members of the Auric team in our detailed whitepaper, which is downloadable from a link on the front page of this thread and on our website. Further enquiries to us about specific departmental team members are welcomed should the information presented in our whitepaper not prove sufficient.






Kindest Regards

Auric Communications

maybe create a discord group or telegram group for communication would better than just a discord channel

They're on telegram ive messaged them a few times over that

In response to a lot of messages today about the Flash ICO, yes the website will be updated with the Flash ICO page and information by the start of tomorrow, but it will only be live for payments to be made at 1600 UTC, the start time of the eight hour flash period (or until the 800,000 Aurics are sold, whichever is the sooner) Exciting times for Auric!






Kindest Regards

Auric Communications

I found them very responsive on Telegram, they even went off and found their maths guy who did the price analysis in the white paper to have a quick chat with me about some of the technical side of their blockchain and a few other things. Really impressed.

Breaking open my bitcoin hoard for the first time in over four years tomorrow for this will be...emotional  ;D

Good Morning, and thank you for all the communications made to us overnight - we are currently working out way through them and aim to have all questions/issues answered in the next hour or so. We greatly appreciate your consideration and comments.

The Flash ICO is imminent! Starting at 1600 UTC today, and running for just eight hours or until the 10% of our total supply has been sold, it's the first opportunity for investors to own this unique currency. We have now updated the website with a 'Flash ICO Purchase' link - find it from our homepage, the front page of this thread or for your convenience, right HERE (https://auric.io/Flash-ICO-Purchase-Page).

We have added the form, but please do not submit your purchase order before the official start time of 1600 UTC or it will not be processed. We will be processing and sending out purchase invoices strictly in the order received after 1600 UTC so you may experience a delay depending on where your purchase is placed in the initial surge of orders. But please be patient, we will be in contact with you as soon as possible - we have a team ready for this, and it's been in the planning for many months.

We will update this thread regularly, including as soon as the Flash ICO starts and when it is closed. In addition to this, the 'Aurics For Sale' total will be updated frequently. Thank you all for helping us deliver Auric to you, your comments throughout this final period have been invaluable.






Kindest Regards

Auric Communications

Think I'm all sorted now, look forward to buying auric sometime in the flash ico period

I've made an error I filled in and sent off the payment form on the flash ICO page when I saw it there I thought ICO had started. Sorry. Do I need to send off another one now at 1600 when it actually starts. Bit unsure what to do now

It's not a problem - just resubmit your purchase order after the start time of 1600 UTC, we have had a fair number of 'early' buys and we will just be ignoring all those and not processing ones until after the start time. We are emailing all those who have submitted orders early to remind them of the start time, hopefully you have received one of those by now yourself.





Kindest Regards

Auric Communications

Yeah got the email now thanks for that will resubmit in an hour or so once its underway

Still getting a lot of purchase orders coming through early - for reasons of fairness, we can't process these. Please resubmit after 1600 UTC  (just over 15minutes away)






Kindest Regards

Auric Communications

Have sent in my order, not messing around with delaying on this one

I got my order in bang on 1600 and have already received the payment invoice and sent the payment,  and just as well as down to about half of them left already

MY investment went smoothly. Got the payment invoice about half an hour after sending in the form, paid and then received all my documents and keys shortly after that. with how quick these are going, im really glad they did this 'extra' ico like this. especially as im away for the main ico. Thanks auric

Big chunk of those went to me hehe

Flash ICO Aurics Remaining: 118,000 out of 800,000

Just an update as we're halfway through the eight hour period of the Flash ICO. We allocated 10% of the total Auric supply to the Flash ICO (800,000)  However, we've sold a lot more than half of the allocated supply...as of now, there are just under 120,000 left out of the initial 800,000. Thank you all so much for this incredible support, a lot of you will have already received your payment invoice and those that have paid this will either have received your documents and keys or will be very shortly. We're still working through as quickly as we can as the orders come in. Thank you all for your patience![/b]






Kindest Regards

Auric Communications

pobble sent in order and not had reply yet is all ok auric flash ico want get auric before end ico?

No team info ?

The Auric Flash ICO is over as of 2115 due to the available supply selling out.

Thank you all for your support, we do hope that this early 10% sale has helped to spread out the demand for Auric and enable small and medium investors to obtain the coins at an earlier stage, without competing with the institutional buys that will be occurring in the main ICO on 1st September.

We are still finishing processing everything, so if you are still waiting for your invoice or documents and keys, please be patient. Further update tomorrow when we will be up to date with all of the payments and coin issuance.[/b]






Kindest Regards

Auric Communications

pobble now have the auric coin and thanking you for the flash ico auric team

Final brief update before we finish up on a very long day and late night here in Switzerland

All payments from the flash ICO have now been processed and all buyers should have now received their Auric packs. We've completed the crypto to cash conversion and that's now in turn been converted into gold holdings in our merchant accounts.

Auric is underway!  To those of you who missed out or chose not to take part in the flash ICO, our main ICO where the remaining 90% of the coins are being sold, takes place at 1600 UTC Saturday 1st September.






Kindest Regards

Auric Communications

Glad I don't have to mess about in the main ico now. these sold in less than 8 hours and most people will either be waiting, didn't know about it, and no big players. will be interesting to see how long (or not!) the main one in september takes.

How can this project be implemented smoothly? I need to know more about this project. This token seems to grow stronger.

All in the white paper, along with a lot of detail on the coin, the blockchain, the timeline and more.






Kindest Regards

Auric Communications

Seems that you are really new here in crypto. By any means you are not the very first project to have the gold backing. Did you know about Xaurum? They are one of those who are gold-backed projects. And so many others. But most of them were scammers and dead already. But claiming to be the first, I think is not right. Do your research first.

Perhaps you didn't read their white paper and/or understood it. I invested in their flash ico yesterday where they offered a small percentage of the total amount for sale early, and I made sure i understood it thoroughly before putting my money into it. They're the first to assign a gold value to each coin AND give you the option to trade X amount of auric coins for actual gold anytime after launch. After yesterdays sale, by my rough calculations of the gold price they already have somewhere close to $1M in gold accounts now against the coin issuance and the main ico is still to come. Yes ive seen others with so-called gold backing but Auric is quite different, imo anyway.

all 'investors' can write to it's local Deloitte division and just ask about this... project
https://www2.deloitte.com/global/en.html?icid=site_selector_global (https://www2.deloitte.com/global/en.html?icid=site_selector_global)

I have experience only with KPMG and (long time ago) with Arthur Andersen (yes, scamers was born long time before anything 'crypto').
And I'm pretty sure that using of Deloitte name here is unauthorized.

So, your money now on the way to nowhere.
Sorry, but it was your's decision.

Good idea. I was happy with all my checks and diligence so I bought some auric at the weekend but as ever with crypto it's always best to make your own decisions on whatever criteria you set. For example, you only have to go back through other threads and read some stuff written during the early stages of the successful and some of the wildly successful crypto, same + and - posts. You pick your poison, put your money in and see what happens. It has always been that way. No one can really predict 'good' or 'bad' coins or we would all have piled into all the successful ones at the start wouldn't we  ;D


I'm happy to see where this one goes, with the coins value secured against gold its a lot better than most empty erc20's or the like

I think they've done really well. I know the ico at the weekend was only for 10% of the coins but to sell them all out as quick as they did shows there is a lot of interest of the paying kind in this project. I'm as confident in this one as I've been in any crypto for a while, and in fact with current market as it is this is the better kind to be in where it has a real minimum starting value to the coin rather than nothing at all!  give me that over a hype coin where the developers award themselves loads of them AND take the ico cash too. this one does neither of those so credit goes to their team for that.

I got in touch with Deloitte just before the flash ICO, emailed them directly rather than that link. I've had a standard response that they're looking into my query blah blah blah so will keep everyone updated. But I too invested in the weekend initial ICO so I guess that definitely demonstrates my confidence. And they don't sell 800,000 coins at I think around $1.18 each by accident.

So, any official reaction from Deloitte here
+ any REAL (not that .... in whitepaper) information about depository which will work with anything 'crypto' - and people spent real money on this will be happy.

But now it smells very bad.
And take into account current market's situation.

I think it's enough warnings for anyone here.
do not say that you were not warned

Good afternoon to all, it's been a busy day at Auric as we digest a successful Flash ICO on the Saturday - all of the funds are now in our merchant accounts and you now have gold backed currency in your possession.

To refute a comment from the previous post, it's actually the perfect coin for the current market - regardless of what happens with crypto in general, your Auric will always have that base value in gold of 0.001oz, effectively what you paid for the coins in the first place at the weekend. And if gold rises, then the 0.001oz will be worth more. We're sure most of you understand this fully of course, but it's not helpful having incorrect information posted on here for others! And as in our white paper, Deloitte's initial audit will be available for all to see immediately at the conclusion of the ICO, once we know the complete picture of cash flows into the company.

And of course, you also equally understand that the Auric market doesn't 'work with anything crypto' - it's merely a convenient method for Auric holders to convert their Auric into gold at the value of the coin itself, should they so wish. As the fan chart in our white paper suggests though, this won't even be necessary as the coin is likely to appreciate in its own right, separate from its intrinsic gold value. Auric, more so than most other crypto out there, isn't linked to ethereum like the erc20 clones, and is likely to chart its own price. It's also a perfect hedge, with the gold protection in the event of price turbulence.

As we always state, new investors should really read the white paper to ensure they understand exactly how Auric works, its functions, timeline etc.  As we build up towards the main ICO that starts next weekend, this will be more important than ever. Thanks as always for your support, we are nearly up to date with all the questions raised over the weekend. Please be patient if we haven't yet got back to you.






Kindest Regards

Auric Communications

pobble thanking the auric for coins in ico saturday but when auric chain and exchanges start. after ico spetember 1?

They have stated that launch is about 2 weeks after the ICO finishes so sometime in September or early October. Guess exact date depends on how quickly the ICO sells out.

can you please confirm which exchanges this is going to be listed on when it launches?

Thank you for your question - we see from earlier in the thread that you have purchased some coins in our flash ICO - thank you for your support of our coin, and congratulations on being one of our earliest investors.

As per our whitepaper, Auric will be on multiple exchanges from launch. Several of these are medium sized exchanges and we are still working on contracts for one, hopefully two more in addition to the three already secured. NDA's prevent us for disclosing at this time, but rest assured these are major exchanges that most investors in crypto will be familiar with - you won't be disappointed with either the choice, or the quality of the selection.






Kindest Regards

Auric Communications

I won't be selling mine anyway, gotta be kidding me. But appreciate that there are always flippers in these kind of ICOs who want quick profit now rather than potentially massive profit later. Not my strategy, hence my username!

pobble want auric coin make much money quick and buy more auric coin in spetember 1 ico. pobble thanking auric team

Thank you for your comment, we'd like to confirm the answer given by another poster - we will be launching Quadra, our distributed ledger for Auric, no more than two weeks after the conclusion of the main ICO, which begins 1st September. Please read the white paper for more details.

The team here is working hard to ensure all is ready for the main ICO. The Flash ICO last Saturday went smoothly, but we learned a few things from the way we processed the purchases and this has enabled us to refine our systems further. In terms of the funds, they are all secured in our gold depository merchant accounts, backing up the 800,000 Aurics sold last weekend with genuine, intrinsic value of (currently) $1.19 each. Please bear in mind that is the gold value should owners wish to trade in for the precious metal via the Auric Market after launch - the dollar value of Auric as a cryptocurrency is anticipated to launch higher than that.

We will give a fuller update at the weekend as we continue to build towards the ICO - when the other 90% (7,2000,000) Auric's will be available to purchase.






Kindest Regards

Auric Communications

Just received a pretty thorough report emailed to me from Auric regarding the flash ico, the money they took in, how it went through to gold, updated financial projections etc etc.  Unexpected and just reinforces the quality behind this company and their currency. Glad to have bought in early, but lets get the main ico done and all the Aurics sold so we can go to launch as soon as possible.

Got one too, must be going to all the Flash ICO investors. Actually makes me wanna put more in when the main ICO comes around next weekend, not that I wanna sound greedy or anything haha.

Hard to know how long the main ico will last, i guess most of us on here bought some or all in the flash which sold out in a few hours?  but from what they said in the progress email i got today, the institutions will be out for the main ico so even though they have loads more left they could even go just as quickly, or by the middle of the week anyway as all of the funds will have theirs by then i guess.

Might buy more but I did get a LARGE number in the flash ico!

Brief weekend update: We are now all set for the main Auric ICO, which begins at 1600 UTC a week today, Saturday 1st September!  Investors in the Flash ICO should now have all received their welcome pack, along with complete financials for their investments.

For everyone else, don't worry we still have 90% of the total Auric supply available. We know that institutions are making some large buys out of that (which was one of the main drivers for running the Flash event last weekend) but it shouldn't be a problem getting the allocation you're looking for as long as you buy early. We can't even begin to give a projection for how long the Aurics will be available, as we certainly didn't anticipate selling out of all 800,000 as quickly as we did last Saturday! 

We will continue to fine-tune our processes over the coming week, along with a couple more dry-runs to ensure all our systems are ready and of course continue to answer all the many queries that come our way over Telegram and email, and we appreciate the solid we've had for this unique cryptocurrency.

Have a great weekend.






Kindest Regards

Auric Communications

pobble buys the auric in ico flash and wants launch very soon for the auric coin rise price for pobble

Thank you for the great welcome pack it was excellent surprise to receive a detailed document like that about the flash ico investments.

Auric is going to be massive - for me to break into my bitcoin stash which I haven't touched since 2014 says it all really. Most bought of what I wanted in the flash ICO but I'll dip into it again for sure once the ICO proper starts next weekend  ;)

Interesting project. I will be waiting for more information, let's see another comment this project before enjoying this  & how this project will turn out.

We sold 10% of the total supply in a Flash ICO last week in five hours, but our main ICO starts this Saturday 1st September at 1600 UTC. We would suggest reading our white paper for more details.






Kindest Regards

Auric Communications

You and me both along with a lot of others!!!  Can't wait for it to launch into this stagnant market. Perfect timing for a coin that works the way it does. People should remember about the quadra blockchain they're using. I know they don't call it a blockchain, but anyway. free transactions and scaleable is everything that bitcoin and most of the others fall down on. Go Auric.

This project will attract many investors since their investment will be backed by gold. My question is, will there be bounty for community members who may want to support this project with their skills and time

no bounty! all coins are backed by same gold so how can they do bounty!  pobble got the auric in flash ico but more selling the auric 1 sptember and pobble wants the auric price go up lot when launch

No bounty. Each and every Auric is backed by an equivalent amount of gold (converted from investors purchases) so there is no way we can issue 'free' coins. So far we sold 10% of the total supply of Auric in a Flash ICO last week - our main ICO starts this Saturday at 1600 UTC, when the remaining 90% or 7,200,000 Auric's will be sold.







Kindest Regards

Auric Communications

wish they had given free coins, now that would have been worth serious money trading them straight back. of course as they explain thats why there is no bounty on this - auric coins are actually worth something

Just a reminder that it's now 2 days until the start of the Auric ICO. Please be sure to have bitcoin or ether in a wallet you directly control, along with an email account that is secure. ICO will begin 1600 UTC 1st September, with the remaining 90% of Auric coins available for purchase. Purchase rate will be equivalent of 0.001oz of gold at that day's price, expressed in BTC or ETH.

Thank you for all your ongoing questions and support, we value and appreciate all your comments.







Kindest Regards

Auric Communications

I believe that Your trading platform has a huge potential.If the team puts all their knowledge and efforts into this project,we will soon see a reliable and secure financial platform for cryptocurrency trading.

Another important reminder that we are about 24 hours from the beginning of the Auric main ICO, where the remaining 90% (7,200,000) Auric coins will be available!

We will be updating the website tomorrow with prices and quantities remaining in the lead-up to the ICO start at 1600 UTC, please do not try to send purchase orders before that time as it will be rejected. We did have a lot sent in just before the Flash ICO started and although we replied explaining the order was put in too early, some did miss out as the Flash ICO sold out so quickly. And although there are a lot more coins available tomorrow, there are also expected to be larger buy orders, so it is important to remember both not to buy before 1600 UTC, but equally to avoid disappointment do not leave it too long after that.

It's a very exciting time for Auric and we look forward to putting our gold backed coins in the hands of eager buyers tomorrow! Thank you all again for your messages.





Kindest Regards

Auric Communications

This is a cryptocurrency not a trading platform. They offer to buy back Auric in exchange for the stated gold value of the coin but not a trading platform not sure why you think that!  I bought a load in the flash ico couple weeks back but they doing the ico proper this weekend.

Final reminder - Auric ICO starts 1600 UTC today! Please visit website to put your orders in after that time!

Updates to follow.





Kindest Regards

Auric Communications

Brief update: we've been super busy processing Auric purchase orders since the ICO started earlier today.

We will update the amount remaining tomorrow, but it's looking like close to 2,000,000 sold already which is incredible support. We have had a good mix of purchase sizes, ranging from a few hundred dollars of Auric all the way up to one six figure purchase.

Thank you all, and please be a little patient if you've put a purchase order in and haven't received your invoice yet... we're working through the backlog as quickly as possible.





Kindest Regards

Auric Communications

Hello, dev's!
Who doesn’t know, anti-money laundering (AML) is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent, detect, and report money laundering activities.

i also have interest in the idea. i like the updates the team provides it shows the are working behind the scenes with listings, exchanges, website, platform and so on. i also saw some people harp on that the idea is dead; UNTRUE.
to you i say, if you want to get rich fast but a lottery ticket and hope for the best . i will take my chance and hope this business will lift off around beginning 2019

I bought my Auric in the flash ico, but looks like they are still going quick. Had a look on their website, 5,300,000 left out of 7,200,000 at the start of the ICO. Can't wait for Auric to get them all sold and then launch the ledger and gold exchange asap.

Lot of smart people will realise the potential here. Wait for the institutions to buy tomorrow and see how long this ICO runs for then!

ICO Update: Day 2

We are pleased to announce that purchases continue apace - we have now sold nearly 3 million of the 7,200,000 Auric coins available. Our systems are processing and handling the payments efficiently and buyers continue to receive their coins in a timely manner.

We have now almost caught up with the backlog from the initial surge of purchases when the ICO started yesterday, and we are grateful for everyone's patience during that period!  We are ready for some larger buys tomorrow when the working week begins, and will keep everyone updated as to the progress of the ICO.






Kindest Regards

Auric Communications

The rate they are going I've purchased some more just now. These could be snapped up by institutional investors tomorrow and I dont want to take that chance.

the pobble has buying the auric coin in ico!  please to send me more coins for money launch sptember!

I operate a regional investment cell and placed our August funds into the ICO that auric ran a few weeks ago. In light of various factors, we have decided to place September's funds and an advance from October into this coin also.

The hedge of a minimum gold value coupled with excellent upside of the coin value itself swung the decision towards high investment. Expect a rapid sale and rapid appreciation as soon as the blockchain and trading are possible.

Day 3 Auric ICO Update:

We had some six figure Auric purchase orders earlier today, as expected, so the available Auric is now just over 2,000,000 out of the original 8,000,000. We are up to date with all applications and will give a further update tomorrow. It is looking as though the ICO will be complete earlier than originally anticipated - great news for all those supporting us during this phase.  Thank you all for your ongoing support.






Kindest Regards

Auric Communications

Bought my stash in the earlier ICO didn't want to get involved in the scramble on this main one!! Took a lot for me to break open my bitcoin hoard  ;)

You've just persuaded me to put some more in. I did buy in the flash ico but more coins for more profit imo.

Explosive nature of cryptos is what I fear when I go to this forum or to the chart analyzing site hidden in the woods of the internet. How many attempts to make money through fraudulent investments have u made thus far and how many of these attempts have been successful? Zero. I can remember one single instance of u making profit which happened when u were sleeping.

investors should be very careful with those ones and should have in-depth considerations before deciding to invest their money. Most of them are scam ones, part of them are real ones, and small part of them are good ones.
Good luck with your decision!

Yes, people should always be very careful with their funds. I read the whole white paper several times until I understood it, sent off a lot of questions to the team behind auric, and also spent a lot of time considering it all before putting my money in. Due diligence is important in this market.

Having said all that, Auric met all of my criteria which is why I invested. Simple as that. Also the right currency for this time of the market as a whole.

Just taken a purchase order for 700,000 Aurics. Took even us by surprise, and we've been processing some decent sized orders since Saturday. Further update tomorrow, but the Auric ICO is, as it stands, rapidly closing on a fast conclusion.






Kindest Regards

Auric Communications

Glad I bought in your flash ICO last month. Auric is going to disrupt.

Not surprised to hear this at all. I posted to this effect earlier in the thread as it was inevitable it was going to be bought up by some big players.

Highly recommended but be prudent with your investing.

Auric ICO Day 4 Update


Aurics Remaining At Time Of Post:  Approx 880,000



We have had two more institutional purchases overnight and we have now sold close to 90% of the available Auric in our ICO. We now expect the ICO to conclude by the end of the week. We are slightly behind with the purchases so please be patient if you have place an order and are still waiting for your welcome pack. We do appreciate it, as we appreciate all of your support.

There will be a special interim report emailed out to all Auric owners later today which contains important information regarding our launch, and the operation of the Auric Market at that time. Lots of interesting, and useful, details for you to digest at your leisure.

We now have over $7M of gold backing the Auric coins that you hold. Rest easy and with peace of mind - your Auric has true value regardless of short term swings in the cryptosphere. On launch, we are confident you will see a strong disconnect or 'decoupling' effect in terms of Auric/Bitcoin. We are looking forward to the Quadra ledger launch as much as you all are, and with the rate of purchase occurring in the ICO it looks like this will be later this month now rather than October. Not long to wait!

Further updates soon. Thanks again from all the team at Auric for helping make this new cryptocurrency a soon-to-be reality.






Kindest Regards

Auric Communications

Auric is ace, cannot wait for the launch. Watch that price go :)  ...and even if it doesn't, I have that gold security of the value I paid for it. win/win :)

True for most crypto, but this one also has a base value in terms of gold so ICO investors always have that as a fall-back against price headwinds. I think that's the point the previous poster was making. It's why I bought in both the flash ico and some more in this main one. Looks like ICO is about to finish anyway nearly all the coins have been sold.

Yep, last call for Auric in the ICO. Next stop, pay more for them at launch if you don't have some haha.

Good morning, thank you for all the messages over the past twenty four hours, as Auric nears the conclusions of its ICO. We now have under 10% of the total supply of Auric left for sale. As such, it could now close any time but we will be keeping you updated. Once it closes, that's it for the supply of Auric and we can move to launch within a few weeks.

All buyers of Auric will be receiving another info pack today - look out for it in your inbox.






Kindest Regards

Auric Communications

Auric ICO Day 5 Update


Auric Remaining: Approx 5%


Almost there, we fully expect the last few hundred thousand to sell by the end of the week. Launch should be before the end of September now. Incredible response and rate of sale. We now have over $8M in the Auric gold reserves backing this currency. Full audit was sent to Auric holders in the info pack sent out couple of hours earlier. We promised to be transparent in all our operations, we trust you'll enjoy reading the initial Deloitte audit (or not, if it's too in-depth!)







Kindest Regards

Auric Communications

I was going to post on here about the information you emailed to me earlier but you already have. How often does an ICO sent out a audit no less?!. An audit. At ICO stage!  Absolutely fantastic and to those who doubted this one for its truthfulness or capabilities....just....laughing is the only answer to them.

Not sure how much of the 95% sold has gone to big investors versus the regular investors such as myself, but frankly I don't care. Looking forward to gains along with the security of gold behind my base investment level. No wonder it's (virtually) sold out so soon.

Hello,  What about the airdrop or bounty program now? Are they available? May I join now? And one more question to you: how much money are you going to raise?

If you read our thread and white paper you would understand there was no airdrop. Neither was an airdrop possible owing to the nature of our coin issuance. Every single coin issued is backed up by an equivalent value of gold, which is then stored against this coin as security should the coin owner wish to convert out of crypto into the precious metal.

We have raised over $8M, and at the conclusion of the ICO which is expected in the next couple of days when the last Auric are sold, the total stored in our merchant accounts at the gold depositories will be around $9.5M.


We would now suggest anyone who still wishes to buy Auric do so very quickly as there is now only around 5% of the coin supply left for ownership.





Kindest Regards

Auric Communications

Go to the first page of this topic and you will see all the links you need to the business, there will be a link to the social networks of the project and even to its website.

Hello, is there any program for bounties or airdrop I can participate in? This project sounds great!

Didn't you see the posts above?! No airdrop for reason they've explained over and over!

ICO is on but almost finished if you want to buy some you'll have to be fast. This is a AAA project, I invested my cells' funds from last month, this month and next month into this such is my confidence.

We won't have long to wait either as launch should be this month now according to posts here and the latest pack they emailed me yesterday.

with which exchanges your project will cooperate in the future. The exchange where the listing of coins is a very important indicator of the success of the project.

Auric ICO Day 6 Update


Auric Still Available: 170,000 out of 8,000,000 (98% sold)


As we approach the end of the ICO, we would advise those investors still looking to buy that you may not receive the allocation you are looking for, depending on the time your purchase order is processed. We are processing all applications strictly in the order received regardless of size - this is the fairest way to allocate these last few Aurics. A reminder - there won't be any further Auric issuance - this will be the last opportunity to obtain them at their base value of 0.001oz equivalent gold price. When the price of Auric rises at launch (as all our modelling indiciates), it's worth bearing in mind that Auric purchases made at these higher levels will not benefit to the same degree as our ICO investors. Please read our white paper for more details on this.

We had an order for 100,000 Aurics first thing this morning, which has significantly reduced the amount of coins still available, but we hope you are all able to get the allocations you're seeking before the ICO concludes.





Kindest Regards

Auric Communications

i think its great business, lovin it! invested in it with the currunt price, i see it go up in time def. i see progress of dev team and community also along with it brings faith in the project. very strong, keep up! sorry for my english!

At launch, we will be on bitstamp and kraken, along with several others to be confirmed. So it can be seen from day one that Auric has the confidence and liquidity for smooth transactions. In addition, we will have the Auric Market active for those holders who wish to sell their coins for the precious metal at the coins base value of 0.001oz per Auric.






Kindest Regards

Auric Communications

U are already on kraken, and the volume is about to outstrip bitcoin. At kraken we normally trade between euro and alts but we are open to test new markets too, namely euro - labia pair. I have requested kraken team to delist this coin to free up some space for labia market, and at this moment we are in the process of deliberating the specifics of labia wallet setup.

Don't know why it would matter who started first or who's on the market longer but who has a better product that fits peoples needs.

??!! Can I have some of what you're taking?!  ;D

already own all the Auric I want. Looking forward to selling some of them for higher to cover my original investment then hodl baby!

Thank you for your support, as we thanks all those who have supported us throughout this ICO with posts and investments. We anticipate the ICO concluding by this weekend at the latest, we will let you all know when the last coins have been purchased. All Auric owners should have received our latest info pack by now with lots more details about the impending launch. Full audit will also be sent to investors within 7 days of the conclusion of the ICO.






Kindest Regards

Auric Communications

Same here. First time I had broken into my bitcoin stash since 2014.  Part selling at launch then holding.

I have to admit I own a figure amount of Auric. And not bothered at all because they've already gone up in gold value since I bought them, regardless of what happens in the currency value at launch.This is what people who haven't invested in this are missing. As an ICO investor in particular, it's a no-brainer.

I did buy some more in the main ico but got most of mine in the flash ico few weeks ago - pays to be alert!

Successful ICO, well done Auric on a quick sale of these. Proves I was correct to invest early and in a big way.

Auric ICO Day 8 Update:

Auric Remaining: 76,000 out of 8,000,000


We are now 99% sold in the ICO, just a few left before it closes for good. IF you're an existing investor looking to top up your holding (which we have experienced a lot with Flash ICO investors returning for more in the main ICO) or a new investor wanting to obtain some of our currency, the message is be quick!

We're mostly focused on the launch now, which should be later this month. Thank ou all for your support and participation in the ICO. We now have over $9M of funds in our gold depositories, backing each and every single coin you own with its weight in gold. All Auric holders should have received our interim audit in one of their info packs. Please read at your leisure for peace of mind and to confirm the balances of the company are where we say they are.

Further update as soon as these last few Auric sell and the ICO concludes.






Kindest Regards

Auric Communications

Looks like a solid project, reading the whitepaper right now.. Curious how this one will end, good luck team !

Thank you, we have been very grateful for the interest and participation in Auric. Yes, some large institutions have bought chunks of the supply, but we are pleased to confirm that a majority of the 8,000,000 supply are in the hands of small private investors. There are still a few available before the ICO finishes, or you will be able to purchase after launch later this month via exchanges.






Kindest Regards

Auric Communications

I might actually just buy up some of this last 1% from my own private funds, let's get this ICO finished.

Crypto market fluctuated very fast, therefore investors should be fast to take profits, stop loss or buy the dips to get fast returns. Wish good luck to investors! Luck is what you need!

Well yes, but with Auric you also have the security of gold backing value to each coin so for ICO investors there isn't the level of risk that most such new currencies suffer from. This was one of the main reasons I invested a large amount into this on behlaf of my investment cell.

you're too late, ICO is more or less finished!

I bought just under 10,000 Auric, and this will hit $100+ easily. Nice prospect :)

excellent news. bad luck to all those who missed out on the Auric ICO - I'd like to say I'd sell you some of mine on the exchanges when it launches, but you got no chance.

All Auric investors should have received their welcome packs by now - please contact us if you have not received yours. The full audit of our ICO is now underway and will be forwarded in next week's info pack.

Please do not mail us asking to purchase Auric as it is now sold out via the ICO. It will be available on Kraken and Bitstamp (plus 2 others to be announced shortly) to trade at launch, which will be later this month. The prices there will be determined by the market, but Auric will always retain its intrinsic 0.001oz gold value should holders wish to trade in for the precious metal via our unique Auric Market. This too will be available at launch.

We would like to give a further thank you from the whole team at Auric for making the ICO such a success.






Kindest Regards

Auric Communications

Hey
What I like the most is the ability to integrate your token with almost any e-commerce website or in-store merchant.Was this already tested and if it was can you give any links or results or tests?

Neither of those are the primary use cases of Auric. Please read the white paper for details.

brilliant. I have a large personal and group invesmrnt into Auric. can't believe how organised it all is. The weekly info packs alone are better than 99% of ICOs make. And a full audit to prove their funding and where the money is? like to see the others that offer that.

And with bitcoin in the doldrums and Ethereum clearly dying (and taking the alts down with it), the time is right for a coin like this.

I agree with earlier poster, too bad for those that missed out, this will be inflated far more than the measly dollar or so each us ICO investors paid!!!!

HAppy for this to launch soon.

the very name of the topic already speaks for itself and that is all said. I think if the team succeeds, it will be very popular in the market. It'simportant for the community.

Yeah the time is good for the community, investors and traders once it launches. I'll be hodling regardless for a long time. If any project is going to do 1000x now it could be something like this. Who would have thought ETH would collapse like it has? Something with real value like this is one solution

ETH is history but yeah there was good money in it if you got in and out at right time! You're too late for the ICO now unfortunately its sold out

ll
Thanks for such explanation, i am looking forward some basic, will you stock Gold against each token you sell. how the economics of token will really function?

Quick question, do you peg the price only on the $ value or in ETH?
I‘m asking, because as the price of ETH is dropping and it may not stop here, 1.5 ETH will therefore give us much less tokens in the sale then originally, correct?
Thanks

They set the price based on gold price in dollars each day, then calculated that in terms of BTC or ETH at that time. You are correct that you would get much less Auric now for ETH that when the ICO started. ETH is finished. I doubt they would even accept ETH now if the ICO was about to start now!


But it actually doesn't matter now because the ICO is finished, there are no more coins for sale until launch so you would have to buy from exchanges then and who knows how much they will be then! I got mine for around $1.19 each.

I highly recommend this business to my friends and relatives! They were so much delighted when I told them about it! Devs are working hard and updating us every week on the progress!

I would read their white paper it has all the answers. but ico is finished anyway now so you would have to buy at exchanges!

$9M in gold reserves makes this an extremely serious currency. Perfect timing with the altpocalypse.

Hello,
Now that Bitcoin is in its final death throes, I'm all in your token! Given that it's backed by the SEC, time I can't lose unlike with Bitcoin, which as I mentioned is pretty much dead... again. SO, I m in.

The business as a whole is not bad, but I can't see the information about the developers lately, although they all have a business.

So, sit and relax.
I have story for you all:

“Hello, little boy!” said the cat.
“Do you want a lot of money?” asked the fox.
 
“We can help you.
Put your money in this magic hole.
Come here tomorrow
and you will find a tree with gold leaves.”

Pinocchio believed the fox.
He put his money in the hole.

It'strue that in todays market it's very hard to have an original idea, it's just overpopulated. But you can have an original approach to the same idea. That can be the difference.

Full audit is now underway and will be emailed to all ICO investors with next week's info pack.

Launch should follow in the last week of September, look out for much more on this in your inboxes shortly.

And thank you all for the ongoing messages of support and appreciation - it's us who should be thanking you for supporting Auric to the tune of $9M+ in ICO funding (and therefore, gold backing)




Kindest Regards

Auric Communications

Good day,
And what fees will be paid by the merchant to use your platform as a payment processor for your web commerce? Will there be purchase protection in relation to the buyer, that's, buy and receive, because if do not receive,the protection for the refund?

So this support of physical gold, the currency contains a quantity of gold in which it can guarantee the continuity of the project and the investments made during the ICO?

pobble think you late for auric ico so sorry you buy exchange for much more from the pobble!!!!!

Each issued coin has an intrinsic value of 0.001oz gold, which it can be redeemed for at any time via the Auric Market. This is in addition and separate from the market determined dollar valuation. It ensures that Auric has a genuine 'base' value rather than being built on nothing more than speculation or hype. And as the ICO price for the coins was determined by the price of 0.001oz gold, it means that ICO investors have additional security and protection.

As to the price once Auric launches, that is for the market to determine. Unfortunately, the ICO is now over so there are no coins available at that price point. All funds from that (circa $9.5M) are now in merchant depositories for the gold backing. Full audits are in the process of being prepared for additional transparency for investors.

We would refer you to our white paper for further information.






Kindest Regards

Auric Communications

That is not the use case for Auric. Please read our white paper for full details.






Kindest Regards

Auric Communications

lol at those who thought this was 'scam' or similar. $9M taken, all tokens sold, with auditing of their books to show where it all is. full product launching later in month on large exchanges at who knows what price. must suck to have missed it  ;D

IT won't be such good value once it launches and hits the exchanges that is true. People should have done their homework and bought in the ICO like myself and most on here but hey ho. There will still be value for them in early stages I'm sure.

Big update later today!

Thanks very much for all the ICO funds...we will try and launch Auric sometime before 2040. Have a great day. No more updates until then.



Auric Communications.

Selling 3 million tokens on the 2nd day is no small feat to achieve for an ICO that doesn't have a corporate ad machine supporting it, so I'm going to say that I admire the hell outta you all, I can't wait to see what the future brings

sometime before 2040. …….. No more updates

 ::)

when pobble4lobble get auric gold coin for to sell exchange?

you are by no means the first project backed by gold. your claim is not true at all.


naive users bought this crap! no wonder crypto is going in a wayward manner...

but pobble wants auric for to sell exchange auric has the 9million money for the gold please to launch quickly for pobble.