Review on eosDAC by Fabrizio Zampieri
Founded in March 2018, eosDAC introduced itself as a community-owned EOS Block…
Founded in March 2018, eosDAC introduced itself as a community-owned EOS Block producer and highlighted its vision that EOS IO block production should be open for everyone to contribute and benefit. In order to create an EOS Block producer that is owned by the EOS community itself, eosDAC dropped 75% of eosDAC tokens to the EOS Token Holders. eosDAC was born out of Dan Larimer’s concept of Decentralized Autonomous Communities or DACs. So, eosDAC was launched by BlockMaker Ltd but once eosDAC is launched BlockMaker Ltd will not have any ownership or control over eosDAC, nor own any eosDAC tokens.
eosDAC has created special tools and, through its commitment to open source software, will share them as a “DAC Factory” that anyone can take and use to set up and run a DAC.
eosDAC (EOSDAC) is a token based on the Ethereum blockchain. eosDAC has a current supply of 1.2 billion EOSDAC with 660 755 177 EOSDAC in circulation.
EOSDAC is tradable on many famous exchanges (Gate io, Hotbit, Bitbns, Bibox, Licecoin, DDEX, CoinMex, ZB COM, OpenLedger DEX and more).
Pros
- - DACs can be a powerful way to build an engaged community around your project. - Innovative project because, in my opinion, all connected parties to the DAC are incentivized to continually add value, therefore stimulating creativity and growth. - Flexibility to create an autonomous system. - DACs have no single point of failure. - Voting, work, membership, and governance can be securely handled on-chain through DAC system. - eosDAC Factory (upcoming DAC Factory will allow users to build and launch their own DAC in a fraction of the time). - Great and professional developer team.
Cons
- - Technically complex project. - eosDAC ROI: -64,89% (the approximate return on investment if purchased at the time of launch).
