Daox ICO Review And DXC Token Analysis

DXC

86.3%

3 months ago

Daox ICO About

Fundraising DAOs play the role of advanced intermediaries between startups and their investors, protecting interests for both sides, and increasing the efficiency of the capital. They are like real world companies but instead of a legal body they have smart-contracts, instead of bank accounts they use cryptocurrencies, instead of shares there are tokens, and instead of the jurisdiction — a borderless blockchain network. One of the main principles of that protocol is that all the collected funds are stored in a DAO, instead of being at the disposal of a single individual (or group of individuals). The funds are released based on withdrawal proposals submitted by the startup team. If investors (DAO token holders) of a startup are satisfied with the way the project unfolds, they approve such requests. Each Fundraising DAO is modular. This means that its governance structure and functionality might be adjusted to the specific needs of each particular project. The whole process of building Fundraising DAOs and interaction with them is done in a user-friendly application called Daox Platform. Startups can build their DAOs, with its own ERC20 token and start an ICO in a matter of minutes. Besides that, there is a marketplace of services and tools that are integrated via the Daox Open API. Imagine hundreds of different services for startups and investors that are easily accessible in a few clicks. For instance, a project can apply for rating report, or media publishing, or bounty campaign, or start banner advertising, right from the Daox Platform interface. Daox Platform itself is not an intermediary, and it never has access to the funds. Each Fundraising DAO is completely independent, autonomous and only could be governed by its token holders. This makes the Daox a trustless solution. The DXC token enables all the interactions in the Daox ecosystem, provides access to the Daox Platform services and discounts. It has a built-in functionality to be easily integrated with third party services. Daox operates on the Ethereum blockchain network.

Daox ICO Categories

Business Services, Investment, Platform

Daox ICO Review

In the year 2017, more than $6 billion were raised via an innovative fundraising approach — initial coin offering (ICO). This is incomparably more than in 2015 and 20 times higher than figures for the year 2016. The success and skyrocketing growth of this trend was due to the fact that ICO is the most convenient way of investing and raising funds nowadays.

However, its current implementation (as a crowdfunding or in other forms) has a number of challenges, such as: high investment risks; complexity of tech; expensive legal support; inefficient marketing; lack of transparency; fraudulent activity; low success ratio; volatility of cryptocurrencies; unpopularity; and scams.

These and other problems are constraining factors for the vast amount of projects and investors that could participate in a new cryptoeconomy and significantly boost it.

But can we make a solution that will make investing as safe as VC, widely accessible for everyone as an ICO, and easy-to-use for backers as it is on major crowdfunding platforms, like Kickstarter? The answer is yes and we call this solution a ​Fundraising DAO—​ a protocol that combines all the best practices of VCs, crowdfunding, and ICOs, providing a leap forward for the investment industry.

The present document thoroughly describes the concept of Fundraising DAO, as well as implementation of a number of technology products, which allow for the establishment of a new ​decentralized investment ecosystem—​ an ecosystem for Fundraising DAOs.

Daox ICO Comments

Please log in to add comment
  • {{ comment.user.fullname }}

    {{ comment.message }}

    • {{ reply.user.fullname }}

      {{ reply.message }}

Token Info

  • Symbol/Ticker DXC
  • Platform Ethereum
  • Type
  • Bonus

Presale Info

  • Presale Price null
  • Presale Start Date Invalid date
  • Presale End Date Invalid date

Investment Info

  • Tokens for Sale null
  • Total Token Supply null
  • Price Per Token null USD
  • Soft Capital 0 USD
  • Hard Capital 0 USD
  • Accepting USD

86.3%


  • 0.0%
    Community
  • 0.0%
    Influencers
  • 86.3%
    Rating Sites
Rate This ICO
Copy this widget

3 months ago


  • Token DXC
  • Platform Ethereum
  • Price null USD
  • Soft Capital 0 USD
  • Hard Capital 0 USD
  • Accepting
  • Country UAE, Spain, Russia
  • Restrictions Canada, USA
  • Know Your Customer Yes
  • Whitelist Yes

Interesting ICOs you may check

ALMEELA reviews and rating via ICOPicker
ALMEELA
Decentralized funding platform for high tech projects that is backed by gold
  • 100.0
  • 46
  • 0
ZeroBank reviews and rating via ICOPicker
ZeroBank
Your Local Currency
  • 94.0
  • 93
  • 0
Cloudbric reviews and rating via ICOPicker
Cloudbric
Next Generation AI-based Cybersecurity Powered By You
  • 83.1
  • 175
  • 0
CareerChain reviews and rating via ICOPicker
CareerChain
The first open, industry standard for sharing career histories!
  • 89.1
  • 4152
  • 4
Buddy reviews and rating via ICOPicker
Buddy
Decentralized Development Automation Platform
  • 89.8
  • 3169
  • 0