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Build Your Decentralized Company With Xdac by markolosho: 10:10am On Apr 18, 2018 |
ABOUT xDac And It's Platform 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 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. xDAC PLATFORM FEATURES INCLUDES: 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. 1.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 2.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 3.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. ROADMAP Initially, we will focus on developing a reliable product. We project 2018 will be dedicated mostly to R&. Starting in 2019, we will expand our efforts to marketing, development and building strategic partnerships. Nov 2017 : Start of the project, Team Set up and Project start off Dec 2017 - Jan 2018 : Preparation for ICO White Paper, Market Analyzes, Landing page Mar 2018 : Token Distribution: Airdrop, Pre-Sale Round Launch of Airdrop campaign and pre-sale with soft cap 1,500 ETH. Smart Contract, token issuing. Apr 2018 - Aug 2018: Token Distribution: Airdrop, Pre-Sale Round Launch of Airdrop campaign and pre-sale with soft cap 1,500 ETH. Smart Contract, token issuing. Aug - Oct 2018: Token Distribution: ICO Round & Dev Distribution of remaining tokens. Integration identity verification, governance. Development of xDAC client - Company and Valet. Nov 2018: Development & Testing Development of xDAC Core functions (Voting, Ratings), Client functions (Team and Tasks) Jan 2019: Alpha Release & Testing Alpha version release of xDAC Platform and xDAC Client Beta Release & Testing Beta version release of xDAC Platform and xDAC Client 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 |
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