Hello dear readers, in recent years there has been a huge number of new projects using blockchain technology. It is increasingly difficult to understand and choose the better ones. In general, investing in a cryptocurrency is a risky undertaking and if you still decide on it, then you should be very careful in choosing the investment project. In the bulk of them can be divided into 3 groups:
- Companies that create a project from scratch. They usually do not have a well-known team, there are no experienced advisers and no experience in conducting ICO. Usually, there are few heipa around such projects and they have small ratings. As a result, the project does not collect the required amount. At best, the investor loses his time but returns the money back.
- Companies originally planned as a "scam". Again, a little-known team that plans to appropriate the money collected for ICO. There is a special agiotage around them, sometimes ratings are bought to increase the level of trust. As a result, the investor loses his money.
- Companies that create either a non-quality product or a product that does not need blockchain technology. These projects are not necessary for investors and they are not in a hurry to carry their money there.
Investing in such projects, you run the risk of being left with nothing. In this article, I want to dwell on a particular in my opinion blockchain project, which positively proved itself from all sides. As is known, decentralized systems are particularly popular, which increase and optimize the efficiency of work. This project already has a ready-made MVP, you can read it through the link
So, I bring to your attention the company DAOstack - a platform for decentralized management and effective organization of goals and objectives. This is a kind of operating system designed for DAO (Decentralized Autonomous Organizations), it can be called Wordpress for DAO.
The team was chosen very professionally. Director and inspirer Matan Field is a leading expert in the field of decentralized management. Candidate of physical and mathematical sciences. There are graduates of Harvard and programmers with experience in Microsoft and other large corporations.
The list of advisors includes such major players as:
- Yoni Assia is the founder of CEO eToro.com, board member of Meitav Dash. One of the pioneers of the crypto-currency trade;
- Martin Koppelmann is the co-founder of CEO Gnosis. Entrepreneur and ideological leader in the field of blockchain;
- Jordan Greenhall is a co-founder of MP3.com. One of the leaders of the Deep Code movement.
- Daniel Schmahtenberger is the co-founder of Neurohacker Collective. The founder of Critical Path Global.
I want to draw your attention to the fact that DAOstack has very high ratings - ICODROPS (80/100); GODONE (95/100); ICOBENCH (3.9), which undoubtedly increases the level of trust in the project. There are also partner agreements with other solid blockbuster projects, such as Endor, Sapien Network, and Gnosis, as well as with funds and software companies.
Basics of the DAOstack ecosystem
The DAOstack platform is launched in the spring of 2018, includes a modular structure of smart contracts, a friendly environment for JavaScript developers and an intuitive user interface that allows anyone to understand even without special knowledge.
Developers primarily designed DAO not as a fixed proposal in decentralized management, but as a sandbox for experiments in which blocks can be easily compiled and changed for each specific situation, as well as LEGO blocks or WordPress templates. The team managed to create from scratch "stack DAO" - modular in nature and open source.
stack DAO
- Arc - the base stack layer is a kind of library of smart contracts implemented on the ethereum network. The management structure consists of small blocks that can be easily added, merged, edited or deleted. Open source allows both developers and third-party programmers to add new blocks and modules.
- Arc.js - this is a JavaScript library that allows programmers to create Arc applications without knowing the technology of blockchain DAOstack allows any organization to create a user interface that is used for its own needs.
- The Application Layer - the bulk of DAOstack users will not be developers and programmers and will only interact through Dapps built on Arc and Arc.js so Sapien already uses DAOstack for social news, and Menlo for the decentralized financing of blockchain projects.
- Alchemy - This is the first application created on the stack to work with the budget and the distribution of resources of decentralized organizations. Thanks to Alchemy anyone can create DAO in a few clicks.
Where can use DAOstack?
Thanks to decentralization, it became possible to coordinate a large group of like-minded people for making collective decisions, which in turn opens a lot of options for implementing DAOstack:
- Work - the film industry, art, news agencies, open source projects.
- Asset management - insurance, pension, charity, etc.
- Supervision - restaurants, hotels, social networks, lists of web sites, etc.
- Participants can interact with each other from anywhere in the world, discuss, work and make joint decisions.
Token GEN
In order for the management system to be effective, it is necessary to call attention to the relevant subgroups. To do this, a GEN token can be used, which acts as a token of attention in the DAOstack ecosystem. With the GEN token, you can not buy the right to vote, but you will be able to place your vote for or against a proposal that will subsequently be accepted or not. If you make a bid for a proposal that is accepted, you get more GEN. If you bet for a proposal that is rejected - you lose your GEN. And vice versa.
In addition, GEN will be the main currency for building the DAOstack ecosystem itself, and platform participants will be rewarded with tokens.
Conclusion
The DAOstack ecosystem is unique in its kind. The platform has great prospects and the necessary functionality for the development of the system in the future using the open source code. A huge plus is that it has a ready MVP and almost no analogs in this segment.
Crowdsale
DAOstack - token GEN, compatible with ERC20 Ethereum
Total tokens - 40,000,000 GEN
1 GEN - 1 USD
Softcap - 5,000,000 USD
Hardcap - 30,000,000 USD
Already collected - 8,000,000 USD
can not participate: USA
Official site - https://daostack.io
White Paper - https://daostack.io/wp/DAOstack-White-Paper-en.pdf
Bitcointalk ANN - https://bitcointalk.org/index.php?topic=3334795.0
Telegram - https://t.me/daostackcommunity
Author: Bitcointalk - lesnik_utsa
Telegram - bullsandbears
ETH: 0xdd5dD6e0933ae626133C55a2395BfEEA2cD77D42
This publication is informational in nature. An article should not be considered as an investment recommendation or advice. Readers of this review article must make decisions based on their own judgments, taking into account financial circumstances, investment objectives and the risk limit before investing funds.