ACT - Citizens First Driving Social Accountability

ACT - Citizens First Driving Social Accountability

What is ACT?

ACT  supports the extent and capability of citizens to hold the state accountable and make it responsive to their needs. It is a next-generation organisation that aggregates funding from citizens targeting change and organises decision-making on an immutable blockchain.

"Social accountability" is the extent and capability of citizens to hold the state accountable and make it responsive to their needs. ACT's co-founders - Fraser Brown from Northern Ireland, and Ian Cunningham from Dublin - believe that a new decentralized autonomous organization (DAO) will help put citizens first.

Fundamentally, ACT (https://www.daoact.org) aims to address the imbalance in power between state action and citizen action globally. When citizens speak out, this imbalance can manifest itself as bureaucratic inertia (nothing happens), or, in worst case scenarios, repercussions and reprisals against those who dare to speak truth to power.

According to ACT's co-founders, who are alumni of Trinity College Dublin's International MBA program, this ambition is made possible through the responsiveness afforded by decentralisation, the efficiency of smart contracts, and the trust provided by autonomous governance.

WINGS (https://wings.ai) combines decentralized decision-making for filtering out low quality projects, valuing and promoting projects via predictions markets. With WINGS projects are moving forward to the stage where members of WINGS DAO are free to promote projects to their social networks.

"ACT is a truly innovative concept in the cryptocurrency space focused on social good, ¨ says Boris Povod, President of the WINGS Foundation Council," We designed WINGS to let people from all over the world to value and promote projects. Excited to have such a team comprised of ACT and their partner Draglet to be presented to the WINGS community. "

"We're delighted to have ACT as a social project on WINGS. "Dominic Zynis, Head of Communications at WINGS," The blockchain community is fantastic - it is the world's largest and most exciting community. Is largely made up of very passionate people who want to make the world a better place. It is encouraging to see the global development goals and blockchain come together in an innovative DAO. With so many high-profile, game-changing DAOs now being proposed, we are excited to see ACT in the early stages of WINGS launch because of its social agenda as well the strength of its technical team ".

Draglet (https://www.draglet.com/), the project's Munich based smart contract developer also expressed confidence in the decision. "We are excited by the timing and potential of WINGS as a launch platform for ACT. We built a prototype in January of this year, which figured out the market for smart contract innovations, and Ethereum projects, "said Draglet's co-founder Benjamin Bommhardt.

"It is very important for us that ACT's development and launch." Said Fraser Brown who had the idea after spending many years as a development finance consultant for international institutions that tackle climate change, food security, Conservation issues, and social justice.

ACT plans to pre-ICO mid July 2017 with WINGS DAO, which runs on the Ethereum network. For more details, please visit http://www.daoact.org.

About ACT

ACT aims to create a sea change in how citizen action is initiated and executed, empowering citizens to better hold their government accountable and make them responsive to their needs.

About Draglet

Draglet is a German company founded in Munich 2013 and specializes in developing Blockchain Applications, Smart Contracts and Bitcoin / Cryptocurrency Exchange Software for businesses. The development team of draglins has been involved in the cryptocurrency world since its initial beginnings and possesses years of experience, providing companies with quality Blockchain applications.

Media Contact: Ben Bommhardt, benjamin.bommhardt (at) draglet.com

About WINGS Foundation

WINGS Foundation is based in Switzerland. WINGS develops DAO technology to enable a new class of emergency incentivized artificial swarm intelligence on the Ethereal network for price discovery. Further, WINGS gives access to best in class smart contracts for blockchain based crowdfunding and for a project's decentralized governance. To learn more please visit: https://wings.ai.

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