[F.A.Q.] part 2

We picked out for you the most frequent questions about the AIDUS Project

AIDUS
3 min readDec 6, 2018

❓What does AIDUS symbol mean?

The word AIDUS stands for the ‘AI (artificial intelligence) + Sidus (star-in Latin)’, symbolizing the best of the global asset management market.
The symbol of the AIDUS Coin is ‘AID’ and is a token based on ERC20.

❓ What function of Smart Contracts?

The basic function of SMART Contract in terms of fund contract is the storage of data. The data includes information about the contracted fund, funding amount, fund contracting party information and fund schedule.

❓ What is a Token Sale?

It is a new form of funding by selling a new cryptocurrency to raise funds for product development. The Token Sale participants send cryptocurrency to a source, and the entity that carries out the Token Sale allocates a certain quantity of the Tokens to participants.

❓ What is an ERC20 Token?

ERC is an abbreviation of ‘Ethereum Request for Comment 20’ and is a standard specification for ensuring the compatibility of the Tokens that can be distributed on the Ethereum network (blockchain). The ERC20 Tokens must support the attributes of the Smart Contracts.

❓How to distinguish scam project from the real one?

First of all, you should read White Paper carefully. It will help you to understand the meaning and mechanism of project clearly. Next, which is important-check an official site of this Project. There would be introduced the team members and basic sponsors. And, of course, check official Telegram Chat Room and social media channels of this Project.

If you have any questions, please send it to one of our official channels:

※Telegram Chat Room operating time※
GMT: Mon. 00:00 — Fri. 24:00
USA (N.Y.): Mon. 19:00 — Fri. 19:00
Korea: Mon. 09:00 — Sat. 09:00
Japan: Mon. 09:00 — Sat. 09:00
China: Mon 08:00 — Sat. 08:00
Singapore: Mon. 08:00 — Sat. 08:00
Hong Kong: Mon. 08:00 — Sat. 08:00

Keep paying attention on AIDUS Project!

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AIDUS

AIDUS is a decentralized platform established upon the Ethereum network to serve as a professional asset management platform. Official website https://aidus.io