KuCoin announces today that they have officially listed DACC, the native and trading token of the Decentralized Accessible Content Chain, a blockchain, and IAM based project striving to solve the digital and media content management concerns of the modern society.
Deposits are now possible with trading pairs such as DACC/ETH and DACC/BTC. Other transactions like DACC buying will commence at 19:30 pm UTC+8 and 20:00 pm UTC+8. Traders can execute these processes utilizing KuCoin’s Android and iOS apps, or direct to their website at www.kucoin.com.
About Decentralized Accessible Content Chain (DACC)
Decentralized Accessible Content Chain (DACC) is known as a platform that will transform the digital content and media industry. DACC will build a public blockchain that features ownership and access management at the infrastructure level in the digital media industry. A decentralized file system that includes intrinsic identity and access management (IAM) will be implemented to provide users and content creators methods to securely initiate, store, and control access permissions to their data and IP. IAM guarantees that only authenticated users can access the resources they are entitled to use, and resource owners will have full management over the user verification and authorization process.
The DACC Platform
DACC platform is world’s first IAM based platform which includes three parts, a distributed file system with built-in IAM, DACC public chain, and DACC development tools. DACC will converge on developing a modular based decentralized file system with IAM; this can be plugged in other public chains as well. DACC public chain also features strong IAM controls, with DPOS/VRF Consensus to secure scalability. Additionally, DACC will provide development tools for different parties of the digital media industry, including content creators who have limited development resources, developers who are developing their DAPPs in the digital media industry and other blockchains who need IAM system.
The DACC token is the currency for all activities, gas charges and rewards to block validators and storage providers: (“DACC Token”). Additionally, a special allocation of DACC Tokens will be used to develop the community (10%), DACC software development, system maintenance and security development (15%), also compensate the special contributors and advisors (10%). The price of the DACC Token is 1 ETH for 200,000 DACC Tokens.
DACC Token holders will not be given any shares and management rights over the DACC platform, DACC Foundation and any subsequent company being set up. DACC Token holders will not be entitled to any dividends or income from the DACC Foundation or the DACC platform as a consequence of holding the DACC Tokens.