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ACT

Governance & Voting

Overview

A Decentralized Autonomous Organisation (DAO) that allows a concerned, local community to raise money by aggregating micro payments from citizens

Features

- Platform revenue is generated from citizens purchasing votes that can be applied to proposals - Once a proposal is vetted by curators, and the community agrees to fund it through a voting round, a smart contract is triggered and the proposal is funded instantly - 15% of all funds received from ACT users who purchase votes is allocated to reward curators - Second token ACTION is a “rewards token” for both long termism and curation effort. It is nontransferrable and can be acquired on the platform with ACT, which means that it cannot be easily traded on cryptocurrency exchanges

Technical Details

It is comprised of two parts: 1. ACT, where citizens purchase votes, and apply them to proposals 2. The ACT curation engine (ACE) where ACT Token govern curator rewards

Crowdsale

Token Sale
ICO start date 16 Jul 2017
ICO end date 30 Jul 2017
Legal
ICO Platform No
Token details
Ticker ACT
Additional Token Emission No
Token distribution

Total token supply: 10 billion ACT Token crowdsale supply: 82.5% ACT contributors: 8% Team: 5.0% (paid as ACTION vesting tokens) Daoact Ltd: 3.0% ACT Bounties: 1.5%

Team members

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info NA
Risk score Info NA
ACT ICO Contacts
Website

Trading

(ACT)
$0.0379
21.57% 24H
ETH
return 0.2x
Start ICO 16 Jul 2017
End ICO 30 Jul 2017
Token ACT
Price 1 ACT = 0.1 USD
MVP No
Whitepaper View
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