xDAC- Great new blockchain decentralized platform!!!
Dear Steemians,
For the first time here I do want to make you familiar with an unique blockchain platform called xDAC !
My profile and strong side is photography, but really got amazed by this project, studied it thoroughly in details, read a lot of info, watched some videos, so for the last few days I have managed to collect enough info about xDAC and decided to share it with the progressive steemit community!!!
- xDAC is a newly, developed by an International Team of Experts, blockchain platform for creating and managing Decentralized Autonomous Companies (DAC).
- Self-governed platform for all companies and without any geographical limitations.
The Problem that companies are facing now is:
First: nowadays there are to follow too many rules and regulations and of each jurisdiction separately too expensive and difficult to manage companies worldwide.
Second: jurisdiction systems +government agencies + business registration + financial institutions are not connected old fashioned, slow and practically impossible to automate.
The Solution :
xDAC is based on decentralized ledger technology and gives anyone the option to create and manage a company where the geographical borders do not exist anymore. All xDAC Companies are governed by same rules.
The Platform combines three components: governance + finances+ workforce. So as a result we have FAST & AUTOMATED ECOSYSTEM.
The Platform & The Architecture
The Ecosystem is based on three layers, which combine EOS + xDAC Platform ( Core) + xDAC Client ( APPs)
EOS smart contract platform will be the basis on which are built and interacting the other two layers, but the xDAC dev team is considering to build a new platform to EOS, and not rely solely on it, but to use it as a hybrid solution and make sure the platform will be flawless in case of network congestion.
xDAC Platform ( Core) is the public’s smart contracts layer, that will act as the link between the environment and the governance for decentralized applications (DApps) and Autonomous Agents to be built on. The most active DAC's will be the core of revenue generation, based on PoW performance ratings.
- Three different types of accounts will exist on the Core Platform, i.e new xDAC ( opened for a new company ), Team Member ( opened for anybody connected with the company as a employee, freelancer etc.) and Investor, that will posses power of vote in the company.
- Identity Mgmt. Everybody will be provided with a digital ID.
- Governance and Disputes. It is a major component of the system, that's why it combines Dispute Resolution + Dispute Representative Board and Voting + Assigning a Representative.
- xDAC Ownership and Token Issuance, that will consist of Voting Tokens + Non-Voting Tokens.
FYI the tokens will be an ERC 23 compliant!!! - Two types of Wallets ( xDAC wallet+Team Member wallet ) and xDAC Payment Processing.
- xDAC Liability Fund, that is to cover any debts or liabilities that may occur over time.
- Team Member Retirement Fund. Every Team Member will have a Rating, that will be used as to calculate the retirement disbursements from that Fund, which automatically will be allocated to their TM Wallets.
- PoW Performance Rating based on the tasks and ethic to be done by the members.
- Team Management and Privileges, wherein there will be opened accounts for each Team Member combined with fair Privileges.
- Project Management as a mayor component in the system, wherein comes the interaction between xDACs and the Team Members.
xDAC Client that integrates all DApps with Autonomous Agents. In the first phase after the ICO there will be built website and desktop APPs to make sure it will be linked with the xDAC Platform.
Furthermore the DApps will have the following components: Company Overview + Voting, Bylaws and Company Assets + Team + Project management + Wallet + List of xDACs with the info regarding all existing DApps.
Generally, that is the way the platform is set up. I would say, it's a very innovative brave task the xDAC Team is destined to achieve in a short term, as you can take a look at the Roadmap:
Tocken Info
Ticker:XDAC
Platform:Ethereum
Token Type:ERC223
Available for sale:400,000,000 XDAC (40 %)
Financial
Price:1 XDAC = 0.0001 ETH
Accepting:ETH
Soft cap:1,400 ETH
Hard cap:35,400 ETH
Some useful links to xDAC ICO Ratings:
icomarks.com
icobench.com
icotokennews.com
distributed ledger technology and governance
on which successful projects can be built on.
I know very little about this world. Your article gives a lot of information I am unable to evaluate. I do however take note of xDAC's existence. And I want your Superior Coin. :-) Thank you
Hi reonlouw! Thanks for your comment!
I'm with @reonlouw on this one. I too am "unable to evaluate" lol! I only stumbled in here to try to get exposure for my weight loss work and now? I am in a maze of learning and feel like I am in grade school again.
But anything that helps rip something out of the hands to the "Top 100" people in this world is fine by me. Good luck with it :)
Hi @fitinfun!
I read your comment, and to be honest was in the same pool few months ago. I was amazed to know how far and how fast ( never before in the Humankind ) are innovations penetrating the old Centralized System. Have read a lot of books, watched videos, spoke with experts in Blockchain Technologies, and now I am sure 1000% we are soon to witness a Global Change, that is already on the way!!!
The technologies are unstoppable!!! It is the human nature that makes us look for and finally achieve our goals in order to make our World better place for all nations, all countries.We are on the path of becoming a global borderless Society !
xDAC- Great new blockchain decentralized platform, Perfect.
Thanks for you comment @sniper555!
You are welcome.
Great work
Team Kryptonia
Thanks Team Kryptonia!!!
I know very little about this world. Your article gives a lot of information which I can not figure out. But do not take xDAC's existence notes. And I like your superior currency :-) Thanks
@vjwahid, thanks a lot for the comment!
Wow! Great work yanipetkov! Your post has appeared on the hot page after 69min with 117 votes.
Thanks to @souldelas.
Thanks @cnaranha and @souldelas! Happy to hear about that! Meanwhile there is still airdrop on the way till the end of the May, so do not miss this great opportunity to participate!
Thanks for sharing. I've smashed the upvote button for you!
Also, if you are looking to get some tokens without investing or mining check out Crowdholding (https://www.crowdholding.com). They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.
Hi @georgeforeham! Thanks for the upvote, and for sure will check the link!Keep in touch!
good article about blockchain. greetings from kryptonia team..
@azilanaitmay825, thank you for your comment!
great post
Thanks, @tipu77! Yeap the new platform is on the way! For more details visit the website, as I attached the link in the article!
Lovely post
@awosode! Thanks for liking it!
nice. informative post. thank you for this.
Hi @bigmike420! These type of comments make me happy, so what I have done is recognized by the Steemians!Thank you very much!