X
893 Views

DAOstack: Catalyzing the Future of Collaboration

Spread the love
  • 1
    Share

DAOstack is an exciting blockchain technology project with a product launch this spring and a token sale beginning May 1.

Designed to catalyze the future of collaboration, DAOstack is a platform for decentralized governance that enables decentralized companies, funds, and markets to easily self-organize around shared goals or values. DAOstack is sometimes called an operating system for collective intelligence, or a WordPress for DAOs.

The platform includes a flexible smart contract framework, a friendly javascript developer environment, and an intuitive user interface that allows anyone to create or participate in a decentralized organization without technical knowledge.

Most of the expected proceeds from the DAOstack token sale will be reserved for management by a DAO fund, in which the community of GEN token holders will create proposals for the allocation of resources.

The Need

The movement toward decentralization, in which networks of peers self-organize to act collectively without concentrated power centers, has arisen as an exciting alternative to conventional top-down organizations. One such type of organization, the DAO – or decentralized autonomous organization – has become popular in concept.

Up until this point, however, the decentralization movement has not yet scaled. One main reason has been the lack of effective governance and technology solutions to coordinate decision-making among large groups. DAOstack provides that solution.

The Approach

DAOstack is designed not to be a fixed offering in decentralized governance, but rather a sandbox for ongoing experimentation, in which bits and pieces of governance infrastructure can be easily mixed and matched for each organization, like LEGO building blocks or WordPress templates. It’s also built to be highly accessible, serving the needs of everyone from blockchain-governance programmers to the most technophobic DAO participants. DAOstack also makes it easy for developers to build custom front-end applications based on the stack’s back end.

DAOstack Use Cases

Collaboration: Imagine a film project of 1,000 artists, an open-source software project of 10,000 developers, a climate initiative of 50,000 scientists, or a collaborative news network of 100,000 journalists.

Asset Management: Imagine decentralized versions of venture funds, insurance networks, charitable funds, or real estate investment collectives.

Curation: Imagine decentralized versions of restaurant or hotel guides, similar to Yelp or TripAdvisor; article or video feeds, akin to social news feeds or Reddit; or website listings, like a socially curated Google search

The Collaborative Economy

DAOstack is designed to underpin not just individual organizations but an entire ecosystem of interoperable DAOs, able to share talent, ideas, and learnings. DAOs will even be able to act as members of other DAOs, creating a fluid “DAO mesh” or “internet of work”. DAOstack envisions tens or hundreds of millions of people are participating in this kind of collaborative economy – one in which no one wields a disproportionate amount of power, all are rewarded in proportion to the value they contribute, and everyone is incentivized to act in alignment with the common good.

The GEN Token Sale

GEN is an ERC-20 token and the native token of the DAOstack platform. Basic operations across the DAOstack ecosystem, such as boosting proposals into the collective attention, will require the spending or holding of GEN. GEN will be also be distributed to contributors of value through the DAOstack framework itself, incentivizing development, promotion and adoption.

Presale: May 1, 2018 at 4:00 am GMT

Main sale: May 8, 2018 at 4:00 am GMT

Hard cap: $30M

Total tokens: 60,000,000 GEN

Tokens to be sold: 40,000,000 GEN

Addt’l tokens reserved for the Genesis DAO, a community-managed fund

Whitelist: https://daostack.io/

Website | Short Film | Telegram | YouTube


Spread the love
  • 1
    Share
loading...

You may be interested

The Israeli Man Who Stole 1,000 Bitcoins Was Indicted
News
2965 views
News
2965 views

The Israeli Man Who Stole 1,000 Bitcoins Was Indicted

Adriana Midrigan - May 21, 2018

Hilmi Git, based in Hebron, Israel, is suspected of conducting a series of fraudulent transactions. He is accused of making…

This is the First UK-Based Mosque to Accept Cryptocurrencies
News
957 views
News
957 views

This is the First UK-Based Mosque to Accept Cryptocurrencies

Adriana Midrigan - May 21, 2018

The Shacklewell Lane Mosque based in Dalston, London, may become the first Britain-based Mosque to adopt cryptocurrencies. Also known as Masjid…

Parity to Terminate Its PICOPS ICO Passport Service Due to GDPR
News
874 views
News
874 views

Parity to Terminate Its PICOPS ICO Passport Service Due to GDPR

Lorena Boanda - May 21, 2018

PICOPS, a service created and hosted by Parity Technologies that allows individuals to associate a single Ethereum address to their…