Authtrail Launches Invite-Only Community Event To Promote Mainstream Adoption & Distribute 30 Million $AUT Tokens
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Authtrail, the blockchain-based data integrity SaaS platform, has announced the launch of its invitation-only community round to boost the mainstream adoption of its enterprise-grade solutions further. This community event will consist of two rounds and is only open to whitelisted Authtrail community members.
A total of 20% of the 150,000,000 maximum supply of AUT tokens will be distributed via the event, helping the Authtrail team raise as much as USD 6 million. The first round is open to the first thousand community members, with minimum contributions starting at USD 1,000 and maximum contributions capped at USD 5,000 per user. However, the second round is open for all community members on a first-come, first-serve basis. Contributions for the second round start at USD 1,000 and have no upper cap.
According to the Authtrail team, the invitation-only community round is the most cost-effective option for community members to acquire the platform’s native $AUT tokens. A total of 30 million AUT tokens will be listed for sale, priced at just USD 0.2 each token, which is half the price set for the upcoming public round.
The Authtrail token (AUT) is the native utility token for the platform. Currently, it is used to purchase anchor credits, but it could support additional utility features in the future. Since the AUT token follows a deflationary model, the value of the tokens will go up as used AUT tokens will be burned to reduce the circulating supply over time.
Please note that the Community round is only available to Authtrail community members, that too, via whitelisting. It is not
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