Question 1

How much does eosDAC cost today?

Accepted Answer

As of the most recent data, the price of eosDAC is XRP 0.00008342, and it has increased by +0.00% over the last 24 hours. The trading volume for the same period is 1.0.

Question 2

What is eosDAC?

Accepted Answer

eosDAC is a cryptocurrency token based on the Ethereum ERC-20 standard. However, once the EOS platform launches, the ERC20 token contract will be frozen and migrated over to EOS. The token is part of a Decentralized Autonomous Community (DAC), a form of organization represented by rules encoded as a computer program that is transparent and controlled by the token holders. Managed by BlockMaker Ltd, the token offers the community members a sense of ownernship and control over the DAC.

Question 3

Who created eosDAC?

Accepted Answer

eosDAC was created and is currently managed by BlockMaker Ltd. BlockMaker Ltd is responsible for the creation of the total token supply for eosDAC and the future transfer from Ethereum blockchain to the EOS platform.

Question 4

How does eosDAC work?

Accepted Answer

eosDAC works as a DAC or a Decentralized Autonomous Community. It is a form of organization that is represented by rules encoded as a computer program. These rules are transparent, controlled by shareholders and not influenced by a central government. Upon the launch of EOS platform, the existing ERC20 tokens will be frozen and moved to EOS, a process that will be defined and communicated by the eosDAC launch team through their website and social media channels. eosDAC tokens represent the community members of the DAC, who will own and control it once it is launched on the EOS blockchain.

Question 5

Where can you buy eosDAC?

Accepted Answer

eosDAC tokens can be purchased on the AEX, Livecoin, Bibox, Gate.io where they are currently listed. However, always remember to do your own research before making a purchase.

Question 6

How much eosDAC is in circulation?

Accepted Answer

The total token supply for eosDAC created by BlockMaker Ltd is 1,200,000,000. Out of this, 75% i.e., 900,000,000 eosDAC tokens have been allocated for an airdrop to EOS token holders.

Question 7

How can you participate in eosDAC airdrop?

Accepted Answer

All EOS token holders holding over 100 tokens at the end of Day 300 of the EOS crowdsale (April 15th 2018, 01:00:00 UTC) will receive 1 eosDAC token for each EOS token that they hold. These tokens will be transferred directly into their Ethereum (ERC20 compatible) wallet. The actual airdrop will be made as soon as possible after this date and after necessary tests and checks have been run. Ethereum accounts that have less than 100 EOS tokens in them at the snapshot on the 15th April will not automatically receive the airdrop but will be eligible (until 15th May 2018) to apply using the official eosDAC airdrop page. Please keep in mind to clarify with the exchange where your EOS tokens are located if they will distribute the eosDAC tokens to an individual wallet under your control.

Question 8

What is the future for eosDAC?

Accepted Answer

The future plan for eosDAC as stated by BlockMaker Ltd is to become a fully operational Decentralized Autonomous Community. This means that the community will have full control over the operations after the DAC is launched on the EOS blockchain.

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