AUTZ Cryptocurrency, Designed to Help Those with Autism

AUTZ Token Introduction overview

People with autism often live their lives behind a shrouded veil, cut off from opportunities and appropriate support. While we do not often hear about it in the media, the disorder is more prevalent than we think. According to the Center for Disease Control and Prevention, one in 54 children in the US was diagnosed with autism spectrum disorders, or ASDs, in 2020.

Founded by Chris Bills and Richmond Sodokpo, AUTZ is the world’s first cryptocurrency network that empowers autistic people to profit from their extraordinary creativity by selling their artwork as non-fungible tokens (NFTs). At the same time, AUTZ is revolutionizing the charity sector by transforming one-time donors into engaged community members as the shareholders of tokens that actively participate in the success of the entire network.

The AUTZ token is a new cryptocurrency that seeks to directly aid people with autism spectrum disorder (ASD). By harnessing the innovative potential of public blockchain infrastructure, the new token will remove rent-seeking profiteers from the philanthropic process. The system will use a transactional fee distribution model to reward all coin-holders. During every transaction, 3% of the total will immediately be deducted and redistributed to all AUTZ holders according to their asset weight. Meanwhile, 10% of the total token supply will be used exclusively to benefit ASD-related charities. According to the project’s founders, this model will promote “rewarding those who reward others.”

Support for ASD causes is interwoven into the very fabric of the AUTZ system. As the AUTZ project donates to organizations in need of funding, token holders will receive a boost in their holdings. Every time a holder carries out a transaction, a percentage will immediately go to the project’s charitable fund. With this system in place, every good deed will create additional positive outcomes for other members within the system.

Every founding member of the AUTZ project has some sort of connection with ASD. This gives them a unique understanding of the challenges facing members of the community. The new AUTZ cryptocurrency will help create a sustainable economic model to support important projects.

Despite progress on many levels, life is still full of obstacles for those diagnosed with ASD and their families. “It has been a challenging and long road,” says Sarah Oteng, the Atlanta mother of a daughter with ASD. Facing social rejection, discrimination from teachers, and a lingering sense of hopelessness, Oteng eventually found the strength to persevere. She now insists that “life depends not on diagnoses but attitudes.”

AUTZ tokens could make a difference for people like Ms. Oteng. With members of the ASD community supporting both each other and charitable organizations, there will be more resources available for funding important projects. As an integrative economic solution to the community’s many issues, the project intends to provide lasting, meaningful results.

It is safe to say that AUTZ is combining community power and blockchain technology to create a self-sustaining springboard to economic success. There’s no subscription or sign-up needed, the token to buy is the donation. If the value of the token goes up as the platform becomes more relevant, the holder ends up making money.

Chris highlights that education and empowerment are huge parts of the endeavor, AUTZ does not only want to bring people together in a unique way, they also educate the community about cryptos such as Bitcoin and Ethereum so people can launch their projects.

The company’s future goal is to continue to spread more awareness and have AUTZ listed on the big exchanges, so the community can generate expansion, the capital can grow, and the positive impact can be amplified.

Sources: