TI Rating Report - AuBit
PROJECT INTRODUCITON
AuBit is a centralized asset management platform that relies on network effects to increase investor returns. The Network Effect is that the user's income from a certain service depends on the number of users using the service, which means that as more users join, the value of the network becomes higher. AuBit introduces the network effect into fnance by redistributing 80% of transaction fees and product-related revenues back to all product holders. Except that the value of assets will change with the market, AuBit will continue to purchase the same assets with the redistributed income, increasing the number of assets in the user's account. According to AuBit's calculations, under this mechanism, users could get as much as 75% additional gains per year above the market benchmark. The redistribution work is performed automatically by AuBit Edge Protocol. In addition to digital assets, AuBit also plans to introduce real assets including stock, bonds, commodities, and other fnancial products.
Freeway trading platform and app will provide the access to AuBit-networked products. And users need KYC to get into the Freeway platform.