🔵 [ANN][ICO] SOLD OUT! Aurora 🔥 Decentralized Finance and Banking + Exchange 🔵

[Avalinatharo]

Why you didn't insert video on first post? image of video player that links to the video, sounds like a joke.

[coldday]

What number tokens have already been sold during all Token Sale rounds?

Hello. If I don’t mix up anything, the company has sold more than 58% of the coins that were allocated to the sale.

[MkrKing]

You say that you will constantly collect info on demand for stablecoin. Can you tell us why do you need this?

[romgenie]

Greetings. Does anyone know if one can use Aurora MVP client for free?

[spyQQgood]

What currencies are accepted as payment for the purchase of tokens?

[Gamelander]

What currencies are accepted as payment for the purchase of tokens?

The company accepts only Eth.

[b1o1o1h]

I don’t quite understand if all the information collected from the market will be processed by some kind of automatic algorithms or by the company’s experts.

[unkletoken]

You’ve written that decentralized capital can decide itself which official target value to set. What will be a base of official target cost?

[AuroraDao]

You say that you will constantly collect info on demand for stablecoin. Can you tell us why do you need this?

Supply and demand is extremely important for a currency to keep its stability. If the supply of the currency far outstrips the demand then the price will fall, on the other side if the demand is much greater than the supply then the price will go up too much. While boreals are backed by a basket of decentralized assets it is also crucial that we make sure the supply corresponds with the current demand. This way we can adjust the amount of boreals in circulation depending on market sentiment.
 

I don’t quite understand if all the information collected from the market will be processed by some kind of automatic algorithms or by the company’s experts.

The goal is for all of this to be autonomous. We'll design the systems such that it takes in all the information collected and it automatically adjusts both the supply of boreals and loan parameters. At first humans will have a big say in this as it will be a learning experience as we go, but over time we will switch to it being fully run by code.

You’ve written that decentralized capital can decide itself which official target value to set. What will be a base of official target cost?

Early on the target value is 1 boreal will equal 1 usd. Over time we'd like to get away from fiat values all together and tie it to a basket of commodities.

[xdookiex]

I would like to say I am vested in this project. This team seems more involved and competent than the etherdelta team.

[AuroraDao]

I would like to say I am vested in this project. This team seems more involved and competent than the etherdelta team.

Thanks for your support!

[alcoholbtc]

What happens to DVIP that still rest unsold after the end of the ICO?

[dayasinfo]

What happens to DVIP that still rest unsold after the end of the ICO?

As far as I know, DVIP unsold will be destroyed and it’ll be impossible to recover them in the future.

[FarmerOak]

What happens to DVIP that still rest unsold after the end of the ICO?

As far as I know, DVIP unsold will be destroyed and it’ll be impossible to recover them in the future.

That's correct! All unsold DVIP will be destroyed.

[nextwalker]

Hi everybody. What is the minimum sum for making a transaction at the moment?

[coin63]

Hi everybody. What is the minimum sum for making a transaction at the moment?

There’re no minimal restrictions now and there won’t be any later, so you can make purchases for any amounts of money.

[devilini]

I’ve read the description of the project and got acquainted with the technical documents. It seems to be great, but I still can’t understand why you should burden the system with any additional stuff like IDEX. In my opinion, Aurora can do its best with the help of standard technologies.

[defender77]

I’ve read the description of the project and got acquainted with the technical documents. It seems to be great, but I still can’t understand why you should burden the system with any additional stuff like IDEX. In my opinion, Aurora can do its best with the help of standard technologies.

Perhaps, Aurora could do even without IDEX, but the quality of the services provided by the company wouldn’t be that high. You see, IDEX ensures complete decentralization of the service and allows it be available for the clients from all over the world.

[gavrosh]

I’ve read the description of the project and got acquainted with the technical documents. It seems to be great, but I still can’t understand why you should burden the system with any additional stuff like IDEX. In my opinion, Aurora can do its best with the help of standard technologies.

Perhaps, Aurora could do even without IDEX, but the quality of the services provided by the company wouldn’t be that high. You see, IDEX ensures complete decentralization of the service and allows it be available for the clients from all over the world.

I’m wondering in which exact way will all the stuff described by you be provided to the service by IDEX?

[defender77]

I’ve read the description of the project and got acquainted with the technical documents. It seems to be great, but I still can’t understand why you should burden the system with any additional stuff like IDEX. In my opinion, Aurora can do its best with the help of standard technologies.

Perhaps, Aurora could do even without IDEX, but the quality of the services provided by the company wouldn’t be that high. You see, IDEX ensures complete decentralization of the service and allows it be available for the clients from all over the world.

I’m wondering in which exact way will all the stuff described by you be provided to the service by IDEX?

It’s easy! IDEX will provide the bank with additional profit which is necessary for compensation of unforeseen default on credits. Consequently, the service’s operation will be stable and it will be fully decentralized.