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RE: Autoria ICO scheduled to begin July 14

Hello, I have 3 questions about the ICO and I am genuinely interested :))
Number 1 is, what do you mean with "We will be releasing Autorium tokens at an inital rate of 17,500 AUT for 1 ETH ". What does "initial rate" stand for?
And number 2, will every 1 ETH I send during the ICO receive 17500 AUT?
And number 3, is it programmed for AUT to be enlisted on some exchange website before the ICO starts or during the ICO?
Thank you

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