Real Time Assurance and Disclosure for Digital Assets and Exchanges Begins This Friday, 14th June

June 11th, 2019 at 7:24 pm UTC · 5 min read

ExMarkets will host the first phase of the Initial Exchange Offering for the AUDT Token for early adopters on June 14, 2019. Early adopters should register now. ExMarkets will also join the DCARPE Alliance and work toward implementing the DCARPE Assurance and Disclosure Framework into the ExMarkets digital asset exchange and IEO launchpad.

ExMarkets will create a top tier listing category for digital assets that provide the highest level of transparency using the DCARPE Assurance and Disclosure Framework. ExMarkets will also integrate the DCARPE Explorer into its platform which will provide real time financial disclosure and audit analytics data to investors on the ExMarkets digital asset exchange and IEO launchpad. View a demo of the DCARPE Explorer Front End.

Auditchain is leading the development of the world’s first decentralized continuous audit and real time financial reporting protocol ecosystem for digital asset assurance and financial disclosure. Auditchian is finalizing partnerships with additional digital asset exchanges who will integrate the DCARPE Assurance and Disclosure Framework into their platforms. The AUDT Token sale launches on June 14, 2019. Register your account on ExMarkets now! Only 1,000,000 AUDT Tokens will be available in this phase. Huge bonuses will be earned after the IEO.

A total of three phases of the IEO will occur on three separate exchanges. Stay tuned for additional announcements about exchange partnerships.

IEO Terms

  • Price: $0.20 USD
  • Tokens for sale: 1,000,000
  • Total IEO Supply: 100,000,000
  • Capital Raised: $2,000,000
  • Blockchain: Ethereum (ERC20)
  • Currency pairs: BTC, ETH, USDC, EUR
  • Mandatory KYC
  • Massive “Proof of HODL” Airdrop

Auditchain intends to make four (4) airdrops to early adopters of up to a total of 45,000,000 AUDT following the last phase of its IEO. The Airdrop will occur pursuant to the following eligibility conditions:

  • Wallet addresses must contain a balance of AUDT Tokens at the time of the Snapshot
  • The balance of AUDT Tokens contained in each wallet address must be identical in state to the Snapshot for each of the consecutive blocks following the Snapshot with one exception; wallet balances may increase but never decrease. In order to meet eligibility requirements, no AUDT may be moved or transferred at any time from the wallet address. Each Airdrop will be distributed to eligible wallets in proportion to their stake in the total amount of AUDT held by eligible wallets. This will be calculated using the following formula:

Airdrop Amount * Number of AUDT Held / Total Number of Eligible AUDT Held = Airdrop Allocation

Further Airdrop Information

  • First Snapshot – 30 Days Following Final IEO Phase
  • Airdrop Date – 60 Days Following First Snapshot
  • Airdrop Amount – 4,500,000
  • Second Snapshot – 91 Days Following Final IEO Phase
  • Airdrop Date – 90 Days Following Second Snapshot
  • Airdrop Amount – 9,000,000
  • Third Snapshot – 181 Days Following Final IEO Phase
  • Airdrop Date – 90 Days Following Third Snapshot
  • Airdrop Amount – 13,500,000
  • Fourth Snapshot – 271 Days Following Final IEO Phase
  • Airdrop Date – 90 Days Following Fourth Snapshot
  • Airdrop Amount – 18,000,000

The DCARPE Alliance is a global consortium of members of the accounting, audit, financial reporting, legal, investment, blockchain and academic communities. The Alliance is segmented into four categories:

  • Financial Reporting & Assurance
  • Technical
  • Legal and Regulatory
  • Gatekeepers – Exchanges, Tokenization and Securitization Platforms

Auditchain; the founding member of DCARPE Alliance is leading the development of the DCARPE Assurance and Disclosure platform along with other members in the technical category. Auditchain and the DCARPE Alliance are leading a movement to convince digital asset exchanges to adopt real time assurance and financial disclosure using the DCARPE Assurance and Disclosure Framework.

AUDT Token Economics

The AUDT Token is consumed through staking and spending by enterprises, CPAs, Chartered Accountants, providers of enterprise software and other service providers. Staking incentivizes uninterrupted service, enables a reduction in the cost of services of the DCARPE Assurance and Disclosure Framework and enforces a fair and balanced gamified AUDT monetary system.

AUDT is also staked and consumed by subscribers to the DCARPE Explorer who subscribe to a variety of access to detailed digital asset and enterprise financial statement and audit analytics data. In addition, third party service subscriptions through the DCARPE Explorer will enable the creation of dynamically updating actionable research reports on digital assets.

Remember, there are only 1 million AUDT Tokens available in the first phase, so set a reminder for the 14th of June and register on ExMarkets.

About Auditchain

Auditchain is the founding member of the DCARPE Alliance and is leading the development of the world’s first Decentralized Continuous Audit & Reporting Protocol Ecosystem TM for digital asset and enterprise assurance and disclosure.

Auditchain is developing a public blockchain ecosystem populated with CPAs and Chartered Accountants who externally validate enterprise system and controls and financial condition on a continuous basis and in near real time. The DCARPE TM Explorer is a subscription based public block explorer that renders financial statements and audit analytics in real time to subscribers.

About DCARPE Alliance

DCARPE™ Alliance is comprised of members of the accounting, audit, financial reporting and blockchain community. The DCARPE™ Alliance was formed to collaborate with its members and invite thought leadership on matters such as regulation, implementation, scaling and adoption of the DCARPE TM assurance and disclosure platform.

The DCARPE™ Alliance will hold events and symposiums as well as educate the investment, enterprise and regulatory community about the benefits of continuous audit and real time reporting using the DCARPE TM Assurance and Disclosure platform.



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Disclaimer: Auditchain is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. AUDT Token is not to be used for speculation. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Auditchain token sale is closed to US participants and participants of all countries in which ICOs are illegal.