NEW YORK, NY / ACCESSWIRE / June 8, 2018 / The highly-rated Decentralized Accessible Content Chain (DACC) project is pleased to announce that it has received overwhelming support from institutional and private backers for its private token sale, which was oversubscribed within a matter of hours.
The sale, which runs from 1 – 9 June 2018, had an initial target of 14,000 ETH. Within several hours of the start of the sale, it has garnered over 40,000 ETH worth of transactions for its native DACC tokens.
The DACC platform is the world's first decentralized Identity and Access Management (IAM) content chain that gives users and content creators methods to securely initiate, store and manage access permissions to their data and intellectual property (IP). Dedicated to solving the issues of unclear and abuse of content and user data rights in the digital media industry, DACC's IAM technology ensures content creators and owners have full control over how their data is accessed, shared and monetized. In addition, a full suite of developer tools will be available for developers to build any content-related platform and decentralized application (DAPP) on top of DAC’s platform and infrastructure.
It has been rated as one of the most noteworthy blockchain projects in Q2 2018 by Influencive and has been featured in Forbes, Entrepreneur, Inc, and more.
The project has already completed the design of its core IAM-based distributed file system as well as its original DAPP Demo development, and will be moving ahead with developing its bottom public chain. The rapid progress stems from the core team's deep expertise in the blockchain and software sectors, as well as leveraging on the experience of its 128 world-class advisors, partners, and investors such as TRON, Consensus Capital, D Fund, Crypto Capital, Block VC, Kim's Capital and GIFTO.
Additionally, DACC has significant community support. DACC’s foundation partner, Sky, is the co-founder of the 3 AM community and 499 Community. The project not only has China's largest community support, but also has hundreds of thousands of overseas community supporters.
Check out the DAC Whitepaper - http://www.dacc.co/whitepaper/Dac.pdf
Chat on Telegram - https://t.me/dacc_official_group_english
About Decentralized Accessible Content (DAC)
Decentralized Accessible Content (DAC) is revolutionizing the digital content and media industry. As a public blockchain featuring content ownership and access management at the infrastructure level, the DAC platform is set to introduce a new interactive way of experiencing digital content with an innovative token economy that incentivizes and rewards content creators and consumers.
SOURCE: DACC