What is it?

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 token is the platform currency used for dispute resolutions, payrolls, merchant payment processing, profit distribution and development incentives.

xDAC Details

Blockchain Ethereum (ERC20)
Team Location Palo Alto, CA, USA
First Announced March 15, 2018

Main ICO Details

Pre-ICO Start Date May 15
Pre-ICO End Date May 31
Pre-ICO Conversion 1 ETH = 1,000 XDAC
Pre-ICO Bonus 45% Bonus

Pre ICO Details

Registration Required
KYC Required
ICO Start Date Jun 1
ICO End Date Jun 30
Soft Cap 1,500 ETH
Hard Cap 35,500 ETH
Contribution Size Min: 0.1 ETH
Investor Supply 100,000,000 XDAC
Max Mkt. Cap At ICO 40,000,000 XDAC
ICO Conversion 1 ETH = 1,000 XDAC
Bonus Structure 20% Round 1 15% Round 2 10% Round 3 0% Round 4 *8,500 ETH cap for each round
Supply 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)

xDAC Founding Team

Oskar Duris

Founder/Project Lead

Eric Stone

Technical Lead

Sergey Anpilogov

Frontend Developer

Dmytro Stepanenko

Blockchain Developer

Alex Harmash

QA Engineer

Michael Marquis

Communication Lead

Benjamin McDermott

Research Lead