[ANN] Auctus - Smart Contract Powered Retirement Planning

[ngefek berat]

Still waiting for the completeness of Auctus in order to follow bounty if the funds spent more than other projects.

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[GayOfThrones]

The idea sounds good, the only problem I see is the long time it takes for people to become old and get their blockchain based pension. Who knows what there possibly will be instead of the blockchain by then...

[johhnyUA]

Russian translation completed - https://bitcointalk.org/index.php?topic=2105944.msg21048954#msg21048954
Bounty topic will be completed soon. Also moderation of russian ANN topic started

[DuarteFig]

The idea sounds good, the only problem I see is the long time it takes for people to become old and get their blockchain based pension. Who knows what there possibly will be instead of the blockchain by then...

Hi, thanks for sharing your opinion with us.
We are developing a platform for pension funds management and we are using the Ethereum network and its smart contracts as our backbone. What you said ("who knows what there possibly will be instead of the blockchain") could be pointed as a risk factor for any current project being built using Ethereum, not only pension funds. We don't believe the blockchain technology and smart contracts will be replaced by something else. It may become different from what it is today, as the developers are still working on it and bringing more functionalities in, but it still has a lot of space to grow and evolve and there are hundreds or maybe thousands of promising projects being built on it and improving the ecosystem. This technology is at the very beginning and has a brilliant future ahead. I agree with you if you are talking about crypto currencies current prices, it is very difficult to predict what the existing digital coins and tokens will be worth some years from now, so it would be risky to have a retirement fund with only current existing digital assets. But our project is not only about managing a digital assets fund, we are aiming in the long term market revolution. Our platform will begin with a proof-of-concept digital assets retirement fund but later will expand to traditional assets as the tokenization process evolves and smart contracts become more accepted in the "real world".

[viniciusfbm]

Russian translation completed - https://bitcointalk.org/index.php?topic=2105944.msg21048954#msg21048954
Bounty topic will be completed soon. Also moderation of russian ANN topic started

awesome! thank you for helping to spread the word about our project!

[YIz]

The website looks awesome and professional. Good luck.

[dlouulmusthofa]

hy sir, i'm joining signature campaign of this project, and inside the rules this campaign end after the ICO. but, i don't see ICO period on the thread above. when is it??

[Kenrich]

hello dev ,any plan cooperation with ICO Market,thanks sir  ?

[sheamus10]

Is Ico the date  clearly specified ? If you inform me it makes me happy. Good luck, waiting for new informations

Sorry my friend also do not know about this ico, because still follow other project. Maybe you can see the official website, usually there is information about the date in the beginning of this ico

[DuarteFig]

Is Ico the date  clearly specified ? If you inform me it makes me happy. Good luck, waiting for new informations

Sorry my friend also do not know about this ico, because still follow other project. Maybe you can see the official website, usually there is information about the date in the beginning of this ico

There is no official date yet. The reason for this is because we are currently working on the development of a demo of the platform and finishing the website and final version of the whitepaper. Meanwhile we are also working on establishing strategic partnerships. The date will be announced soon, along with the release of the website and whitepaper. It will be worth the wait, if we rush to set a date before finishing important work in progress we can get ahead of ourselves and don't present the project in the strongest way possible. Soon everything will be in place and the date will be posted here and in our other communication channels (twitter, slack, reddit, facebook, website etc).

[DanielBoaventura]

Russian translation completed - https://bitcointalk.org/index.php?topic=2105944.msg21048954#msg21048954
Bounty topic will be completed soon. Also moderation of russian ANN topic started

Thank you very much for the support Johhny. It's great work.

Pleas keep the topic active. That will be fundamental for our project success.

[Gwyn]

hello dev ,any plan cooperation with ICO Market,thanks sir  ?

this is a great idea ,some ICO from tokenmarket sold out quickly.

[kamvreto]

Indonesia translation done !!
https://bitcointalk.org/index.php?topic=2109560.0
information bounty : https://bitcointalk.org/index.php?topic=2109560.msg21086078#msg21086078

on bitcoingarden forum : http://bitcoingarden.org/forum/index.php?topic=18263.0
information bounty : http://bitcoingarden.org/forum/index.php?topic=18263.msg188350#msg188350

ANN auctus thread on bitcoingarden forum : http://bitcoingarden.org/forum/index.php?topic=18141.0
information bounty : http://bitcoingarden.org/forum/index.php?topic=18141.msg187394#msg187394

[viniciusfbm]

hello dev ,any plan cooperation with ICO Market,thanks sir  ?

this is a great idea ,some ICO from tokenmarket sold out quickly.

We will list our website on all ICO listings just after we launch our new website and whitepaper, stay tuned! We probably will get some highlight packages on those sites as well.  Thanks for your suggestion

[bikers online]

One more project that comes up again this month, the concept is very interesting, it will attract many investors to join in this project

[viniciusfbm]

hello dev ,any plan cooperation with ICO Market,thanks sir  ?

this is a great idea ,some ICO from tokenmarket sold out quickly.

We will list our website on all ICO listings just after we launch our new website and whitepaper, stay tuned! We probably will get some highlight packages on those sites as well.  Thanks for your suggestion

[fedmahnkassad]

No offense but this looks like the next project that sounds cool and stuff but will get zero actual real time use because nobody really wants to have their pension fund hacked.

[nltn]

Will be following this project. The idea sounds good, the execution and then adoption is the difficult part

[operabit]

Good project, it's just that to keep in mind better in development, I often see many projects that fail and only get a little funding, may you succeed!

[DuarteFig]

No offense but this looks like the next project that sounds cool and stuff but will get zero actual real time use because nobody really wants to have their pension fund hacked.

Hello, thanks for giving us feedback to work on.
No offense taken. My opinion is that these security concerns are very important, and this holds true for both traditional pension funds and any project related to blockchain and cryptocurrencies in general. Nobody wants to have anything hacked, not just pension funds.
Traditional pension funds are often fraud/scam targets and one of our goals in bringing them to the blockchain is to improve this. Of course this brings a new kind of risk, especially with recent hacks occurring in other ICOs and a vast history of other problems that have happened in the past.
But it is our team's responsability to address those risks by following a few important steps such as:

• Thoroughly testing the smart contracts that will be used in the pre-sale and in the ICO;
• Having security audits;
• Disclosing contract address previously and using ENS;

And after the ICO, before publicly launching our platform, spend even more effort and resources to assure security, hiring security specialists, promoting bug bounty campaigns, extensively testing the platform on test net before launching it on main net, gradually releasing our products to beta testers before releasing them publicly for everyone, and a lot of other measures that can be taken to reduce the risks to near zero.
The risk is not exclusive to our project, it exists in every cryptocurrencies exchange, in every ICO and in every system that handles users' assets. Even traditional banking systems are not completely safe against hacks, so it depends on the team's competence to ensure that the platform built is safe.