What is Daostack ?

minh7296 (37)in #daostack • 6 years ago

Hi guys, welcome back to best ICO channel, this year is the year of ICO, there are many new project was born everyday, but only few of them are good project and worth to invest, today, I want to bring and introduce you a project that is rated with very high score by many crypto influencer, by that I can know this project and make this video to introduce to you. Let’s find out what is it .

The project I want to introduce you is Daostack . DAOstack is designed to catalyze the future of collaboration. It enables large groups of people to cooperate like never before, using blockchain-based decentralized governance to make excellent decisions together. DAOstack is sometimes called an operating system for collective intelligence, or a Wordpress for DAOs

The platform, which launches in spring 2018, includes a modular 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 and reputation holders will create proposals for the allocation of resources.

Why Daostack Was Born ?

Today, Blockchain company starts their life with millions in assets and thousands of community members, but without the capicity to effectively deploy these resources into action. Daostack make developing decentralized application easier than ever before, with customizable tools for collective resource management, decision making, budgeting and incentivisation.

GEN Token Information :

GEN is the native token of the DAOstack platform. Basic operations across the DAOstack ecosystem – such as promoting proposals – will require the spending or holding of GEN. GEN will be distributed to contributors of value through the DAOstack framework itself, incentivizing development, promotion and adoption.There will be 100 million GEN but currently there are only 60 millions, the left will be mintable in the future. 40% of total token will be used for token sale, 40m GEN are mintable in the future, and will be managed by the collective intelligence of the Genesis DAO, the first DAO built with the DAO stack, 10m GEN reserved for future contributors. and last 10% will be distributed for existing team, advisors, and service providers. Team tokens are locked for two years from TGE.

What Does Daostack Have ?

Daostack have blockchain governance, the Decentralized governance based on Ethereum smart contracts enables faultless execution of crowd decisions. And with Programmatic cooperation Crypto-economic incentive design at the individual level empowers frictionless cooperation at the collective level. , And with Holographic consensus, Effective decision-making is possible with edge decisions guaranteed to be coherent with the will of the greater majority.