Difference between revisions of "Decentralized Autonomous Corporation (DAC)"

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* '''@sorin.cristescu''' : [https://steemit.com/steemfest/@sorin.cristescu/a-steemdac-eb496b513712 A steemDAC ?] ''November 10, 2018''
 
* '''@sorin.cristescu''' : [https://steemit.com/steemfest/@sorin.cristescu/a-steemdac-eb496b513712 A steemDAC ?] ''November 10, 2018''
 
* '''@lukestokes''' : [https://steemit.com/steemdac/@lukestokes/steemdac-a-plan-we-can-start-today-to-decentralize-steem-governance SteemDAC: A Plan We Can Start Today to Decentralize Steem Governance] ''January 20, 2019''
 
* '''@lukestokes''' : [https://steemit.com/steemdac/@lukestokes/steemdac-a-plan-we-can-start-today-to-decentralize-steem-governance SteemDAC: A Plan We Can Start Today to Decentralize Steem Governance] ''January 20, 2019''
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* '''@blocktrades''' : [https://steemit.com/blocktrades/@blocktrades/testnet-for-steem-proposals-is-live-and-ready-for-testing Testnet for Steem proposals is live and ready for testing] ''March 11, 2019''
  
 
==Related Articles==
 
==Related Articles==

Revision as of 10:21, 20 March 2019

A Decentralized Autonomous Corporation (DAC) is a blockchain based decentralized system that provide goods or services to society (i.e. profit driven) while not depending upon any single individual, company or organization to have value. DACs allow an organization to distribute profits basing on a set of blockchain based rules. A DAC must have equity (shares) exchanged on its blockchain and must not not depend upon any laws or legally binding contracts.

DAC could be called a subset of DAO, a decentralised autonomous organization operating under a certain set of rules specified on a blockchain.

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