Afri Union Coin

About Afri Union Coin

AUC users can freely purchase and use AUC coins, which will be a new common digital currency in Africa, and Afri Nation Token (ANT), which can be exchanged with AUC at a fixed rate, through exchanges and AUC Wallet. Using AUC remittance service, however, sending money can be done anywhere anytime using mobile devices with a much lower fee.

What will it do?

Payment

AUC has its own AUC-WALLET, a mobile-based application, which can store every ANT issued in Africa and other digital assets. Users can download the application on their mobile devices. AUC-WALLET is provided with enhanced security and convenience features to allow users to easily buy ANT and make online and offline payments with it.

Remittance

If a sender who doesn’t reside in Africa wants to transfer money to Africa, he or she has to personally buy AUC from exchanges using AUC-WALLET. If both a sender and a recipient reside in Africa but in different countries, the sender has to exchange the ANT of his or her country to the AUC before sending it to the recipient. The sent AUC will be exchanged to an ANT of the recipient’s country and given to the recipient.

Exchange

Exchanges will be established in five African countries starting from South Africa in order to use and expand the usage of AUC and ANT. Offline exchanges as well as online ones will be opened across Africa to embrace users who were previously excluded from financial services. It will fundamentally improve the quality of life of African residents who hadn’t benefitted from financial services.

Exchanges

Exchanges will be established in five African countries starting from South Africa in order to use and expand the usage of AUC and ANT. Offline exchanges as well as online ones will be opened across Africa to embrace users who were previously excluded from financial services. It will fundamentally improve the quality of life of African residents who hadn’t benefitted from financial services.

Media

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Distribution

Distribution

Sale
50%
Reserve
20%
Core
17%
Bounty
13%

Budget plan

Business infrastructure
45%
Development
30%
Operations & Marketing
25%

Founder

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Block A 1st Floor, Edenburg Terraces, 348 Rivonia Blvd, Rivonia 2128 Johannesburg - South Africa

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