ACT

- 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

3,5

3,5

Analyst Rating

N/A

Investor Rating

N/A

Team

Benjamin Bommhardt

Ganesh Yung

Johannes Angermeier

Fraser Brown

Details

Sector:

Blockchain Infrastructure


ICO Start Date:

17/07/2017


ICO End Date

31/07/2017


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%

The algorithm rating is calculated on the basis of many questions relating to the economic, corporate, IT and commercial aspects of cryptoassets.

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