Project-DARC/DARC
DARC
DARC is a framework for forming and operating decentralized autonomous companies on any Ethereum Virtual Machine blockchain. It combines a custom bytecode-compiled scripting language with an EVM-compatible virtual machine to define and execute company by-laws, governance rules, and financial operations entirely on-chain.
The system provides a multi-level token registry where tokens at different hierarchical levels carry configurable voting power, dividend power, and supply limits, enabling structured corporate roles and ownership. An on-chain voting engine triggers and resolves votes among token holders with configurable thresholds and durations, while a plugin-based enforcement mechanism evaluates conditional rules before or after operations to allow, deny, or require voting on actions. Time-locked parameter governance restricts changes to critical parameters like dividend yield for defined periods, ensuring long-term financial commitments.
Additional capabilities include on-chain dividend distribution that allocates company income proportionally to token holders, and a domain name purchase protocol handling fixed-price or negotiable domain acquisitions with secure payment and transfer. The project's documentation covers the scripting language, virtual machine, token system, and governance mechanisms for deploying and managing autonomous companies on EVM blockchains.
