Auditchain is Launching on TrustPad!

TrustPad.io
4 min readDec 9, 2021

Streaming financial statements. Real-time assurance. One block at a time.
IDO Launching 14th of December.

We are thrilled to announce that Auditchain will be launching on TrustPad!

Traditional assurance methodology and periodic financial disclosure underpin the traditional financial markets. Global disclosure frameworks address current information requirements for publicly traded enterprises whose financial transactions are concealed from public view and occur behind the firewalls of legacy accounting information systems and bank custody environments.

Material changes in the financial state of decentralized networks and issuers of digital assets occur in real-time. The evidence of such changes is exposed to the public in real-time but lack the contemporaneous relevant explanation, context and disclosure from a regulatory perspective.

Decentralized Continuous Audit & Reporting Protocol Ecosystem

Auditchain is a decentralized accounting, reporting, audit and analysis metaverse that automates and provides proof of assurance on the world’s financial and business information. They aim to incentivize and move the institution of accountancy toward complete automation.

Auditchain enables the world’s accountants, reporting managers, CFOs, controllers and financial analysts to earn royalties through the curation of logic based rules. Non-fungible tokens are issued to curators and royalties are allocated between curators and auditors.

Auditchain powers the new world of decentralized assurance and disclosure. It’s what drives transparency of the modern enterprise from initial certification, early detection and remediation to financial reporting in real time with the highest levels of assurance through decentralized enterprise external validation. Wanna take a ride?

Join the Auditchain Community now!

Website | Telegram | Twitter | Announcements | Whitepaper

Auditchain IDO Details on TrustPad

Token: $AUDT
Network: POLYGON; raise on BSC in BUSD
Total Supply: 250,000,000 AUDT
Initial Market Cap: $3,975,000
TrustPad Sale Date: 14th December 2021, 12:00 PM UTC

TrustPad Allocation: $200,000
IDO Price: 5 AUDT per 1 BUSD
Vesting: 10% at TGE, then Equal Distribution per day for 365 days
Token Listing Date: TBA (December)

How to participate with TrustPad

Check out the Auditchain’s pool page here.

TrustPad uses a Levels System to determine the amount of guaranteed allocation a participant is entitled to. These levels start from 15k TPAD being staked in the IDO staking pool and can go up to 185k TPAD. The multiplier assigned to each level calculates how much allocation is provided per a base allocation, which is set once the registration period closes shortly before the start of the raise.

There are also lower lottery levels, starting from 3k TPAD which give you a much higher chance of obtaining an allocation when compared to the public whitelist.

You can review and stake into the Levels by clicking here.

Getting TPAD

The TrustPad site also has a ‘Buy TPAD’ button at the top which will send you to PancakeSwap to swap for TPAD. The User Interface of PCS sometimes doesn’t feed through the contract code, so manual searching is often required.

You may need to manually search for the TPAD contract: 0xADCFC6bf853a0a8ad7f9Ff4244140D10cf01363C

If this is the case, click on ‘Select a currency’ and paste the contract to the search bar, then select ‘TPAD’ once it pops up.

Staking TPAD to access the IDO

Once you’ve got some TPAD in your wallet, stake in Levels page by completing the following steps:

  1. Approve the interaction.
  2. Stake number of TPAD you want to stake.

Once the pool page opens for Auditchain, make sure to register for the IDO so you get your spot secured.

LP Staking access

You can also access the IDO by staking in the LP staking pool which can be found here.

The Level you have achieved can also be seen on the Levels Page noted above once you have staked.

Registering for the IDO

As mentioned, you will need to register for the IDO to be eligible.
To do so, make sure to register on the Auditchain Pool Page:

https://trustpad.io/pool/auditchain

Participating in the IDO

Once the Raise is Live, guaranteed allocation round will last approximately six (6) hours, followed by an FCFS round which is only for TPAD stakers and whitelisted wallets. You need to complete three steps to participate:

  1. Head to https://trustpad.io/pool/auditchain.
  2. Approve interaction.
  3. Send BUSD.

Public Whitelist

The Public Whitelist is where non-TPAD stakers get the chance to participate in the IDO. Recently there have been over 250,000 participants and over 22m entries in the whitelist, meaning that if you just stake 2k TPAD and register you will be greatly increasing your chances.

The link for the public whitelist will be shared here once it is live, as well as on official channels.

About TrustPad

TrustPad has been founded to aid the growth of the blockchain ecosystem in a safe and sustainable way. TrustPad is proudly partnered with tokenova, Lupa X, GD10 Ventures, BlockSync Ventures, X21 Digital, Meridian Capital, Wealth Union, Twin Apex Capital and 4SV.

TrustPad is different to other launchpads. A ‘quality over quantity’ approach ensures that projects launched through TrustPad have real long term value. This will provide the TrustPad community with sustainable development, attracting a larger community for both $TPAD and the projects launched on the platform.

Join the TrustPad Community now!

Website | Telegram| Announcement | Twitter | Medium

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