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Author Topic: [ANN] Auctus - Smart Contracts Powered Pension Funds |  (Read 23928 times)
viniciusfbm
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August 02, 2017, 08:18:18 AM
 #21

look like this is an good project , waitting more details about ico

where the main team member  form?

get your eyes checked.  I don't see pension funds+blockchain and an auctus token making any sense.  Individuals personal crypto balance is their own personal "pension" funds.  Am I wrong on this?  B-Folio allows this.  Why would anyone use their employer plan when after-tax investing in crypto is extremely profitable.  Not sure what yall trying to solve here.



Hello, thanks for your opinion, i'm one of the co-founders and I can say that the project is much better than just a B-folio. First you need to understand that there are several employers plans where the employer match 100% and you double your investments, second you get a tax benefit from all contributions. Third, one thing that may not be clear is that we aim not just crypto investments, but also to include all traditional assets over time. So you would get total transparency and ensure enforcement of contracts due to use of smart contracts, without risking your pension pot just in digital coins. We aim to bring traditional pension funds to Blockchain, we have done this flowchart and it's a little bit complex, but if you take your time to understand it, you will see that smart contracts fits perfectly:


http://dl.auctus.org/smart_contracts_scheme.jpg

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August 02, 2017, 08:25:51 AM
 #22


The project is worth the attention.  I hope to get some good news from this project. Will keep my eyes on this project.Good luck
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August 02, 2017, 08:33:59 AM
 #23

It is indeed good concept as many countries are struggling to handle correctly pension funds and private companies are stepping in this mega trillions industry to provide real solution. Blockchain is about to conquer this ignored and full of issue industry so I see this project working for real use case.

 
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viniciusfbm
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August 02, 2017, 12:18:26 PM
 #24


The project is worth the attention.  I hope to get some good news from this project. Will keep my eyes on this project.Good luck


Thank you,  please let me know if you have any questions.

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August 02, 2017, 02:26:09 PM
 #25

It is indeed good concept as many countries are struggling to handle correctly pension funds and private companies are stepping in this mega trillions industry to provide real solution. Blockchain is about to conquer this ignored and full of issue industry so I see this project working for real use case.

I'm one of the Auctus founders and i have worked in one big pension fund (with more than 100m in assets) and I strongly believe that smart contracts can be used to fix all issues in this sector.
Thanks for your support

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August 02, 2017, 02:40:47 PM
 #26

Lol are you serious to make all of the crypto users join in your platform to save all of their money for the pension funds? That's like regular social gathering in my mind.
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August 02, 2017, 02:47:55 PM
 #27

I had read the details and information of this project and I can say it was be a nice project. I know there are maybe many investors will
participate in this coming ICO.Maybe I will invest in this projects. If I can get to the level, I would like to participate in the signature Bounty.

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August 02, 2017, 03:04:30 PM
 #28

An ageing population will become a world problem, many countries' fiscal caused great funding gap, the opacity of endowment fund to the loss of a lot of money without any reason, if the blockchain can actual application to this industry, perhaps will completely change the opacity of the world, brings to the pension funds more detail, at least I think so.

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viniciusfbm
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August 02, 2017, 05:36:33 PM
 #29

I had read the details and information of this project and I can say it was be a nice project. I know there are maybe many investors will
participate in this coming ICO.Maybe I will invest in this projects. If I can get to the level, I would like to participate in the signature Bounty.

Thank you for your support, to participate please visit our bounty post: https://bitcointalk.org/index.php?topic=2059192.0

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August 02, 2017, 09:01:41 PM
 #30

An ageing population will become a world problem, many countries' fiscal caused great funding gap, the opacity of endowment fund to the loss of a lot of money without any reason, if the blockchain can actual application to this industry, perhaps will completely change the opacity of the world, brings to the pension funds more detail, at least I think so.

Glad you share the same vision. I'm one of the founders, I have worked in this sector (as Investment Analyst in one of the largest pensions funds in Brazil) and have seen a lot of issues, and it's clearly one of the best application for smart contracts , you have clear rules that can be implemented and this sector needs to become far more transparent.

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August 03, 2017, 01:33:02 PM
 #31

When will to open ICO? I cant see anything about it.

viniciusfbm
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August 04, 2017, 07:20:32 PM
 #32

An ageing population will become a world problem, many countries' fiscal caused great funding gap, the opacity of endowment fund to the loss of a lot of money without any reason, if the blockchain can actual application to this industry, perhaps will completely change the opacity of the world, brings to the pension funds more detail, at least I think so.

Glad you share the same vision. I'm one of the founders, I have worked in this sector (as Investment Analyst in one of the largest pensions funds in Brazil) and have seen a lot of issues, and it's clearly one of the best application for smart contracts , you have clear rules that can be implemented and this sector needs to become far more transparent.


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August 04, 2017, 07:40:07 PM
 #33

Is this using eth platform? How much token wil be created and what's minimum contribution?
How much token will i get for 1 eth? Thank you  Smiley

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viniciusfbm
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August 04, 2017, 07:58:22 PM
 #34

Is this using eth platform? How much token wil be created and what's minimum contribution?
How much token will i get for 1 eth? Thank you  Smiley

2000 AUC/ETH, we will announce more details soon, thanks for your interest

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August 05, 2017, 03:10:57 AM
 #35

I would like to invite everyone to join our slack, we are having good discussions there and we might release some surprise bounties there:

http://slack.auctus.org

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August 05, 2017, 05:02:53 AM
 #36

When ICO sir ?

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viniciusfbm
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August 05, 2017, 05:37:11 AM
 #37

When ICO sir ?

We will announce it soon, we are finishing some details to avoid having any chance to postpone it.

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August 05, 2017, 02:33:55 PM
 #38

Almost done with our pre ico SC rules, you can check it on github: https://github.com/AuctusProject/AuctusToken


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August 05, 2017, 03:27:50 PM
 #39

Is this using eth platform? How much token wil be created and what's minimum contribution?
How much token will i get for 1 eth? Thank you  Smiley

Yes, we will use ethereum and our token is erc20

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August 05, 2017, 03:50:22 PM
 #40

i am too lazy to read a whitepaper. what will happen if you don't collect the funds at ICO?
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