Nick Chong · 1 day ago · 2 min read
Read the latest › ETH 2.0
Read the latest › Regulation
Nick Chong · 1 week ago · 2 min read
Shaurya Malwa · 1 week ago · 2 min read
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.
1 ETH = 1,000 XDAC