[ANN][YELLOWPAPER]Autoria's Unique Supply-Curve Modeled PoS Token Distribution

[needmoney]

Autoria Yellowpaper Technical Announcement

Main Announcement Thread

What is Autoria?
Autoria (ERC20 Token Symbol: AUT) is a new paradigm in cryptocurrency. Our unique Proof of Stake distribution method is the first supply-curve modeled cryptocurrency in the world. We are a U.S. company based out of Ohio. Our talented team, which includes an Ebay software engineer and a NASA associate, have helped create what we feel is the most sophisticated and fundamentally sound token distribution model in the world.


 
How does our Distribution Model Work
Autoria is using a sophisticated supply-curve modeled distribution system which automatically mines AUT tokens based on a 4 factor growth equation. The technical details of this system are outlined here in our yellowpaper (http://autoria.io/yellowpaper.pdf). The token release rate is linear at first and then tapers off as growth and adoption of AUT stabilize. Our token contract is optimized to minimize gas costs and provide future functionalities for easy integration in decentralized applications. Our equation also allows us to reward investors directly by increasing the number of tokens in the mining pool. Our growth equation then automatically adjusts the rate at which AUT tokens are mined.

Investors will have a 3 week timeframe (July 14th through Aug. 4th) to reserve a stake in AUT. These stakes, or 'Mining Wells' are permanently registered into the Ethereum blockchain and are the only AUT token generating assets available.


 
What Makes our Crowdsale Unique?
Autoria's crowdsale helps ensure diversity of token distribution in the following ways:

• Our research has shown that in all major ICO's (like Status) over 95% of unique addresses come from sales of less than 100 ETH. Unlike other distributions, where individual investors are allowed to monopolize token holdings, our crowdsale ensures that everyone has an opportunity to make a significant contribution.
• In order to maximize the number of unique addresses collected, contributions are capped at 100 ETH per investor.
• This empirically backed ETH cap ensures a diverse distribution of AUT generating assets (Mining Wells).
• Other Proof of Stake systems allow for the exchange of token generating assets, increasing vulnerability to attacks and decreasing transparency. AUT Mining Wells are permanent.
  
• Other Proof of Stake returns can be unpredictable. AUT mining is based off a sophisticated supply-curve which is designed to maximize investor value and fit our development roadmap. This equation is completely transparent.
  

 

What are the Tokens Used For?
Our team (http://autoria.io/#team) is targeting a 7 trillion dollar industry ($7,000,000,000,000). Autoria is delivering a simple and safe framework for both users and merchants to use in ecommerce and Point of Sale transactions. We believe a great merchant service needs a fundamentally sound currency. That's why we've devoted as much attention as possible to ensuring our distribution methodology 100% robust.
Our goals area specific and measure, complete with investor bonus distributions upon completion of major project milestones. Our roadmap to success and specific details (like our budget) are outlined on our website, http://autoria.io, or in our whitepaper, http://autoria.io/whitepaper.pdf


 
Connect with us
If you're interested in our project you can connect with our team through:
Discord: https://discord.gg/sdmKVAW
Twitter: https://twitter.com/autoriacoin
Telegram: https://t.me/autoriacoin

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[erikalui]

This is the second ANN? Cause there is another thread for Autoria.

Edit: Just checked that it's the technical announcement. Will be watching this project! 

[danycoman]

RESERVED ROMANIAN LANGUAGE

[PolyPanto]

Hi, in case you plan to do translation bounty, I would like to reserve Russian translation. Thank you.

[ucliktea]

dev you have any bounty?

[needmoney]

This is the second ANN? Cause there is another thread for Autoria.

Edit: Just checked that it's the technical announcement. Will be watching this project! 

Yes, this is the technical annoucement. Main thread is here: https://bitcointalk.org/index.php?topic=1980391.0

Thanks for your interest.

[labuan]

OMG 7 trillion dollars this money or what.waiting 1% bounty campaign

[autoria]

dev you have any bounty?

We do! It should be one of the first threads in the altcoin marketplace. Thanks for your interest.

direct link: https://bitcointalk.org/index.php?topic=1980456.0


If there are any questions, please feel free to contact us directly via Discord: https://discord.gg/sdmKVAW

[Mrrr]

Autoria is bestest coin it have lim R (b,B,K,R) which is better than for example lim R (B,b,K,R)

[autoria]

Autoria is bestest coin it have lim R (b,B,K,R) which is better than for example lim R (B,b,K,R)

Hey Mrrr, those are the same functions. Thanks for the kind words though!

[autoria]

We've released more info at www.autoria.io/about.html

Stay on the lookout for more announcements soon!

[Easy2Mine]

The project has seen a lot of interest . But I trust no matter what . ( except for the scam )

[cryptaxo]

hi, if need Chinese translation please let me know, I will also maintain Chinese thread with updates and replies. I can also start threads in other Chinese websites on this topic. please PM if interested

[Odeoke]

hi, if need Chinese translation please let me know, I will also maintain Chinese thread with updates and replies. I can also start threads in other Chinese websites on this topic. please PM if interested

Please check bounty thread if Chinese translation available or not.

https://bitcointalk.org/index.php?topic=1980456