ACT

ACT

Created using Figma
Created using Figma
ACT is a decentralized autonomous organisation addressing social accountability by aggregating micro payments from citizens to fund grass roots proposals that drive change.
Risk: High
ICO
Nov 18, 2017
Jan 18, 2018
100% completed
Raised funds - no Data
past
ICO Pre-Release Access
Aug 1, 2017
Nov 18, 2017
100% completed
Raised funds - no Data
past
Pre-ICO
Jul 17, 2017
Aug 1, 2017
100% completed
$214 961
100% goal completed
past
Company Details
Registered Country
Switzerland
Additional Details
Platform
Ethereum
Categories
Other

About ACT

ACT is a decentralised autonomous organisation (DAO) addressing social accountability by aggregating micro payments from citizens to fundgrass rootsproposals that drive change.

Social Accountability – “the extent and capability of citizens to hold the state accountable and make it responsive to their needs.”

It is comprised of two parts:

  1. ACT, where citizens purchase votes, and apply them to proposals; and,
  2. The ACT curation engine (ACE) where ACT Token govern curator rewards.

Features

- Platform revenue is generated from citizens purchasing votes that can be applied to proposals
- Once a proposal is vetted by curators, and the community agrees to fund it through a voting round, a smart contract is triggered and the proposal is funded instantly
- 15% of all funds received from ACT users who purchase votes is allocated to reward curators
- Second token ACTION is a “rewards token” for both long termism and curation effort. It is nontransferrable and can be acquired on the platform with ACT, which means that it cannot be easily traded on cryptocurrency exchanges

Technical Info

Technical details:  It is comprised of two parts: 1. ACT, where citizens purchase votes, and apply them to proposals 2. The ACT curation engine (ACE) where ACT Token govern curator rewards Proof of developer:  Public team

ACT Roadmap

  • Concept development

  • Analysis and fundraising

  • Build and global marketing

  • Global citizen action

Activity

Activity:
1 722
VERY HIGH
Posts:
337
MEDIUM
Views:
15 243
VERY HIGH
Activity:
1 722
VERY HIGH
Merit:
1 061
VERY HIGH
Posts:
229
MEDIUM
Views:
7 402
HIGH
Users:
128
MEDIUM

ACT Team

Verified 36%

Attention. There is a risk that unverified members are not actually members of the team

Fraser Brown
CEO
verified

2 ICO

$522 000

Ian Cunningham
Project Manager
unverified
Ganesh Yung
Managing Director, Draglet, Lead Architect
unverified
Johannes Angermeier
verified
PATRICK STORCHENEGGE...
Co-founding Director of the ACT Foundation
unverified
Bilal Arif
Smart Contracts
unverified
Bogdan Dmytrenko
Front-end. Solidity
verified
Iurii Andial
UI team lead
verified
Valeria Kovalenko
Head of QA team
unverified
Nastia Balenko
Front-end Developer
unverified
Natali Ratushnaya
Front-end. Solidity
unverified
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