Review ico xDAC (XDAC)
Review ico xDAC (XDAC)
Let me tell you about XDAC :
As a subclass of DAO, an xDAC is a company on a decentralized network with a built-in Proof of Work (PoW) incentive mechanism, a comprehensive governance and management tools, and a support system for DApps and Autonomous Agents - all housed on top of EOS. The xDAC governance is regulated by an xDAC platform – designed as a self-sustainable decentralized ecosystem consisting of businesses motivated to reap the benefits of their success without geographical limitations.
xDAC is a Decentralized Autonomous Company created and operated on xDAC Platform by one or multiple human or autonomous agent owners or a mixture of both that share a common purpose and unites in order to achieve specific, declared goals.
The focus of an xDAC platform is not just company creation and token distribution, but establishing standards for decentralized businesses. An xDAC platform takes full advantage of decentralized ledger technology and lets anyone create and manage company without the limitations of geography.
PROBLEMS AND SOLUTION
Centralized businesses have a single point of failure and setting up global operations come with their own set of legal and regulatory issues.
An xDAC Platform is focused on creating a comprehensive framework for entrepreneurs, teams, autonomous agents and investors in crypto space – all of whom benefit from a decentralized entity.
Traditional Company vs xDAC Company
Governance and Jurisdiction
Registration, local jurisdiction compliance and reporting, state and federal taxes, judges, lawyers, court proceedings
Business and Payments
Bank accounts, merchant accounts, payrolls, local investors, office space, external centralized productivity tools
Governance and Dispute Resolution
Instant creation of decentralized company, automated governance and dispute resolution, PoW incentives for company teams
Funds and DApps
Fundraising through ICOs, crypto payment processing, automatic payrolls, support for DApps and internal autonomous agents
An xDAC ecosystem can be viewed as several distinct technological layers strategically connected together.
Among the decentralized smart contract platforms, EOS is the most advanced feeless Blockchain platform.
The public’s smart contract layer provides an open-sourced implementation of key components creating the governance for decentralized applications (DApps) and Autonomous Agents to be built upon.
The xDAC client is an innovative user interface that brings together all the DApps and Autonomous Agents in one place. The initial plan is to build website and desktop applications for easier interaction with the xDAC Platform.
Name : XDAC
Blockchain : Ethereum-based (ERC20) token
Token Issue Volume : 100,000,000
Token Sale Volume : 40,000,000
Soft Cap : 1,500 ETH
Hard Cap : 35,500 ETH
Token Price : 0.001 ETH
1 ETH : 1,000 XDAC
Min Purchase : 0.1 ETH/100 XDAC
Pre-Sale : 45% Bonus
ICO Round 1 : 20% Bonus
ICO Round 2 : 15% Bonus
ICO Round 3 : 10% Bonus
ICO Round 4 : 0% Bonus
TOKEN DISTRIBUTION & USE OF FUNDS
A token sale will distribute 40% of tokens within investors and 20% of tokens will be used to incentivize early adopters of the platform. The remaining 40% will be retained with the project team. Proceeds from a token sale will primarily be used for R&D, operational expenses and marketing.
XDAC Token Distribution
Use of Funds
Core team has experience with building application for millions of customers. We are confident about our ability to bring reliable product that can serve businesses across the world.
3 Reasons to Trust xDAC More Than Traditional Businesses?
Fast and automated dispute resolution: xDAC provides arbitration system for any given dispute between two parties which allows decentralized arbitrators to resolve dispute based on documents provided by applicant and defendant very quickly.
Liability fund that can cover company’s debts or liabilities: Liability Fund is liability coverage in case of the xDAC’s debts or liabilities. It is created as percentage from received payment that is stored on separate wallet until certain limits are reached.
Transparency: Ownership in public xDAC organization is transparent and transferable. Voting token holdings are public, and owners have the right to transfer ownership to another party. There are four transparent functions of ownership built into public xDAC: (a) List all voting token holders (and their holdings) (b) Issue tokens, arbitrarily or with parameters © Sell or transfer tokens (d) Issue new non-voting tokens.
You can check out about xDAC , its feature and bounty program at [https://www.xdac.co] (https://www.xdac.co)
bitcointalk name: minhprok5a
Link to Bct Profile: https://bitcointalk.org/index.php?action=profile;u=1289138
Address ETH: 0x2414fd4a40E5893A42DE60BEb200ccc774B45481