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xDAC:Build Your Decentralized Company - Business - UpGhana

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xDAC:Build Your Decentralized Company by hiphoplife(m) : 10:04 am

A Self-governed platform for creating and managing Decentralized Autonomous
Companies

What Is 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.

 
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 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.

What Is xDAC’s Offer?
Any xDAC ecosystem can be seen as a number of distinct technological layers that are strategically connected. Through the utility token and employment of open, smart contracts, xDAC allows for the implementation of key aspects of expansion, providing the base building blocks that enable governance for DApps and management of autonomous agents in a rapid organic setup.

Project and team management, scheduling and monitoring of tasks as well as automated payments are all faster, more fluid and more cost-effective on the xDAC platform.

How Does It Work?
xDAC eliminates the traditional constraints associated with expansion, as well as much of the expense generated by needed oversight. There is no longer the need for the typical considerations around expansion, nor the usual large tax on the company coffers in implementation, as all of the management and many of the developmental issues are now decentralized and tightly governed on the blockchain.

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.

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.

xDAC PLATFORM FEATURES

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.

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

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
 
 
xDAC ICO Key Points
Token Type:Utility
Platform:EOS
Symbol:XDAC
Pre-sale:45 percent bonus
Token Sale: March 2018 – August 2018
Token Supply: 100,000,000
Tokens Available for Sale:40,000,000
Soft Cap: 1,500 ETH
Hard Cap: 35,500 ETH
Price:1 XDAC = 0.001 ETH
Payments accepted: ETH, min purchase 0.1 ETH
Barred from Participation: None specifically precluded from participation. Participants will be governed by their country legislation.
  

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