Jul 17th 2017
a year ago
Aug 1st 2017
a year ago
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ACT is a decentralised autonomous organisation (DAO) addressing social accountability by aggregating micro payments from citizens to fund grassroots proposals that drive change. Act supports the extent and capability of citizens to hold the state accountable and make it responsive to their needs. It is a next-generation organization that aggregates funding from citizens targeting change and organizes decision-making on an immutable blockchain. ACT funds Social Justice.
The extent and capability of citizens to hold the state accountable and make it responsive to their needs. It is comprised of two parts: 1. ACT, where citizens purchase votes, and apply them to proposals; 2. The ACT curation engine (ACE) where ACT Token govern curator rewards. ACE is the main focus of this technical white paper, because it contains the functionality that rewards those that hold ACT’s tokens, which are called ACT and ACTION.