Create & Manage Crowdfunding DAOs
Daox is an investment ecosystem and a blockchain-based fundraising platform that provides a complete solution for ICOs, crowdfunding, and crowdinvesting using cryptocurrencies and with the application of the concept of a decentralized autonomous organization.
Daox allows for wide use of the concept of a decentralized autonomous organization (DAO) as a tool for interaction between a startup and its investors. The use of this concept makes it possible to reach a balance that the industry has always been aiming for. It might become a turning point in the history of investments and indeed make a middleman between ideas and capital unnecessary.
Daox is a solution that lets startups and investors form decentralized autonomous organizations which serve as advanced intermediaries. Daox provide a solution that lets investors and projects form independent DAOs on the Ethereum blockchain. Each DAO becomes a part of the ecosystem that consists of investors, projects and third party services.
How it Works
- Startup is launching a fundraising campaign on the daox.org platform or via any other interface.
- The campaign forms as an independent decentralized autonomous organization (DAO) on the Ethereum blockchain.
- The funds are raised and securely stored in that DAO. Members of the DAO receive its tokens.
- The DAO is managed through a transparent voting by token-holders.
Right after Daox and DXC token smart contracts are published on the Ethereum blockchain, a completely independent and autonomous ecosystem is formed. The main goal of the ecosystem is to establish conditions ensuring that the promising and high-quality projects are able to attract investments easily.
The ecosystem consists of the elements that could be grouped into 4 categories: users, interfaces, fundraising DAOs, and third-party tools and services. For instance, the daox.org and Daox Wallet apps, as well as other tools for interaction with the Daox ecosystem are interfaces. These interfaces are just an interaction tools and cannot affect the operating procedures of the ecosystem. Any developer can release his own interface.
Token Sale Details
In accordance with the concept and ideas of fair crowdfunding that is being proposed by the Daox project itself, the total amount of cryptocurrency raised during the token sale will be stored in a decentralized autonomous organization, established on the daox.org platform.
Consequently, DXC token holders will be able to control expenditures, hence their risks will be almost entirely eliminated. If the majority of DXC token holders are not happy with the way the Daox project unfolds, they can vote for a full refund of the remaining proceeds.
PRE-ICO: June 1 — June 30
MAIN SALE: July 1 — August 31
MAIN SALE PRICE: 1 DXC = 0.20 USD
SOFT CAP: 4,5M USD
HARD CAP 300M DXC
MAX SUPPLY: 300M DXC
DELIVERY DATE: Immediately after purchase
Token Distribution Structure
70% Public and Private sale
5% Bounty and Marketing
Use of Proceeds
25% Marketing and user acquisition
10% Legal support
10% Staff and other company expenses
5% Reserve Fund
Team and Advisers
Tokensale Website: https://daox.org/
Daox Platfrom: https://platform.daox.org/
How it works: https://platform.daox.org/how-it-works
White paper: https://tokensale.daox.org/daox-whitepaper-eng.pdf
Telegram Chat: https://t.me/daoxchat
YouTube | Introduction video: https://www.youtube.com/watch?v=m1CNJDC9zkY
Bitcointalk username: kamvreto
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=516369
Note: I’m not the Daox Team