In traditional asset management, only the price of the asset varies — the volume of assets in your account remains unchanged. With the AuBit network-enhanced model, however, your asset volume grows over time, too, from ongoing trading and service revenue redistributions.
*Simulations are not real-world results and do not guarantee future results. AuBit-networked products are not publicly available at this time and no claims are made regarding actual product performance.
When an AuBit-networked product is traded, 80% of product-related transaction revenues are automatically redistributed back to every product holder.
For example, if you were to hold an AuBit-networked gold bullion product, your gold holdings would increase every time anyone, anywhere in the world, trades that AuBit-networked gold bullion product.
In traditional asset management, the gold in your account would remain unchanged. With the AuBit network-enhanced model, your gold would grow over time as a result of ongoing redistributions of gold-trading revenues, for greater total returns with no extra risk.
AuBit bridges the old world of finance with the latest DeFi and digital finance tech to dramatically reduce operational costs — allowing for the redistribution of 80% of product-related revenues — and generating additional AuBit-networked growth for its users.
Unlike simply reducing fees, redistributing revenues creates network effects*, opening the door to big-tech-like exponential growth as users could see greater total returns not available anywhere else.
*Network effects occur when increasing user adoption increases the value of the products or services on a platform which in turn causes exponential platform growth.
Facebook and Google combined online social connection and access to instant information with highly targeted paid advertising, Apple monetised its user base with the iPhone, iTunes and the App store.
The $89 trillion USD asset management industry continues to grow each year but hasn’t changed in decades. Buying assets, like gold, stocks and bonds, has never been efficient, seamless and fully accessible to everyone. AuBit seeks to change that.
If you would like to participate in the Alpha, please register your interest.
AuBit’s management team and advisors have worked at some of the largest financial and technology companies in the world including Goldman Sachs, HSBC, Fidelity, Credit Suisse, Morgan Stanley, IBM, Google, and The Prudential.
AuBit has not sought permission for using the above third-party trademarks (including logos and icons) which remain the property of their respective owners. Their use does not indicate any relationship, sponsorship, or endorsement between AuBit and the owners of these trademarks. All references by AuBit to third party trademarks are intended to constitute descriptive fair use under applicable trademark laws to describe the AuBit management and advisor team members’ past employment positions at corporate entities controlled by the owners of these trademarks and are used for informational purposes only. For more information, see https://www.inta.org/fact-sheets/fair-use-of-trademarks-intended-for-a-non-legal-audience/
Conceptualised & developed AuBit; an economic systems architect ranked as a top FinTech expert globally.
Codified AuBit’s structures & architecture; A specialist in establishment, management, and processes with 20 years in senior leadership roles.
A successful entrepreneur with a number of successful exits in telecoms and natural resources.
A former Prudential and Aon executive, who set up and managed Prudential’s USD 75 billion APAC portfolio.
Multi-award winning designer of leading edge fintech platforms utilising deep AI, IoT, blockchain and payments integration tech.
An international operations development specialist, formerly Unilever, Carlsberg, and Danone.
Researcher at Southbank, and author of Crypto Revolution and Cryptocurrency and the Future of Money
An M&A and capital markets adivsor, formerly at Deutsche, Goldman Sachs, HSBC and Lazard & Co.
Leading regulatory lawyer who has worked with FCA, Bank of England, Dubai and Malta to shape digital asset licensing.
Former leading content writer and strategist for Agora Financial with extensive experience in FinTech marketing.
Fintech & blockchain community manager and strategist, formerly Celsius, Fetch.ai and Agrichain.
Sales and marketing professional, specializing in in business development, growth and scale-up strategies for young businesses.
Veteran fintech UX/UI architect and visual design expert. Formerly Wells Fargo and Morgan Stanley.
Leading media content director with projects recognised at the Digiday Media Awards Europe and CIPR Awards.
A top 10 global economist (with a PHD in Economy), best-selling author, and CIO at Tressis Gestión and formerly at PIMCO.
Founders start the project
The name is chosen, Au as the chemical symbol for gold and Bit to denote our digital focus, combined AuBit, to mean the gold standard in digital finance.
Ideation and Proof of Concept building begins
Legal work begins regarding regulatory considerations.
Core Team and Advisors Added
Ideation, Refinement and Development continue
$1m Early Seed Equity Round Completed
Proof of Concept Developed
AuBit Freeway Platform and Freeway Trading App Developed
Regulatory and Corporate Infrastructure Finalised
Cryptoasset Entity Registered with the UK FCA
$1.5m Late Seed Equity Round
AuBit Chain Testnet
AuBit Chain Mainnet
AuBit-Networked Product 3rd Party Trading Venue API Released
AuBit Network Partner Protocol
AuBit Network Opened to 3rd Party Brokers, Asset Managers, Custodians and Trustees