I. Project Overview
1. What is Aura Network?
Aura Network is a layer 1 blockchain platform built on top of the Cosmos ecosystem and focused on expanding the use of NFTs in various industries worldwide. The vision of the project is to create a platform that has all the necessary elements so that NFT creators can freely create quality collections, as well as NFT traders, can easily learn, trade and track market data.
Therefore, AZDAG has decided to invest in Aura Network to promote the development of this future platform. Through the seed round, Aura Network has successfully brought in a total investment of up to 2.5 million USD. And with our resources, AZDAG fund will stand with Aura to bring NFT to the next level!
2. Aura’s outstanding features
- All NFT-related activities can be completed on a single Aura Network platform, saving NFT creators and traders less time and effort in the creation and trade of NFTs.
- Aura Network is an efficient multi-chain solution that maximizes the usability of NFTs. It solves the platform’s scalability issues, avoiding fragmented chains or fragmented Layer 2 systems.
- Aura Network is trying to build a whole NFT infrastructure towards the goal of bringing NFT on-chain to the ultimate metaverse worlds like Decentraland, Meta.
3. Team and Advisory Board
3.1 Team
- Giang Tran: Founder of Aura Network, he is a member of the technology board of Forbes, is a former Founder of akaChain and has led many successful start-ups.
- Yamato Tran: Co-founder of Aura Network, he is the former COO of FPT Software
- Steve Nguyen: Co-founder of Aura Network, he is the former CIO of Unilever and Masan Group
- Osamu Suzuki: Head of Global Business Aura Network, he is a former Senior Consultant at DX
- Long Nguyen: CTO Aura Network, graduated from Aalto University and Université de Lorraine in Security & Privacy, he has experience in building many blockchain systems since 2018.
- Thu Tran: COO Aura Network, she is a former leader of marketing team and partnership at a Southeast Asian IT company.
3.2 Advisory Board
- Mr. Truong Gia Binh: Founder and Chairman of FPT Corporation
- Vinh Nguyen: Founder and CEO of Coin98
- Thanh Le: Founder Coin98 Finance
- Frank Bignone: Former VP and Head of DT Airbus
4. Backers and Partners
Aura Network has received many cooperations and investments from big names such as Coin98 Ventures, FPT, Kucoin Labs, MECX Pioneer, Gate.io labs, GBV…
Besides, the AZDAG fund also invested in Aura Network’s $2.5 million seed round.
II. Token Overview
1. Aura Token and Aura Coin
1.1 Aura Token
Prior to Mainnet launch, Aura Network first introduced Aura Token on BNB Smart Chain. This token acts as a placeholder for the Aura Coin that will be introduced when the Aura Mainnet launches. Like other BEP-20 tokens, Aura tokens are freely tradable in the cryptocurrency market.
1.2 Aura Coin
Aura Coin is the coin that will be introduced when Aura Mainnet launches.
Use case of Aura Coin:
- Staking and receiving rewards
- Project governance
- Transaction fees
- Trade and swap
2. Token Allocation
Total supply: 1,000,000,000 tokens
- Ecosystem Growth: 20% (200,000,000 tokens)
- Strategic: 10% (100,000,000 tokens)
- Private sale: 5% (50,000,000 tokens)
- Strategic Reserve: 5% (50,000,000 tokens)
- Public Distribution: 5% (50,000,000 tokens)
- Foundation Reserve: 10% (100,000,000 tokens)
- Team: 20% (200,000,000 tokens)
- Block Rewards: 25% (250,000,000 tokens)
3. Wallet
Coin98 wallet.
III. Roadmap
. 11/2021
- Whitepaper
- Foundation
. Q1-2022
- Strategic Round
. Q2-2022
- Aura Testnet
- Smart Contract & DAPP SDK
- Aura Playground
- Aura Explorer
- Aura Multi-Sig Safe
. Q3-2022
- Aura Mainnet
- Governance Tool
- Integrate with C98 ecosystem (Wallet, Marketplace)
- IBC enablement for native token
. Q4-2022
- NFT games support
- First NFT use case – NFT fan token
. 2023
- IBC enablement for NFTs
- First Metaverse Integration
- Enterprise blockchain collaboration
- NFT games launch