Xiaozhuer: Created page with "{{#seo: |keywords=ico,ACT,ACT |description=ACT - DAO addressing social accountability by aggregating micro payments from citizens to fund grass roots proposals tha..."

2019-03-29T03:57:50Z

Created page with "{{#seo: |keywords=ico,ACT,ACT |description=ACT - DAO addressing social accountability by aggregating micro payments from citizens to fund grass roots proposals tha..."

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{{#seo:
|keywords=[[ICO|ico]],ACT,ACT
|description=ACT - DAO addressing [[social]] accountability by aggregating micro payments from citizens to fund grass roots proposals that drive change
}}

==Description==

ACT (ACT) - DAO addressing [[social]] accountability by aggregating micro payments from citizens to fund grass roots proposals that drive change.

[https://www.daoact.org/ Project website]

[[ICO]] start date: 2017-08-01

==Concept==

ACT is a Decentralized Autonomous Organisation that supports [[social]] accountability globally by aggregating micro payments from citizens to fund grass roots proposals that drive change. [[Social]] accountability can be described as the extent and capability of citizens to hold the state accountable and make it responsive to their needs. The ACT [[Token]] is a reward [[token]] that governs the distribution of 15% of platform revenue to proposal curators. Platform revenue is generated from citizens purchasing [[VOTES|votes]] that can be applied within limits to proposals. Once a proposal is vetted by curators, and the community agrees to fund it through a voting round, a [[smart contract]] triggers payment. ACT can operate at any scale and any speed to drive the change we need to see.

More information in the project [[whitepaper]]: [https://www.daoact.org/whitepaper https://www.daoact.org/whitepaper]

==Social media==

[https://t.me/joinchat/AAAAAAtOo5ZdK9L2N3Taaw Telegram]

[https://twitter.com/daoact_org Twitter]

[https://actcommunity.slack.com/join/shared_invite/MjE1ODg4MDA0MTY2LTE1MDA0OTA5MDktMDMyYzg5ODdjNQ Slack]

[https://medium.com/daoact Blog]

==See also==

* [[ICO listing]]

* [[ICO]]

* [[Token]]

* [[Smart contract]]

==Resources==

[https://www.daoact.org/ Project website]

[https://tokenmarket.net/blockchain/ethereum/assets/act/ https://tokenmarket.net/blockchain/ethereum/assets/act/]
[[Category:Services]]

ACT - Revision history

Xiaozhuer: Created page with "{{#seo: |keywords=ico,ACT,ACT |description=ACT - DAO addressing social accountability by aggregating micro payments from citizens to fund grass roots proposals tha..."