It must come to no surprise to anyone who’s familiar with the crypto-world that new coins emerge all the time. Currently, there are around 900 (and counting) cryptocurrencies in the market with Bitcoin remaining as the gold standard.
Aureus is a unique cryptocurrency that aims to empower holders by giving them a chance to earn dividends in the form of Bitcoin. It sets itself apart from the hundreds of alt-coins by being the first digital currency to be backed by a Bitcoin reserve and also issues dividends.
Aureus was initially introduced as a token from a previously failed community lending program called BitKingdom. After the demise of the aforementioned organisation, the remaining community pooled together their remaining assets (15,000 BTC) and unanimously decided to invest in their token by turning it into a real thriving cryptocurrency.
The community would have incurred too many losses from liquidating their remaining Bitcoins, plus they saw a real value in Aureus.
Since there was already a modest supply and an immense demand for Aureus, the strategic plan was set in motion on how to best proceed with what some may deem as a byproduct of what was a failed pyramid scheme. Therefore, a trusted group of financiers, technicians, and legal advisors were formed as a team to manage Aureus with the utmost integrity and transparency from then on.
Every activity and action since then have all been duly recorded and announced on all the official Aureus social media platforms. The management aims to improve their service to serve the remaining community better continually.
Yes, in a manner of speaking, as it was first introduced as a token in that community.
However, BitKingdom has since then dissolved, and Aureus is, by no means, attached to the unfortunate downfall of BitKingdom. It continued on as a cryptocurrency after the events from BitKingdom.
The management since then has been changed and so has the structure of the ecosystem.
The community leaders were citizens left behind from BitKingdom who held a majority of the shares and had the most influence over the rest of the members. Therefore, they were the top decision makers who all unanimously agreed not to liquidate their assets and to focus on making Aureus a global phenomenon.
Upon the decision not to liquidate, the community leaders hired a trusted and experienced financier for a solution. The principal partner of Cryptocrest, Adimus Putera Mustafa, alongside the technical expertise of Arsyan Ismail and Dana Coe (also the founder of BitLox) decided to come together and work on Aureus.
From then on, the Cryptocrest team have partnered up with the legal teams of Naqiz & Partners, as well as Selachii DAA who served as the custodian of the Bitcoin reserve which consisted of 15,000 BTC. It was officially named the Aureus Bitcoin Trust (ABT). The first decree that was sanctioned by the newly formed management was to give the community a chance to hold democratic elections.
In October 2017, after a vote was held, the majority of the Aureus members voted to have the ABT fund liquidated which was proportionately distributed to all members.
Before the ABT was liquidated, the Aureus community was awarded 15,000 BCH due to the August fork. Therefore, Aureus owners are still able to collect monthly BTC dividends through numerous activities including the conversion of 700BCH to BTC.
No. Aureus is decidedly a pre-mined currency to ensure faster transactions. One of the best features about Aureus is that it also has fewer fees and this is because we do not need to compensate miners.
Yes. The supply of Aureus is fixed at 21 million AURS and will be distributed over the course of the next three years on a Blockchain that is similar to Bitcoin’s.
Those that remained from the community are the current primary users of Aureus. They help to generate the demand for it by using it in the real-world economy. We also encourage new users to sign up and also take part in our monthly dividend distributions.
AureusCentral was created exclusively for those migrating out of BitKingdom. It serves only the members that remained after BitKingdom while Aureus.cc is open to the public and is where individuals can complete their Proof-of-Participation.
Do you already have an AureusCentral account? If so, please refer to the support there.
Apart from that, please realise that the whole BTC dividend system was created so that those who were victimised by the failed community lending program can get back their losses by collecting dividends. It is a long process, but it is the most viable and practical solution that we can offer.
The official name of the Bitcoin reserve that backs Aureus was called the Aureus Bitcoin Trust (ABT).
These bitcoins were transferred into BTC exchanges by Selachii, Digital Asset Authority, a trusted law firm based in London with a wealth of experience in legal matters in digital currency industry.
When BTC reached milestones of USD prices ($3,000 and $5,000), a round of voting was carried out on whether or not to liquidate the reserve.
The first vote was held in August 2017 when BTC price reached $3,000. The result was not to liquidate and to continue generating dividends from the ABT.
After a few months in October, BTC reached a staggering price of above $5,000, and another vote was held. An overwhelming majority won by a landslide to liquidate the ABT fund.
The initial reserve of the ABT was 15,000 BTC.
In August 2017 the Aureus community was also awarded 15,000 BCH due to the hard fork. The management decided to set aside the BCH and convert 700 BCH to BTC every month to ensure BTC dividends to all AURS holders for the next 21 months after that.
The BTC dividends are generated by different methods:
Every month, the Dividends Declared fluctuates as it is dependable on the different methods (as listed above) used to generate the dividends. Therefore, there is no fixed supply of the amount of BTC dividends that is produced.
The formula for how we distribute the dividends amongst all Aureus holders is as follows:
You may now purchase Aureus on the C-CEX exchange.
Please stay tuned for our updates as we are currently working to increase the number of exchanges that Aureus is recognised.
You can securely store your Aureus on the Android wallet which is currently available in the Google Play Store. Please stay tuned for our iOS and PC wallets which will be released soon.
Aureus is now available on many social media platforms:
Please note that these are our official pages that our team manages.
The new management team consists of:
Ever since the official launch in April 2017, the Aureus team have expanded their efforts to market the cryptocurrency in a sanguine fashion. The current management was not involved with BitKingdom and have since then operated in a manner aimed to serve the community better.
Cryptocrest provides robust and reliable crypto-financial solutions. They consist of three leaders with excellent business acumen who contribute to the central management of Aureus.
BitLox provides hardware mobile wallets and is also currently working on making a custom hardware wallet for Aureus.
Naqiz & Partners is a firm that is active throughout Southeast Asia and provides legal advice for Aureus.
Selachii DAA was the custodian of the Bitcoin reserve. They are highly regarded in the legal scene in London as they are also the first-ever law firm in the world to get an injunction regarding Bitcoin.
However, upon liquidation of the ABT, they are no longer a strategic partner with Aureus from October 2017.
The 2FA code system was implemented to strengthen our security measures. The 2FA code will be generated on your phone via the Google Authenticator app so that nobody else can log into your account.
Every account should have their own corresponding QR code/16-digit key code to activate and get the 2FA codes on the Google Authenticator app.
We highly recommend that the Google Authenticator app be installed as we can provide better customer service, since our team is familiar with this application, and also it is the only app that our system currently supports.
Currently, only the Android public wallet is available. iOS and PC software wallet will be available soon.
Go to https://play.google.com/store/apps/details?id=cc.aureus.wallet&hl=en or search for Aureus in your Google Playstore to download and use the Android wallet.
Please follow the clear and straightforward instructions on how to set it up.
Please note that it is advisable that you save the 12 phrases and/or export your wallet to a text file or QR code for security reasons. In case of any mistakes (e.g. deleting wallets by accident) the 12 phrases or backup process will be able to let you restore the wallet. Please note that once any errors are made, often they are not reversible.
Please also note that the default wallet type is a multiple address wallet. To ensure you will have a smooth PoP process we highly recommend you to create a single address wallet.
Here’s how it’s done:
You can’t ‘change’ your wallet into a single address wallet. You will have to create a new wallet that has a single address only. What you can do is to create a new single address wallet following the steps mentioned above, and send all your AUR to the new wallet.
You can start getting your Bitcoin dividends by completing your Proof-of-Participation.
We give out dividends to all the Aureus holders who have AURS in their wallet. The more AURS you have, the more dividends you get.
We determine how much AURS you have through a process we have designed called Proof-of-Participation (PoP).
PoP happens at www.aureus.cc. So think of aureus.cc as a smart agent for Aureus, and you’re telling the agent how much AURS you have in your wallet. Therefore, we give you the dividends according to the AURS balance in your wallet, which is why it is important for you to complete your PoP to receive dividends.
Please note that it is NOT where you store your AURS.
You store your AURS in your wallets and tell our system at aureus.cc how much you hold through PoP.
To complete PoP, please read the following instructions carefully as any mistakes made, will lead to some investigation to rectify the errors and it will delay the process of you getting verified to receive dividends.
Only the AURS in public wallets is eligible to receive dividends. Any AURS you want to receive dividends from will need to be in your public wallet. Therefore, we highly recommend that you send your AURS to your public wallet first before completing PoP.
Here’s the step-by-step on how to complete PoP:
For those of you who have a multiple address wallet, please note the following:
If you still want to proceed and use a multiple address wallet for the PoP, then here are the instructions:
Note: if you use this wallet to send to anyone else you will have to do this again. The balance in your wallet will keep getting moved around different addresses every time you use the wallet to send AURS to someone. Try not to use the wallet again once you are all set. Or just create a new single address wallet, and you will not have to deal with this.
In the unfortunate event that you lose your phone or can’t generate a 2FA code, then here’s what you can do:
You will have to log into Telegram and contact our system’s bot. Go to http://telegram.me/AureusCCBot type /start and share your phone number.
You should see a menu like this:
/start – Register phone number
/2fa – Request for 2FA code
/reset2fa – Reset 2FA code
/resetpassword – Reset account password
Proceed to press or type /reset2fa. The system will provide you with a new 2FA secret code. You will need to use the new secret code to establish a new 2fa entry for your account and use the 2fa code from that new entry from now on.
Please note that anything else is not an official Aureus account. So please only follow the ones listed on this website.
To ensure that every member and holder of Aureus gets the best possible customer service, please abide by the following when contacting us at email@example.com
You may contact our PR representative at +41800312633 or directly email us at firstname.lastname@example.org and provide us with a short synopsis of what you do.
We are always on the lookout for great conferences and events to attend. You may contact our PR representative at +41800312633 or just email us at email@example.com and provide us with your brochure, list of sponsorship and speaker available slots.
If you’re interested in collaborating with Aureus on a project, you can just contact our PR representative at +41800312633 or directly email us at firstname.lastname@example.org and please provide us with all the necessary details.