ACT is a decentralized autonomous organisation addressing social accountability 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 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.

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ICO’s Details

  • GENERAL INFORMATION
  • ICO Opening Date:

    Tue, Jul 18th, 2017 12:00 AM

  • ICO Closing Date:

    Tue, Aug 1st, 2017 12:00 AM

  • TOKEN DETAILS
  • Symbol:

    ACT

  • Blockchain Type:

    Ethereum

  • Platform:

    ERC20

Team

Fraser Brown - CEO
Ian Cunningham - Project Manager
Ganesh Yung - Managing Director, Draglet, Lead Architect
Johannes Angermeier, Draglet - Lead Developer

Advisors

Unknown

Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.

Initial Offering News