xDAC Platform

in xdacplatform •  7 years ago  (edited)

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First I'll introduce everyone what xDAC platform.Theres a unique features about xDAC platforms.Theres a benefits and advantage of xDAC platform since xDAC platform focused on creating a comprehensive framework for entrepreneurs,teams,autonomous agents and every invertors on crypto space.I've been following a lot of great ICO projects this year and xDAC Platform is one of those great projects that is innovative with great purpose and ofcourse theres a potentional on thier project.Find out more about xDAC Platform, what is xDAC Platform and what's their project all about.Kindly read below....

"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.

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"xDAC "

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.

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"xDAC Platform"

xDAC Platform
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.

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The focus of an xDAC Platform is based on company creation and token distribution. It also establishes standards for decentralized businesses. Whether it’s taking full advantage of decentralized ledger technology, automated dispute resolution or security of stored information, the platform lets anyone create and manage any kind of company without the limitations of geography

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√GOVERNANACE 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).

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√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.

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√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.

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√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.

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√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.

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√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.

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An xDAC ecosystem can be viewed as several distinct technological layers strategically connected together.

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Among the decentralized smart contract platforms, EOS is the most advanced feeless Blockchain platform.

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xDAC PlatformThe 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.

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xDAC ClientThe 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.

"xDAC TOKEN SALE

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 - 1000XDAX
Min Purchase 0.1 ETH/XDAC

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For ICO Investors who want to contribute
Please visit xDAC official website for presale contribution
xDAC Official Website : https://www.xdac.co/#ico
xDAC Official Twitter Page : https://twitter.com/xdacco?s=08
Reddit : https://www.reddit.com/user/xdacco
Telegram Group Chat : https://t.me/xdacgroup
Telegram Channel : https://t.me/xdacco
Medium : https://medium.com/xdac

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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.

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XDAC Token Distribution

40% Token Sale (Pre-Sale and ICO)
20% Community (Token Airdrop, xDAC Team Members and Arbiters)
20% Team, Early Backers and Advisers (Vested 6 months)
20% Foundation (Vested 1 year)
Use of Funds

40% Research & Development
25% Marketing and Community Management
25% Operational
5% Legal & 5% Reserve

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Use of Funds

40% Research & Development
25% Marketing and Community Management
25% Operational
5% Legal & 5% Reserve

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Interesting article, subscribed, I hope for reciprocity!

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Thanks a lot mate.

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https://www.xdac.co/

Great posts