User Review( votes)
During the crowdfunding period, participants are able to accumulate cryptocurrency or ITO Utility Tokens by making a non-tokenised or tokenise pledge to the ITO. Pledges are extensively tracked in real-time using the ITO Ledgers to validate the authenticity of each transaction, while incentive accumulations are autonomously made available to participants until the pledge duration has been fulfilled or the tokenisation stage begins.The progress of the crowdfunding period is algorithmically determined by the incentives accumulated from pledges by participants, capped at 58% of the total pledges. Once the accumulation cap has been reached, all remaining accumulations are tokenised and distributed using the ITO Utility Token [IUT] Smart-Contract. This process is referred to as “Tokenisation”.
This is what it says on Superaud.com website:
The SuperAUD Stable Utility Token is used as the primary instrument for all open markets on the SuperBridge HEX, allowing traders around the globe to speculate the Australian fiat value of all utility token listed on the exchange in a high throughout and real-time environment. SAUD is tied directly to the Australian dollar and backed by Australian traders who have used their self-managed superfund (SMSF) to purchase utility tokens in the SuperBridge HEX.
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