xdac

xDAC

xDAC is a Decentralized Autonomous Company created and operated on xDAC Platform, decentralized digital ledger, 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.

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.

Problem 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.

xDAC Platform Features
•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
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
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.
•LIABILITY FUND
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.
•PoW PERFORMANCE RATING
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
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.

Team

Oskar Duris

Founder/Project Lead

LinkedIn

Joseph Halter

Technical Lead

LinkedIn

Sergey Anpilogov

Frontend Developer

LinkedIn

Dmytro Stepanenko

Blockchain Developer

LinkedIn

Alex Harmash

QA Engineer

Michael Marquis

Communication Lead

LinkedIn

Benjamin McDermott

Research Lead

LinkedIn

Milestones

1

November, 2017

Start.
Start of the project, Team Set up and Project start off.

2

Dec 2017 — Jan 2018

Preparation for ICO.
White Paper, Market Analyzes, Landing page.

3

March, 2018

Token Distribution: Airdrop, Pre-ICO Round.
Launch of Airdrop campaign and pre-ICO with soft cap 1,500 ETH. Smart Contract, token issuing.

4

Apr 2018 — Aug 2018

Token Distribution: ICO Round & Dev.
Distribution of remaining tokens. Integration identity verification, governance. Development of xDAC client — Company and Valet.

5

Aug — Oct 2018

Development & Testing.
Development of xDAC Core functions (Voting, Ratings), Client functions (Team and Tasks).

6

November, 2018

Alpha Release & Testing.
Alpha version release of xDAC Platform and xDAC Client.

7

January, 2019

Beta Release & Testing.
Beta version release of xDAC Platform and xDAC Client.

Financial

Token info

Token : XDAC

Platform: Ethereum

Type: ERC20

PreICO price: 1 XDAC = 0.001 ETH

Price in ICO: 1 XDAC = 0.001 ETH

Bonus

Pre-ICO 45 % ICO Round 1 20 % ICO Round 2 15 % ICO Round 3 10 % ICO Round 4 0 %

Tokens for sale: 40,000,000

Investment info

Min. investment: 0.1 ETH

Accepting: ETH

Distributed in ICO: 40 %

Soft cap: 1,500 ETH

Hard cap: 35,500 ETH
Bountyoxusername archievee457