Starts May 15
Soft-cap 1,500 ETH
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 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.
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.
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.
Registration, local jurisdiction compliance and reporting, state and federal taxes, judges, lawyers, court proceedings
Bank accounts, merchant accounts, payrolls, local investors, office space, external centralized productivity tools
Instant creation of decentralized company, automated governance and dispute resolution, PoW incentives for company teams
Fundraising through ICOs, crypto payment processing, automatic payrolls, support for DApps and internal autonomous agents
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.
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).
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.
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.
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.
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 is a key feature of PoW Performance Rating. It helps xDAC keep up with tasks, scheduling, and distributing automated payments to team members.
An xDAC ecosystem can be viewed as several distinct technological layers strategically connected together.
xDAC token is the platform currency used for dispute resolutions, payrolls, merchant payment processing, profit distribution and development incentives.
Token Issue Volume
Token Sale Volume
Ethereum-based (ERC20) token
0.1 ETH/100 XDAC
ICO Round 1
ICO Round 2
ICO Round 3
ICO Round 4
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.
Initially, we will focus on developing a reliable product. We project 2018 will be dedicated mostly to R&D. Starting in 2019, we will expand our efforts to marketing, development and building strategic partnerships.
Core team has experience with building application for millions of customers. We are confident about our ability to bring reliable product that can serve businesses across the world.
xDAC companies can use the xDAC extension for better recognition. Examples include: “xDAC”, “Xdac” or “xdac”. You can reserve your name before launch of the xDAC platform.
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