ACT - Citizens First Driving Social Accountability

Hello everyone, today I am going to share a project that is engaged in Social Accountability.

ACT IS A NEXT-GENERATION ORGANIZATION THAT CAN AGGREGATE FUNDING FROM UNLIMITED NUMBERS FROM CITIZENS TARGETING CHANGE AND ORGANISE DECISION-MAKING ON AN IMMUTABLE BLOCKCHAIN.

*Note :

All of you need to know this project is very cool and has a bright future because this project involves citizens.

Before knowing more about this project, I want to explain the meaning of "social accountability"

Social Accountability is ...

“the extent and capability of citizens to hold the state accountable and make it responsive to their needs."

for me , This project may be called a container to convey / ask for accountability from the state.

ACT IMPACT MODEL

After knowing the concept of ACT a question arises, How Does ACT Work?

This is a description of how the ACT project works:

At this point we can conclude that ACT is very serious for this project to be successful.

ICO DETAILS :

A total of 10,000,000,000 (10 billion) “ACT Token” shall be implemented in the smart contract.

What did you first think after seeing this? Definitely the amount of fund allocation right? Yeah the funding for this project is very big because it is not to hesitate to join this project.We will regret if we miss the opportunity to join a project that is in the interest of many people.

ROADMAP

In January 2017, we built a prototype of ACT on the Ethereum testnet, and full specifications have since been developed based on the final ACT White Paper. These specifications - including fixed pricing for the smart contract development work (identified as milestones) - will be published prior to the pre-ICO. Furthermore, a smart contract that only allows pre-ICO funds to be drawn from a 3-4 multisig wallet in line with the defined milestones will be implemented. A full analysis of this ground-breaking approach will be published as an article shortly.

In the success of this project there are 4 phases:

1. Concept Development

2. Analysis and Fundraising

3. Build and Global Marketing

4. Global Citizen Action

Do you still hesitate to join after seeing this?

Pre-ICO and Bounties details

The ACT donation campaign has three phases:

Pre-ICO: 2pm CET 18th July 2017–1st August 2017
Pre-release access: Close of pre-ICO — 18th November 2017.
ICO: 18th November 2017–18th January 2018.

Pre-ICO bonuses:

Platinum — 10x for first $250k
Gold — 5x for next $250k
Silver — 2.5x after $500k

Example: Donator “Sean” donates $100,000 on the first day of the pre-ICO (phase 1). Sean’s allocation of ACT Token at the ICO is therefore 10x his donation i.e. $1,000,000 worth of ACT Token.

Pre-ICO conditions

Please note: Platinum and Gold bonuses reduce by half (to 5x and 2.5x respectively) after the half way point of the pre-ICO (25th July at 17:00 CEST)

Pre-ICO limits

pre-ICO soft cap— to be decided after WINGS.ai price forecast event
ICO cap — to be decided after WINGS.ai price forecast event (before the pre-ICO) and announced prior to the commencement of fundraising.
Individual donation cap for the pre-ICO — $150,000.

Act token price = Total amount fundraised / 80 billion tokens

At the end of this article I just want to say "let's join" if you want more information please visit:

Official Website : https://www.daoact.org/

Download Whitepaper : https://www.daoact.org/whitepaper/

ETH address : 0x3603576F910aC545006eADbfEe5798202Ed07a45