Firstly, what is pension funds? To have a full knowledge of the concept of this platform, you have to know what pension fund is. According to wikipedia, A pension fund,“also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds in 2005, Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about $6 trillion in assets”. Recent years have witnessed intense pension reform efforts in countries around the globe, often involving an increased use of funded pension programmes managed by the private sector. These funded arrangements are likely to play an increasingly important role in delivering retirement income in many countries and privately managed pension assets will play an increasing role in financial markets, notably as a source of long-term savings.
Now here is Auctus, a platform aimed to improve the pension market and also prevent fraud by using intellectual contracts. The main problems that affect the platform are: refusal to pay contributions, misappropriation of investment assets, abuse of office, renunciation of benefits, manipulation of financial statements which is the reason why auctus is here.
What is Auctus?
Auctus Project was created with the mission of improving the pension market by increasing transparency and reducing operational costs as well as eliminating common management issues such as corruption, fraud, bribery and bureaucracy as discussed earlier.
Benefits/ advantages of investing in auctus
- Transparent structure of commissions, the absence of hidden commissions.
- Full transparency allows you to make more deliberate decisions than non-public Pension funds.
- Fully automatic process and low cost of services.
- The activity of the Auctus Pension funds is easily verifiable and verifiable.
- Faster and easier financial part.
- Various functions with transparency.
- Different investment profiles.
- PF Auctus is resistant to fraud.
- Total sum of conclusions and transfers.
- Transfers to other Pension funds
- Faster / more convenient payments.
About token sale and distribution
From 3rd to 6th October 2017, pre-ICO tokens of the Auctus-AUC platform pass.The price of the token is 2500 AUC / ETH (25% bonus).The minimum fee is 400 ETH.
From 14th to 28th October , ICO will be held . The minimum amount is 15,000 ETH . The maximum amount is 90,000 ETH. Only ETH are accepted. Price of the token: 2000 AUC / ETH. The maximum amount per person is 10 ETH. Bonus: 25%.
Useful links to Auctus:
official webpage: http://auctus.org/
facebook:https://www.facebook.com/AuctusProject
twitter: https://twitter.com/AuctusProject
slack: http://slack.auctus.org/
ANN thread: https://bitcointalk.org/index.php?topic=2059117.0
telegram: http://t.me/auctusproject
My bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1048662
My Youtube channel: https://www.youtube.com/channel/UCoKb8l6T6TN3dk9_9CvTnvw