Base on Voting Result that was held by AUREUS on its website aureuscentral.com and aureus.cc, Aureus --which was formerly named BitKingdom (www.bitkingdom.com)--will distribute back 15,000 Bitcoin (BTC) to its Members.
The Voting was held on October 16th with to options To Liquid BTC (A) or Against it to keep the ABT (Aureus Bitcoin Trust) in Cryptocurrency Market (B).
As has predicted before, most of the member Vote for A. They were disappointed and assume for non-transparency of the Aureus leaders in managing their assets, of 15,000 BTC which is forcibly converted from Bitkingdom coin to Aureus coin unilaterally, or not giving them another choice, at that time.
In fact, openly, by the time the voting plan is announced, the Bitkingdom Community of Malaysia declared to vote option A. [Image]
The complete result has announce by Aureus as shown below:
ATTENTION!!
The voting results are in:aureuscentral.com:
2,350,047.7607 votes for liquidation
752,446.7893 votes against
Aureus.cc:
1,364,680.3623 votes for liquidation
393,144.2464 votes against
The Aureus Bitcoin Trust will be liquidated!!
In responding to the voting results, Aureus then issued its official announcement on 10/19/2017, as follows:
The ABT has been dissolved and the 15,000 BTC will be distributed proportionately to all Aureus owners
Announcement: liquidation of ABT
In anticipation of the liquidation of the Aureus Bitcoin Trust, all voting and account activities at both aureuscentral.com and aureus.cc will stop this Friday at 11:59pm GMT+7 (Vietnam local time). BTC will be distributed within 5 working days from deadline.
Aureuscentral.com:
All pledges will end at deadline and accounts will be credited with its capital and profit. Users do not have to do anything. Just wait for liquidation and BTC will be credited to each user’s account upon liquidation.
Aureus.cc:
All AUR that has completed the Proof of Participation (POP) process are eligible for BTC. Just wait for liquidation and BTC will be credited to each user’s account upon liquidation.
C-Cex and Android wallets:
We highly encourage all users to move their AUR from c-cex.com to their mobile wallet and complete the POP process. Users who haven’t completed their POP process please do so as soon as possible. POP process will stop when the distribution start (within 5 working days from the deadline).
Or refer to this link: http://aureus.cc/2017/10/19/announcement-liquidation-abt/
Right now, no less than 70,000 members are waiting for the Aureus to keep their promise to immediately liquefy their capital and profit in form of bitcoin.
Here is the announcement from Aureus :
Aureus - BitKingdom Overview
Aureus is a digital cryptocurrency such as bitcoin, litecoin and many more. Initially Aureus is formed by Bitkingdom Leaders (a Bitcoin Trader Community) to compete Bitcoin hegemony, but on the way they fail, due to in-transparency and inconsistency attitude of the leaders, resulting in loss of trust from members of the community.
Members were promised to get a high price during pre-booking, but when aureus was launched instead, It's far below pre-booking price.
To be known, each member who was booking Aureus at that time get a variety of prices. The pre-booking price were $350, $380 and $410 per 1 AURS (or 1 AURS = 1 BTC) at that time, but when the AURS (Aureus) issued, it was counted only 0.001 BTC/1 AURS to each member's wallet.
Here is the complete info :
Most of the users who are expressing their dissatisfaction with Aureus recently are from the failed community lending program called BitKingdom (BK). Aureus is not, by any means, a "get-rich-quick" scheme like BK. BK was a community lending program that paid monthly returns of 30% which eventually depleted all its capital. In the aftermath, community leaders did not flee to new programs; they stood by their victims and searched for solutions with the remaining 15,000 BTC.
In December 2016, they appointed us, a new management team called Cryptocrest to offer a sustainable solution. We analysed BK's remaining ecosystem with a group of experienced financiers and technology consultants who are known experts in their respective fields. The resulting strategies and decisions implemented were not made on a whim but were meticulously put together after months of planning.
We made Aureus into an actual cryptocurrency (it was merely a token denomination in BK) that is the first to issue Bitcoin dividends and backed by the 15,000 BTC which is now known as the Aureus Bitcoin Trust (ABT). We manage the ABT but it ultimately belongs to all Aureus owners.
Consequently, these owners can decide whether to liquidate the ABT via a voting mechanism. A simple majority will result in all Aureus owners receiving the ABT proportionately. Currently, we are doing our best to promote the Aureus and build up its reputation globally. All our activities so far have been duly recorded and posted on several online platforms: Bitcointalk, Facebook, Twitter, and our official website.
We make no promises on grand investment returns or ask that the former BK members 'invest' more money. There are no uplines, downlines, pyramid scheme structures and ridiculous returns on investment. Expecting a constant return monthly will likely cause you to fall for a Ponzi scheme. No real businesses can promise you this. Even the famous Madoff investment scandal back in 2008, that was 'merely' giving 12-15% returns yearly, was clearly not sustainable and ended up swindling billions of dollars.
Source: https://www.facebook.com/notes/aureus-team-malaysia/aureus-team-malaysia-atm/725243844338562/
Today, aureus has indeed officially entered the digital currency market (Coin Market Cap), but the price is still very far from what was promised and the expectations of Bitkingdom's (ex) members. Here's the recent chart of Aureus on Coin Market Cap :
A member of the community, Augustine Leong in responding a post of The Aureus Community Official Facebook Page said :
Voting has completed but the votes still increasing..Aureus management Team..what the fuck in going on..
If we refer to the last announcement of the Aureus, they will return its community fund not late than 5 days after the voting result out. It's mean, "the determination day" will be dated on Wednesday (tomorrow).
Now, the question of the members is, how much of their funds will be returned by aureus, whether in accordance with the capital they have invested?
External link: https://bitcointalk.org/index.php?topic=1865911.msg23268608
