1. What is AUC?

AUC (Auctus) is a cryptocurrency based on blockchain technology, primarily used on the Auctus platform, which is a one-stop investment management platform aimed at providing global investment services for retirement savings users. The main features of AUC include:

1. Purpose: The fundamental purpose of AUC is to provide a results-oriented, transparent, and low-cost structure that aligns the interests of both human and robo-advisors with the goals of savers.

2. Use Cases:

3. Financial Experts: Financial advisors can earn AUC tokens by providing specialized press releases, portfolio recommendations, real-time chat, or telephone support.

4. Third-Party Robo-Advisors: Third-party robo-advisory service providers can earn AUC tokens by offering customized investment strategies.

5. Retirement Planning: Users can set retirement goals, choose investments, and obtain optimized portfolios via the Auctus platform.

6. Technical Features: AUC employs distributed ledger technology to track and record each transaction, eliminating the need for traditional banks or financial institutions as intermediaries, making transactions more efficient and cost-effective.

7. Security: AUC ensures transaction security through encryption algorithms, preventing fraud and tampering.

8. Investment Value: Holding AUC tokens allows users to participate in the Auctus ecosystem, enjoying various rights and returns.

In summary, AUC is a cryptocurrency based on blockchain technology, designed to provide users with a secure, transparent, and reliable trading environment, particularly offering global investment services for retirement savings users.

2. Who founded AUC?

The founder of the AUC (Auctus) cryptocurrency is Raphael Vantroost. Auctus is a smart contract-driven retirement planning platform designed to provide users with a diversified investment portfolio, including traditional asset classes and cryptocurrencies.

3. Which venture capitals invested in AUC?

Based on the provided search results, it is not possible to directly ascertain which venture capitals invested in the cryptocurrency AUC, as these results primarily pertain to stock issuance information from Shenzhen Yisou Tianxia Technology Co., Ltd., eToro's cryptocurrency trading services, and the development of digital asset infrastructure. However, here are some possible relevant insights related to cryptocurrency investments:

1. VC Magic Mirror and GL Silver Capital: Institutions like VC Magic Mirror and GL Silver Capital are involved in cryptocurrency-related activities within the Zhongguancun Blockchain Startup Park in Beijing.

2. eToro: Although not a traditional venture capital, eToro offers cryptocurrency trading services, including products like CopyFund, which may have attracted the attention of venture capitals and other investors.

3. Digital Asset Custody: Deloitte's report highlighted the importance and growth of digital asset custody, which may involve the participation of venture capitals and other investors.

Overall, the information provided does not directly answer which venture capitals invested in the cryptocurrency AUC, but it offers some contextual background related to cryptocurrency and digital asset investments.

4. How does AUC operate?

AUC cryptocurrency (Advanced United Continent Project Token) is a decentralized digital currency based on blockchain technology. Here are its main characteristics and operational methods:

1. Decentralization: AUC does not rely on any central financial institutions or government support, with transactions conducted through distributed ledger technology.

2. Anonymity: Transactions using AUC maintain anonymity, without disclosing any personal information.

3. Security: Thanks to the technology of blockchain, transactions are very secure. The blockchain is a public distributed ledger where all transactions are public and can be verified through the network.

4. Limited Supply: The total issuance of AUC is finite, making it a scarce resource and increasing its value.

5. Use Cases: AUC can be used for trading, staking, payments, and more. Users can benefit by buying low and selling high on exchanges, or earn returns by staking AUC or lending AUC through other financial methods.

6. Token Economics: The total issuance of AUC is 6,000,000,000 tokens, with a maximum issuance also at 6,000,000,000 tokens. Its circulating market capitalisation and fully diluted market capitalisation can be checked on relevant exchanges.

Overall, AUC is a new type of cryptocurrency featuring innovative technology and novel applications, possessing vast market potential and development space.