xDAC ICO
Last Update
Apr 14, 2018
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From Jun 1, 2018
Till Jun 30, 2018
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1 XDAC=0.7 USD
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From May 15, 2018
Till May 31, 2018
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1 XDAC=0.7 USD
About xDAC ICO
xDAC is a Decentralized Autonomous Company created and operated on xDAC Platform, decentralized digital ledger, 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.
xDAC PlatformThe 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.
Problem 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.
Features
GOVERNANCE AND DISPUTES
The xDAC platform establishes digital jurisdiction over xDACs created and operated by business owners. Disputes with third parties are resolved expediently and objectively through a decentralized Dispute Representative Board (DRB).
OWNERSHIP AND TOKEN ISSUANCE
Owners have option to issue a certain number of voting or non-voting tokens through a smart contract and distribute them between the owners or public via ICOs or a token sale.
PAYMENT PROCESSING
The most important part of each company is payment processing and the use of digital wallet technology. An xDAC platform will create a wallet with merchant tools for each xDAC upon the establishment of a company on the platform.
LIABILITY FUND
An xDAC Liability Fund is coverage in case the xDAC's debts or liabilities exceed a certain debt-to-equity ratio. It is calculated as a percentage of received payments until certain threshold is reached. This protects investors in case of xDAC default.
PoW PERFORMANCE RATING
xDAC’s PoW mechanism allows for an automated rating system to track the effectiveness of team members and companies and distribute the platform profit by way of participation.
PROJECT AND TEAM MANAGEMENT
Project and team management is a key feature of PoW Performance Rating. It helps xDAC keep up with tasks, scheduling, and distributing automated payments to team members.
Technical Info
xDAC 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.
Roadmap
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November, 2017
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Start. Start of the project, Team Set up and Project start off.
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Token Distribution: Airdrop, Pre-ICO Round
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Launch of Airdrop campaign and pre-ICO with soft cap 1,400 ETH. Smart Contract, token issuing.
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Dec 2017 - Jan 2018
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Preparation for ICO. White Paper, Market Analyzes, Landing page.
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Token Distribution: ICO Round & Dev
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Distribution of remaining tokens. Integration identity verification, governance. Development of xDAC client - Company and Valet.
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March, 2018
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Token Distribution: Airdrop, Pre-ICO Round. Launch of Airdrop campaign and pre-ICO with soft cap 1,500 ETH. Smart Contract, token issuing.
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Development & Testing
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Development of xDAC Core functions (Voting, Ratings), Client functions (Team and Tasks)
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Apr 2018 - Aug 2018
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Token Distribution: ICO Round & Dev. Distribution of remaining tokens. Integration identity verification, governance. Development of xDAC client - Company and Valet.
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Alpha Release & Testing
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Alpha version release of xDAC Platform and xDAC Client
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Aug - Oct 2018
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Development & Testing. Development of xDAC Core functions (Voting, Ratings), Client functions (Team and Tasks).
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Beta Release & Testing
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Beta version release of xDAC Platform and xDAC Client
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November, 2018
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Alpha Release & Testing. Alpha version release of xDAC Platform and xDAC Client.
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January, 2019
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Beta Release & Testing. Beta version release of xDAC Platform and xDAC Client.
Materials
Activity
Team
Verified 57%
Attention. There is a risk that unverified members are not actually members of the team
Last News
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