What is xDAC?

xDAC is an entity created and operated on 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 focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals. Decentralized company owns capital and other, primary digital, assets. It can also collaborate with other partners or businesses inside and outside of decentralized network – making it a highly versatile entity. Such a company exists as long as it is able to self-update its most basic components and continue being recognized as the same entity or until it decides to terminate its existence. xDAC companies can use an xDAC extension for better recognition in forms: Company name, “xDAC”, “Xdac” or “xdac”.
Why customers trust xDAC more than traditional businesses?

Fast and automated dispute resolution: xDAC provides arbitration system for any given dispute between two parties which allows arbitrators to resolve dispute based on documents provided by applicant and defendant very quickly.
Liability fund that can cover company’s debts or liabilities: Liability Fund is liability coverage in case of the xDAC’s debts or liabilities. It is created as percentage from received payment that is stored on separate wallet until certain limits are reached.
Transparency: Ownership in public xDAC organization is transparent and transferable. Voting token holdings are public, and owners have the right to transfer ownership to another party.

Why support for Internal Autonomous Agents?

Automation is a necessity in today’s fast-paced, digital world. The benefits of automation far outweigh the drawbacks especially for companies using 3rd party external services. Trading bots, SEO bots, or other subscription services are prime examples. If companies begin using services on other platforms, they have more difficult time managing their data and analyzing the efficiency of the service. Our goal is to encourage developers to create internal autonomous agents that are sophisticated enough to join company teams. This will allow for tailored solutions instantly measurable in-house versus relying on a third party services. Automated agents are paid as team members by performance rather than by subscription models that companies have to pay even when service end up being ineffective.
EOS Platform

EOS is a dynamic blockchain with a large contingency of developers. With the introduction of WebAssembly, developers are allowed to use C++ with smart contracts to receive higher performance of native code. C++ has already extended a number of libraries with tested and proven code available to developers. This limits the margin of error and can be used in smart contracts. EOS lays reasonable foundation for running smart contracts that are managed by xDAC Platform functions. Scalability in a secure blockchain environment has become a hot topic in the industry and one that must be addressed. EOS is scaled to perform tens of thousands of transactions per second while other blockchains are seemingly congested with smaller projects. Nonetheless, the xDAC Platform developer team is willing to adopt a hybrid solution, such as side chain settlements, should in fact network congestion on the public EOS network pose a significant problem.
xDAC Platform (Core)

xDAC Platform is the public’s smart contracts layer which provides an opensourced implementation of the key components creating not only an environment but the governance for decentralized applications (DApps) and Autonomous Agents to be built on. The xDAC platform will be generating revenue from fees that will be used to reward the most productive xDACs based on their PoW performance rating to incentivize their productivity on xDAC platform.
xDAC 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 stored in a separate wallet until certain threshold is reached. Liability fund is not accessible to owners during the company’s existence and is available for transfer 90 days after the company is ceased or transferred to new owner. Default settings on percentage and limits will be specified later; however it can be changed by xDAC owners and it is entirely in their power to establish a liability fund limit based on their business type. When setting up liability fund it is advised to set higher limit to avoid company freeze when small disputes are initiated.

For example, if xDAC’s limit is set to 100 XDAC tokens and your customer disputes a transaction equal to 150 XDAC tokens, xDAC will be frozen until the dispute is resolved. After a company is acquired, liquidated, or closed, a Liability Fund will become a Retirement Fund and will be distributed between owners. This will be based on their respective stake in the company.
XDAC Token

XDAC token is a platform currency representing value and wealth in the decentralized economy used for exchange of values between xDAC companies, employees, customers and other third-party entities. The token will be used on the xDAC Platform for dispute resolutions, pay team members, accept payments for services, profit distribution, and incentivize development.

XDAC tokens are ERC-223-compatible tokens distributed on the Ethereum blockchain pursuant to a related ERC-223 smart contract. Ethereum tokens distributed in the ICO phase are pre-existing tokens and will be migrated to another protocol on the EOS platform. The Ethereum XDAC Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the xDAC Platform. Check ICO stats to know more about the ICOs.

[center]Kanye West & Kid Cudi Kids See Ghosts Album Zip File Download[/center][b][/b]

Kanye West and Kid Cudi’s collaborative record Kids See Ghosts is due out this Friday. We already know the album’s working tracklist, and the details on the listening party in Los Angeles. Tonight, Cudi shared the album artwork, which was painted by Takashi Murakami (who collaborated with Kanye prominently during the Graduation era). Check it out below.

Kids See Ghosts is the first collaborative album between rappers Kanye West and Kid Cudi.

Although the two have a very rocky and interesting past, both have undeniable chemistry that’s shown in works like “Gorgeous,” “Erase Me” and countless tracks found throughout the artists’ discographies.

The album was first announced by West after reactivating his Twitter account. He claimed the album will span 7 tracks and is arriving June 8th:Kanye revealed the official track list for this album via his Twitter account on June 1st, 2018. This is the same date of his eighth solo studio album release, “ye”.

Track list

1. Feel the Love

3. 4th Dimension

5. Cudi Montage

6. Devil’s Watchin

7. Reborn

Extasy

Kids See Ghosts

Download Album Zip File

Introducing xDAC — a decentralized network with a built-in Proof of Work (PoW) incentive mechanism, a comprehensive governance tool, and an innovative support system for DApps and internal Autonomous Agents — all housed on top of EOS. Welcome to the newest way to effectively run your business.

Automated Dispute Resolution

Unlike traditional companies who face never-ending financial roadblocks and complicated arbitration processes, xDAC, an advanced decentralized platform, allows for a seamless dispute resolution. The xDAC platform allows for fundraising through token sales, crypto payment processing, and automatic payrolls. It also paves the way for Bots and Artificial Intelligence (AI) to become part of company structure challenging developers to create internal autonomous agents that are sophisticated enough to join company teams.

“The core idea of decentralization is that the operation of a service is not blindly trusted to any single omnipotent company. Instead, responsibility for the service is shared: perhaps by running across multiple federated servers, or perhaps running across client-side apps in an entirely “distributed” peer-to-peer model,” Matthew Hodgson of TechCrunch said in a recent article.

So, what makes xDAC platform self-sustainable and reliable environment for businesses?

Autonomy & Transparency

At the end of the day, xDAC aims to manage itself in self-governance by cutting out middlemen and providing trust and transparency by using a blockchain. But does this mean xDAC plans to separate itself entirely from the laws and taxes that regulate companies? It seems unfair to the global economy and many governments and corporations are likely to see this as an attack. xDACs goal is to create consistent regulations for businesses across its platform. If rule changes are requested, the platform will be open to the proposed change and token holders will have the option to vote accordingly. The primary objective of xDAC is to ensure the protection of businesses on the platform.

Full Control Over Governance, Finances, and Team

xDAC Platform aggregates three components together in one place and automates them. This is designed to benefit both the company and their customers. Companies have full control over their governance, finances and their respective team. Business partners have confidence that companies they deal with are reliable and solvent by using a transparent system of governance and dispute resolution. An xDAC Platform is focused on creating a comprehensive framework for entrepreneurs, teams, autonomous agents or investors in crypto space. All users can benefit from decentralization.

3 Reasons to Trust xDAC More Than Traditional Businesses?

Fast and automated dispute resolution: xDAC provides arbitration system for any given dispute between two parties which allows decentralized arbitrators to resolve dispute based on documents provided by applicant and defendant very quickly.
Liability fund that can cover company’s debts or liabilities: Liability Fund is liability coverage in case of the xDAC’s debts or liabilities. It is created as percentage from received payment that is stored on separate wallet until certain limits are reached.
Transparency: Ownership in public xDAC organization is transparent and transferable. Voting token holdings are public, and owners have the right to transfer ownership to another party. There are four transparent functions of ownership built into public xDAC: (a) List all voting token holders (and their holdings) (b) Issue tokens, arbitrarily or with parameters © Sell or transfer tokens (d) Issue new non-voting tokens.

The xDAC Control Panel

xDAC will come with an intuitive control panel allowing users to seamlessly navigate content as a Web Host. Unlike most decentralized autonomous organizations, xDAC allows users to select their domain and deliver content to both the centralized and decentralized network. The best part: users owners take full advantage of a deregulated system with no local government registrations or interference.

Here are some of the key features and benefits of xDAC, according to the company’s White Paper:

Same governance across entire platform
Control over teams and finances
Easy fundraising
xDAC platform profits distributed back to xDAC’s, not to other projects
Less administrative adherence, more time to focus on business

xDAC on EOS Platform

Among the decentralized smart contract platforms, EOS is the most advanced, feeless, blockchain platform in development. XDAC’s growing developer community is in the midst of testing on top of the EOS platform, creating a vibrant ecosystem of second layer protocols and projects. EOS is a dynamic blockchain with a large contingency of developers. With the introduction of WebAssembly, developers are allowed to use C++ with smart contracts to receive higher performance of native code. C++ has already extended a number of libraries with tested and proven code available to developers. This limits the margin of error and can be used in smart contracts.

EOS is scaled to perform tens of thousands of transactions per second while other blockchains are seemingly congested with smaller projects. Nonetheless, the xDAC Platform developer team is willing to 11 adopt a hybrid solution, such as side chain settlements, should in fact network congestion on the public EOS network pose a significant problem.

The XDAC Token Explained

XDAC token is a platform currency representing value and wealth in the decentralized economy used for exchange of values between xDAC companies, employees, customers and other third-party entities. The token will be used on the xDAC Platform for dispute resolutions, pay team members, accept payments for services, profit distribution, and incentivize development. XDAC tokens are ERC-20-compatible tokens distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract. Ethereum tokens distributed in the ICO phase are pre-existing tokens and will be migrated to another protocol on the EOS platform.

Next Up for xDAC

Initially, xDAC will focus on developing a reliable product. They project 2018 will be dedicated mostly to R& and starting in 2019, will expand their efforts to marketing, development and building strategic partnerships. Here’s a glimpse of their projected launch timeline:

Nov 2017: Start of the project (Team Set Up and Project Launch)

Dec 2017 — Jan 2018: Preparation for ICO (White Paper, Market Analyzes, Landing Page)

Mar 2018: Token Distribution: Airdrop, Pre-ICO Round (Launch of Airdrop campaign and pre-ICO with soft cap 1,500 ETH. Smart Contract, token issuing)

Apr 2018 — Aug 2018: Token Distribution: ICO Round & Dev (Distribution of remaining tokens. Integration identity verification, governance. Development of xDAC client — Company and Valet)

Aug — Oct 2018: Development & Testing (Development of xDAC Core functions i.e. Voting, Ratings, Client functions, Team and Tasks)

Nov 2018: Alpha Release & Testing (Alpha version release of xDAC Platform and xDAC Client)

Jan 2019: Beta Release & Testing (Beta version release of xDAC Platform and xDAC Client)

Whether it’s innovative decentralized ledger technology, security of stored information, or automated dispute resolution, the future is bright for profit-driven decentralized companies established on the xDAC platform.

xDAC Token – Build Your Decentralized Company

What Is xDAC ?

xDAC is a Decentralized Autonomous Company created and operated on xDAC Platform 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.

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 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.

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.
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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

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.

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&, operational expenses and marketing.
XDAC Token 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)

Use of Funds

40% Research & Development
25% Marketing and Community Management
25% Operational
5% Legal & 5% Reserve


xDAC ICO Key Points

Token Type:Utility
Platform:EOS
Symbol:XDAC
Pre-sale:45 percent bonus
Token Sale: March 2018 – August 2018
Token Supply: 100,000,000
Tokens Available for Sale:40,000,000
Soft Cap: 1,500 ETH
Hard Cap: 35,500 ETH
Price:1 XDAC = 0.001 ETH
Payments accepted: ETH, min purchase 0.1 ETH
Barred from Participation: None specifically precluded from participation. Participants will be governed by their country legislation.

What Is xDAC’s Offer?

Any [url = "https://www.xdac.co/"]xDAC[/url] ecosystem can be seen as a number of distinct technological layers that are strategically connected. Through the utility token and employment of open, smart contracts, xDAC allows for the implementation of key aspects of expansion, providing the base building blocks that enable governance for DApps and management of autonomous agents in a rapid organic setup.

Project and team management, scheduling and monitoring of tasks as well as automated payments are all faster, more fluid and more cost-effective on the [url="https://www.xdac.co/"]xDAC[/url] platform.
How Does It Work?

[url="https://www.xdac.co/"]xDAC[/url] eliminates the traditional constraints associated with expansion, as well as much of the expense generated by needed oversight. There is no longer the need for the typical considerations around expansion, nor the usual large tax on the company coffers in implementation, as all of the management and many of the developmental issues are now decentralized and tightly governed on the blockchain.

xDAC Conclusion

xDAC has responded to business needs in the 21st century and epitomizes the savvy application of blockchain to the world’s affairs. With the reality of the global marketplace now entrenched, providing a carefully built and intelligent platform that enables clients’ business ambitions cannot go unnoticed.

With the token issue scheduled for January 2019 post the initial publicity and fund-raising stage, xDAC’s prospects look bright. Early uptake of the ICO comes with staggered rewards, based on first response, with early adopters being given a healthier bonus issue than those further down the line.