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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 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.
Submit proposal · 7 months ago |
During Q1 of 2019, we asked three big questions about the ACT Project: · 9 months ago |
Five ways Moloch’s DAO could fix giving. · 11 months ago |
ACT project update · a year ago |
Members |
Fraser Brown - CEO Ian Cunningham - Project Manager Ganesh Yung - Managing Director, Draglet, Lead Architect Johannes Angermeier, Draglet - Lead Developer |
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Country of origin | (data missing) |
Blockchain | Ethereum (What is blockchain?) |
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