This project is a community-owned EOS block producer and was developed to help build fragmented share-like experience of block production on the main chain. Since the producers will be tasked with huge responsibilities and each one of them would require complex and sophisticated infrastructures to be able to partake in the network’s activities, having a single entity or a few of them hold such rights might invariably defeat the objective of keeping the platform as decentralized as possible.
eosDAC investment is composed of a decentralized autonomous community whose voting rights on the EOS platform would largely depend on a highly diffused ration of the token within the network. It’s an interesting concept, as they lower the entry barriers for a larger majority of EOS coin holders and supporters.
As of May 2018, plans were underway to distribute the tokens as airdrops to holders of EOS and this will ultimately constitute the community-side partnership string.
Those who were unable to obtain the token at the time of the airdrop can still buy EOSDAC on cryptocurrency exchanges. The coin is currently trading on about 8 exchanges having a total of 14 markets. The trading pairs include BTC, ETH, BIX, BITUSD, and USDT.
This is remarkable because, being a new asset leveraging on the existing protocol and course modal of the EOS network, it has gained quite the popularity among these exchanges in such a short period of time and comparable to other tokens, they should be quite easy to locate.
As for storage, being initially an ERC20 token, they can be stored on any compatible wallet such as myetherwallet, just until when the mainnet is online and owners of the coin would be able to use the wallet provided on the new blockchain.