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.
PROBLEMS 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.
Solutions
1.Jurisdiction — xDAC platform takes full advantage of decentralized ledger technology and lets anyone create and manage a company without the limitations of geography. — xDAC Companies are governed by same rules.
Free business model and decentralization — Business type is not limited as long as it follows platform rules. — Company data and financial information are stored securely on decentralized ledger and controlled by xDAC company.
Automation — xDAC Platform aggregates three components (governance, finances, and workforce) together in one place, so company processes are fast and automated.
Crypto market volatility — Businesses on the platform bring jobs, goods, services, and trades all within the crypto space so that people are not forced to use exchanges and fiat currencies.
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.
ARCHITECTURE
An xDAC ecosystem can be viewed as several distinct technological layers strategically connected together.
TOKEN SALE
xDAC token is the platform currency used for dispute resolutions, payrolls, merchant payment processing, profit distribution and development incentives.
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.
ROADMAP
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
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.
MEDIA AND PARTNERS
RESERVE YOUR xDAC NAME
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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