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Hdac(DAC) distribution has started from 9:00 am, January 25th, 2018 (GMT/UTC+1).
During the distribution process, TGE participants will receive actual 'Hdac(DAC)' which will be used in the future.
Please be sure to complete the Hdac distribution procedure until February 28th, 2018.
All participants MUST install the Hdac wallet to receive Hdac(DAC).
Hdac wallet is available on Android mobile (APK files), Windows PC, and OS X (Mac) PC app.
Please follow the instruction below.
1. Sign in and go to 'My Hdac wallet' menu.
2. Install the Hdac wallet APP and 'Copy' the Hdac wallet address.
3. 'Paste' your Hdac wallet address in 'My Hdac wallet' menu.
4. Please click the 'Check validity' button.
5. Enter the 'OTP code'. (*Required)
6. Receive Hdac(DAC). (Completed in 2~3 business days)
Please refer to the 'Manual' for detailed instructions for wallet installation.
■ 'TGE participation order' is based on the actual date of the first participation since November 27, 2017.
■ Hdac(DAC) distribution may take 2~3 business days.
■ The exchange guide for the presale participants will be announced separately.
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The total issuance amount will be 12 billion dac.
Pre-mined DAC will be used as follows. (14% of the total)
Capital reserve (A+B : 7%)
A 35% of pre-mined DAC will be kept for capital reserve.
35% Capital Reserves
B 15% of pre-mined DAC will be kept by Hdac foundation & Hdac technology AG for capital reserve.
1% Hdac foundation / 14% Hdac technology AG
The Bitcoins raised through presale & TGE will be used as below (C+D+E : 7%)
C 24% of pre-mined DAC will be used to implement Hdac technology.
12% Hdac Core R&D / 5% Hdac IoT Hardware R&D / 7% Operation
D 11% of pre-mined DAC will be used for global marketing,
managing social media channels, advisors, and bounty programs.
11% Global Marketing
E 15% of pre-mined DAC will be used to create infrastructure, ecosystem organisation, liquidity management and activation.
11% Strategic Partners / 4% Business Development
NO ADDITIONAL TOKEN WILL BE ISSUED AFTER COMPLETION OF THE TGE DESCRIBED ABOVE. AFTER THE DEVELOPMENT OF THE Hdac MAINNET, dacs WILL ONLY BE OBTAINED BY MINING ACTIVITIES THAT ARE SPONTANEOUSLY DONE BY INDIVIDUALS.
The Company is not liable for failure to perform solely caused by:
If an event of force majeure occurs, the party injured by the other’s inability to perform may elect to suspend the agreement, in whole or part, for the duration of the force majeure circumstances. The party experiencing the force majeure circumstances shall cooperate with and assist the injured party in all reasonable ways to minimize the impact of force majeure on the injured party.
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