xDAC is a Self-governed platform for creating and managing Decentralized Autonomous
Companies. This is the official website of xDAC: https://www.xdac.c
2.Why is it better than traditional way?
xDAC Platform aggregates three components together in one place, automates them, so the system is beneficial for the companies and their customers. Companies have control over their governance, finances and their respective team. Business partners have confidence that companies they deal with are reliable and solvent by using a transparent system of governance and dispute resolution. An xDAC Platform is focused on creating a comprehensive framework for entrepreneurs, teams, autonomous agents or investors in crypto space who can benefit from decentralization.
xDAC helps owners to operate a transparent decentralized company in front of their investors. Company owners can manage their team, tokens, and financials, and securely store data on a decentralized ledger. Automated governance and dispute resolution will add to the speed of business evolvement and reward systems will make companies and their teams more productive, efficient, and motivated.
xDAC is one such solution, which will allow dApps and business services to be hosted on the EOS blockchain. The whole companies can use xDAC platform to offer their products and services. This is the real future. Starting a company is as easy as registering on their platform and from then onwards they take care of and provide all the tools you need. With the power of blockchain, xDAC offers banking, merchant, payment and legal assistance to allow the running of your company in a truly decentralized and efficient manner. This eliminates all the extra costs of the above-mentioned services. [Ref. Jo Murat https://www.trustpilot.com/review/www.xdac.co]
3.Team
I found the team good. They have enough experience in the tech industry and in entrepreneurship, however, based on my experience so far in the crypto market I found very crucial to have a strong blockchain team and a strong marketing team. I think xDAC team should really work on this more to make its good team a great team. Also, I believe they need a couple of very good crypto industry advisors. Crypto market's dynamics are different. In the recent months ICOs from the US struggling because of this so they should think about this before it is too late. Since they are in their pre-ICO stage I was not strict on the partnership aspect of the whole ICO, but it is crucial to have strong partners, at least this is how the crypto market works right now.
4. Token metrics
The token metrics are very similar to the other similar ICOs. I believe token pricing is fair. Most of the ICOs that had cheaper token prices (which eventually made the total raised money less than conventional) did a lot greater when they got listed on the first exchange e.g. Zilliqa had a very good pricing on the tokens and it did over 20x in the first quarter. I believe 45% discount for pre-ICO participants is a bit higher since most of those investors dump their tokens right at the opening which really pushes the price down. Their bounty campaign is well designed that can get the word out and make it hyped.
5.Conclusion
All and all this is a very good idea that can become a bit hit. The selection of EOS as the platform to build the xDAC platform on top of it is a good choice. The team is good, but it should be improved on blockchian engineers and marketing team to bring partnerships. The token metrics are ok, however the price of the token could be a bit cheaper to give xDAC a jump start when it hits the first exchange.
