when managing large groups of people, the hierarchy is built from the top down. Take any industry where there is a management system and you will observe a similar system of government. But in all situations, such a management structure do not have best results because interests of each participant in the structure will not take into account. another problem is Those people who have their own business know how difficult it is for a business to take on all the risks, and the full weight of decision-making, sometimes a business partner comes to help and things get easier. DAOstack just offers this option to you. The options for the existence of such collectives are usually called DAO (Decentralized Autonomous Organizations) from the first word you could already understand that such organizations may not be in one place, but function with the help of participants located in different parts of the world also DAOstack platform will allow opinion of all participants will be taken into account.
What is DAOstack?
It is nothing more than an operating system for managing DAO.The project has been in development since quite a long time. A partnership agreement has been concluded with such projects as Gnosis and Endor. The DAOstack project is created as a system designed to solve the problems of using collective intelligence. The idea of a "decentralized autonomous organization" (DAO), in which all functions of a manager are managed by smart contracts. The public source creators from around the world can work together in a wide range of D applications. And that's why the team took into account the experience of past projects and is ready to offer a more advanced solution.
How does DAO work?
The DAO is an open source tool, capable of consensus among the participants in the changes. Now they have become possible due to the development of ETH. ETH is an open block chain that acts as a decentralized digital tool for implementing P2P agreements. As mentioned earlier, the DAO is a company that is governed by laws and coded in intellectual harmony and operates on a block chain. There are many methods that DAO works, such as trading tokens, consensus, proposal, contracts, autonomous voting.
• Transaction ID: DOA needs an internal procedure that is vulnerable in several ways and has the skills to use the procedure to reward certain activities. The DAO does not have a hierarchical system, no leadership, or leaders.
• Independent: operating a unit that is autonomous from its creators and does not depend on external forces. Thus, they will exclude the participation of a third party in financial transactions.
• Suggestions: The main way to create a solution in DAO is to offer.
• Contractors: DAO can not create an item, write code, or create hardware. This requires the contractor to fulfill its objectives. Contractors are distributed by voting the owners of the tokens.
• Consensus: in this DAO allocation component, most stakeholders must agree on a solution. If errors are found in the code, they can not be resolved until the voting process is carried out.
• Voting: after the submission of the proposal, a vote is taken. DAO allows people to exchange financial value with any person in the world, for example, attracting money, investing, borrowing, lending, without the help of any intermediary, only trusting the code.
The future of the organization
The ability to organize and organize a large number of people (and drivers) of society that it has undergone a constant evolution for thousands of years. In this chapter, we will talk about the problems facing today's organization, and about a new possible form of online organization: DAO.
Old organizations
Collaboration of agents increases their effectiveness with respect to external competitive market forces. This is the main origin of the company. However, the coordination of a large number of agents is complex and expensive, so organizations can not grow infinitely. When they grow, organizations need a more rigid structure and therefore face a growing challenge: (a) to maintain efficiency in the context of rapidly changing conditions; and (b) to maintain the coherence of the interests, trust and commitment of their members. In short, the larger the organization, the more internal frictions it must deal with; The smaller this, the more external competition prevails. The actual size of the company. From time to time, the introduction of a new technology or a paradigm shift helps to reduce the effectiveness of the organization.
The Internet is allowed to exchange information in real time, in real time and a peer-to-peer node on a global scale. As a result, online media became more effective than traditional media, and were quickly absorbed by the latter. However, the Internet itself does not support an open, partner exchange of values and coordination of common goals.
Partners
The platform is already integrated with various Dapps, which also increases the interest in the project.
Team
Matan Field-CEO and Architect
Leading expert in the field of decentralized management and detachment. He received PhD in physics and mathematics at the Weizmann Institute of Science (the leading research university). . From 2015 to 2016 - Cofounder and CEO of Backfeed. Backfeed - pioneers in the market of developmental blocking, a certain prototype DAOStack, as they have a similar idea. The company employs up to 50 employees.
Adam Levi-STO / Technology
Expert in the field of technology blockade. Received a degree in physics from the Israeli Institute of Technology. Earlier he was an engineer of radar technology in the army of defense of Israel. Has experience of 22 years in writing code.
Dor Garbash-Head of Alchemy
Expert in the field of technology cooperation. Phd in Applied Computer Science Paris Descartes. a serial entrepreneur with experience in digital media, products and management of complex projects.
Erik Rodrigues-Community of Management & Research
Independent researcher and public organizer. South School of Internet Governance and former project manager for start-up companies and non-profit organizations.
Nathalia Scherer-Business and community development
Creator of cultures and viable systems. A follower of the Dalai Lama and a system engineer based on social innovations and solving difficult tasks. Mutual understanding, with several stakeholders, builds around the common good. Artist, expert in solving difficult problems and a pilot of a paraglider.
Tibet Sprague-Head of Technical Department Alchemy
An experienced entrepreneur and technical manager. He has 25 years experience in coding, and 15 years experience with two successful implementations as vice president of engineering at NRG and 1BOG.
Danilo Vaz-Community of Management & Research
The creator of the copy-paste. A fan of complex systems. Lover of communities. Supporter of open source and purposeful educated designer.
Aaron Brodeur-Alchemy Design & UX Project
Multidisciplinary designer, developer and entrepreneur. 15 years of experience with two successful developments. The developed products reached millions of users (battle for the network, 1BOG).
Oren Sokolowsky Senior-Developer
Defender of the idea of decentralization and a dreamer. Highly qualified full-time software developer and team leader. Has more than 20 years of experience in various projects related to software development. An enthusiast who transforms ideas into code.
Roberto Klein-Legal and Financial Issues
An investor and entrepreneur specializing in such areas as regulatory regulation of blockages, IPOs and corporate / start-up financing. Master of Science, MBA.
Shira Smilanski-Administrative Functions
Personal guide and consultant. In the past, the head of the training department at the Intel Development Center (IOC), Israel. Teacher and student.
Yehonatan Goldman-Operational management
A great scholar and specialist in operational management. Since 2014, the investor and researcher in the field of crypto-currency. Winemaker and archaeologist.
Primavera De Filippi-Alchemy
Permanent Researcher at the National Center for Scientific Research ICNRS in Paris. Member of the Board of Harvard Law School.
Matan Tsuberi-Developer
A full-fledged developer and software engineer. Passionate technologist with a special interest in decentralization, physics and artificial intelligence. He loves music.
Patrick Rawson-Community of Management & Research
An enthusiastic blockchain and an ambitious economist. Winner of social network marketing.
ICO info
Project- DAOstack
Platform- Ethereum
Type of the token- ERC20
Token symbol- GEN
Generic release of tokens- 60 000 000
Number for sale- 40 000 000
Minimal fee- 5 000 000 USD
The maximum fee- 30 000 000 USD
Price of the token- 1.00 USD
Payment- ETH
The ICO itself consists of three stages: private sale, pre-sale and the main sale of tokens. Private sale begins with an amount of $ 100,000 equivalent to ETH and the price of the token at this stage is negotiable. This stage is carried out before the sale.
The main sale will begin in a week after the start of the pre-sale, that is, on May 8, 2018, at the same 4 hours. It will last until reaching a total fee of 30 million or within 30 days, whichever comes first. The price is also 1 dollar and the minimum amount for participation is all the same 1 ETH, but at this stage there are no more bonuses.
Link to the website - https://daostack.io/en/home
Group in Telegram - https://t.me/daostackcommunity
Official Reddit - https://www.reddit.com/r/daostack/
Official Twitter - https : //twitter.com/daostack
Whitepaper - https://daostack.io/wp/DAOstack-White-Paper-en.pdf
Prepared by:
Bitcointalk Username: chamika888
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1261329
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