DACC Token

Yohan Gunasekara
2 min readJul 3, 2018

DACC Token

DACC token is the currency for all transactions, gas fees and reward to block validators and storage providers: (“ DACC Token ”). Additionally, a special allocation of DACC Tokens will be used to develop the community (10%), DACC software development, system maintenance and security development (15%), also reward the special contributors and advisors (10%). See below for a detailed allocation table. The price of the DACC Token is 1 ETH for 200,000 DACC Tokens.

DACC Token holders will not be granted any shares and management rights over the DACC platform, DACC Foundation and/or any subsequent company being set up. DACC Token holders will not be entitled to any dividends or income from the DACC Foundation or the DACC platform as a result of holding the DACC Tokens

Initial Token Issuance and Allocation

The DACC Foundation proposes to generate and issue DACC Tokens soon after the incorporation of the DACC Foundation. Upon issuance and prior to the completion of the DACC platform, DACC Tokens will be issued as tokens based on the ERC20 Ethereum Token Standard.
The initial issuance of DACC Tokens will consist of 30 billion tokens. The hard-cap of the Token Sale Sale is 30,829ETH.The allocation of this initial issuance is summarized in the following table.

The proceeds raised from the initial issuance of DACC Tokens are intended be used for the following purposes:
● To fund the research, development, and establishment of the DACC
● To hire and retain the talent and expertise required to build the DACC
● To cover the marketing and operating expenses related to the expansion and growth of the DACC

Token Details

TOKEN SALE: 30 JUN — 7 JUL

  • Ticker: DACC
  • Token type: ERC20
  • ICO Token Price: 1 DACC = 0.0022 USD (0.0000047619 ETH)
  • Fundraising Goal: 14,100,000 USD (30,000 ETH)
  • Total Tokens: 30,000,000,000
  • Available for Token Sale: 20%
  • Whitelist: YES (SINCE 10 JUN )
  • Know Your Customer (KYC): YES (SINCE 10 JUN, PASS )
  • Min/Max Personal Cap: 0.5 ETH / 20 ETH
  • Accepts: ETH

Additional Details

Website: http://dacc.co/

Whitepaper: http://dacc.co/whitepaper/Dacc.pdf

Medium: https://medium.com/@daccblockhchain

Telegram: https://t.me/dacc_official_group_english

Facebook: https://www.facebook.com/DACCblockchain/

Twitter: https://twitter.com/DACCblockchain

ANN: https://bitcointalk.org/index.php?topic=4456509

Reddit: https://www.reddit.com/r/DACCblockchain/

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