Tokenomics

The Tokenomics are essential for AuditOne to create a thriving ecosystem that benefits all stakeholders in the ecosystem.

Note: The token ($AUDIT) has been airdropped and "fairlaunched" within the community without any pre-sale.
auditone token illustration

Bootstrapping
Auditors

A strong tokenomics system is vital for attracting and retaining skilled auditors, the backbone of AuditOne. Offering additional rewards builds a motivated network of auditors driven by $AUDIT's long-term growth prospects.

Alignment of economic Interests

Implementing mechanisms to ensure that the platform's success benefits all stakeholders, including auditors, clients, partners and the community overall.

Incentivizing Repeat Customers

By emphasizing $AUDIT, AuditOne can incentivize token locking by offering discounted audits and free access to premium tools, fostering client commitment.

Fostering Network Effect

As more auditors and projects join the ecosystem, the demand for the token increases, fueling the platform's growth and success.

Enhancing Platform Utility

The introduction of a native token allows for the creation of various use cases and value-added services within the platform. For instance, tokens can be used to access premium features.

Risk Mitigation

The introduction of the token also serves as a risk mitigation tool since $AUDIT-holders carry some counterparty risk in the event of an exploit.

$AUDIT Token

The token supply and distribution of $AUDIT are designed to ensure a fair and balanced allocation that supports the platform's growth and development. Explore the utility and use cases of the $AUDIT token in the following video.

Development Roadmap

H1 2024

Token economy going live through airdrops

Piloting AI-system audits

AI smart contract audit tool

Automation of more audit operations

Development of the coverage pools

H2 2024

DAO introduction (voting of token holders for community treasury, & auditor committee)

On-chain coverage pools going live

More audit tooling (tba)
Token economy going live through airdrops & staking
When we’re done with the idea, we move towards to prototyping. At this step, we implement all your instructions and requirements to the product prototype. You’ll see in detail how everything will look like when the product is released.
Piloting AI-system audits
We understand that every business is unique, and so are its needs. The discovery stage is where your needs and requirements are articulated. Then our professional team begins the research process, deep site analysis.
AI smart contract audit tool
We begin the design process with well-thought-out strategic planning. Our specialist will define your specific business objectives, organize the content so that to meet the needs of your potential clients, visitors, or buyers.
Automation of more audit operations
This is the final stage of the website design process. Once you are satisfied with the approved design, we start testing it for possible bugs. We check your website on its features, test it internally and on various devices and browsers to make sure nothing’s been missed.
Starting development of our coverage pools
Our expert designers work with you to get the right picture of your new website and to consider all the wishes and requirements. This process includes diverse approvals, tests, reviews, and close communication.
DAO introduction (voting of token holders for community treasury, & auditor committee)
Our expert designers work with you to get the right picture of your new website and to consider all the wishes and requirements. This process includes diverse approvals, tests, reviews, and close communication.
On-chain coverage pools going live
Our expert designers work with you to get the right picture of your new website and to consider all the wishes and requirements. This process includes diverse approvals, tests, reviews, and close communication.

$AUDIT Utilities

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Buy in-depth review focusing on market potential, tokenomics, and security with the $AUDIT token.
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Interested in our Token?

Win XP to exchange for tokens.
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Aug 22, 2024 10:28 AM
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May 31, 2024 12:00 PM
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FAQs

FAQs

Why do we use Tokenomics?

Tokenomics helps us in achieving business goals and creating a thriving ecosystem that benefits all stakeholders in the ecosystem.

What is $AUDIT Token?

The $AUDIT token is the core economic unit of the AuditOne ecosystem. The token accrues value through different mechanics. E.g., whenever an audit is completed, a part of the cost is funneled into the circular token economy and is being distributed to holders of our community into vested stakeholders that economically benefit from the growth of the AuditOne platform ecosystem.

Is $AUDIT Token compliant with all relevant regulations?

The $AUDIT token is launched through an entity inside Europe and is fully compliant with all relevant regulations. A positive legal opinion concerning compliance of the $AUDIT has been drafted by leading crypto lawyers.

Which chain is $AUDIT Token based on?

Currently: L1, IOTA, and later: ETH

What are the functions of $AUDIT Tokens?

Bootstrapping auditors, incentivizing repeat customers, enhancing platform utility, risk mitigation and fostering network effect.

I'm neither a Client nor an Auditor, can I get the Tokens?

You are welcome to join our community and take part in such activities as Quests, Quizzes, and Challenges where the winners are usually awarded either $AUDIT Tokens or Community Points that can be exchanged for $AUDIT. Alternatively, you can join our fair launch.

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