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xDAO

xDAO

xDAO is a platform that enables the creation of Decentralized Autonomous Organizations (DAOs) for joint ownership and management of digital assets.

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All edits by  Marina Morozova 

Edits on 16 Jun, 2022
Marina Morozova profile picture
Marina Morozova
edited on 16 Jun, 2022
Edits made to:
Description (+145/-104 characters)
Article (+1474 characters)
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xDAO

Allows you to safely manage personal and collective crypto assets using a clear and convenient interface

It is a platform that enables the creation of Decentralized Autonomous Organizations (DAOs) for joint ownership and management of digital assets.

Article

As the developers themselves note, their task was to create a platform that would allow several investors to create a joint venture. In traditional forms, such an organization is extremely weak, since one of the participants at any time can steal the common assets.

The Xdao project solves this problem with a Module-based Complex Multi-signature Wallet. Investors can create a single wallet for all participants, each of which will have its own digital signature for transactions. When creating a wallet, investors will be able to create smart contracts in which they will prescribe restrictions for each participant in the enterprise. Thus, theft and fraud between partners is minimized.

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The project is designed for venture funds, large investors, NFT owners and young startups.

Additional tools

In addition to the Complex Multi-signature Wallet, the developers of the Xdao project have prepared a number of additional tools that allow investors to quickly create and grow their enterprises. Among them:

Full IDO cycle. This allows investors to place tokens of their projects on decentralized crypto exchanges, finding investments for their further development.

launchpad. This is a platform that serves as a meeting place for investors and developers. The former invest in projects they like, while the latter receive funding.

Accelerator platform for Organizations. Within this platform, such tools as investment promotion, crowdfunding, public and private sales are available.

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