Auroca White Paper Ver. 1.6
  • 1. Introduction
  • 2. Value Proposition
  • 3. Technology Overview
  • 4. Tokenomics
  • 5. Legal and Compliance
  • 6. Auroca Token Utilities (AURC)
  • 7. Roadmap
  • 8. Risk Management
  • 9. Disclaimer
  • 10. Glossary of terms
Powered by GitBook
On this page
  • Mission and Vision
  • Community Governance
  • Key Values

1. Introduction

Mission and Vision

Auroca is on a mission to explore, develop, introduce and promote the use of Asset-Referenced Tokens (ARTs). Utilizing new technologies, it shall deploy the Governance Interface, which shall introduce and promote Asset-Referenced Tokens (ART), primarily RWA-based.

The DAO shall explore and utilize known methods and technologies that promote transparency, trust, and credibility using the public blockchain. The Auroca DAO shall aspire to introduce 100%-backed, Asset-Referenced Tokens under the relevant regulations. Through these efforts, the Auroca DAO strives to inspire people all over the world to subscribe to the Auroca Vision, which aims to introduce 100%-backed ARTs, primarily designed to promote on-chain inclusivity and its ecosystem growth.

To increase awareness for Asset-Referenced Tokens and promote its ecosystem growth, the Auroca DAO may engage in the following activities:

  1. Educating and Promoting Awareness to its Mission.

  2. Endorsing and Promoting innovative projects.

  3. Deploying Smart-Contracts on the Blockchain.

  4. Overseeing and Managing the DAO treasury.

  5. Build Strategic Partnerships and Engagement.

  6. Intellectual Property Management.

  7. Community Events, PR and Marketing.

  8. Promoting the integration of ARTs into existing DeFi and blockchain ecosystems.

  9. Develop decentralized on-chain protocols and dApps.

Community Governance

The Auroca association shall deploy a decentralized governance protocol (DAO) and issue the Auroca Utility Token (AURC).

AURC token sole purpose is to grant its holders access to the Auroca Interface, enabling them to become community members and access to exclusive features as described in this document. AURC token is not an Asset-Referenced Token nor a Payment token to acquire Asset-Referenced Tokens.

Through the DAO Interface, members may participate in the pursuit to introduce Asset-Referenced Tokens under a regulatory framework.

To ensure its longevity and sustainability, the DAO shall obtain legal advice to confirm that the tokens introduced comply with a regulatory framework. The DAO shall primarily focus on propositions concerning RWA-based, ARTs and innovative decentralized technologies that may drive ARTs adoption. The Auroca DAO shall refrain from proposing or promoting tokens that promise quick profits, or any other deviation from its core mission.

Key Values

Empowering ARTs adoption stands paramount, alongside an unwavering commitment to promote transparency, trust, and credibility. The community shall forge alliances with partners who share the same dedication to blockchain transparency and innovation, possess a similar vision, and have the ability to grow the ecosystem while adhering to regulatory framework.

Next2. Value Proposition

Last updated 2 months ago