DAOstack An operating system for making decentralized autonomous organizations

in daostack •  7 years ago  (edited)


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DAOstack.png

DAOstack An operating system

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DAO stands for Decentralized Autonomous Organizations. DAOstack is an operating system for making decentralized autonomous organizations. Decentralized organizations are the institutes of the future, which is appreciated by all who know bitcoin and blockade.
DAOstack is designed to accelerate the future collaboration. It is a decentralized platform that enables enterprises to self-organized shared goals easily, effectively and efficiently.
When an organization becomes larger, it then must adopt some solid rules that should prevent it from responding to an appropriate way to the challenges. According to the DAOstack team, this is the fundamental and basic problem in human relations now a days.
According to DAOstack, this problem needs to resolved by creating an open source platform that allow one’s to create DAOs that may evolve over time.

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How does DAOstack work

In the DAOstack operating system, large scale organizations are made from small units called agencies. These agencies consist of individuals which is called agents. This agents can submit proposals that require and answer in “YES” or “NO” and the voting on that proposals made by other agents internally within the agency.

Every agent has a voting power symmetrical to other agents reputation within the agency.
When a proposals are made, they wait in a queue to be voted upon. When there is a proposal in the queue, it considered to be OPEN. And once a proposal is open, it will be closed in a finite set of time. The amount of time being decided by the rules of the agency. If the majority change the statues from “YES” to “NO” on last day of the proposal, the proposal will still open for another day. And this process will continue till the majority does not change on the last day given. And after it, the proposal will considered to be as CLOSED.

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DAO ecosystem

Arc

The base layer of the stack is called Arc. It consists of bits and pieces of governance infrastructure, which is mentioned before. It is a library based on Ethereum blockchain, which enable state of the art enterprises to be easily deployed.

Arc.js

Arc.js is JavaScript library that enable front-end developers to easily create and build applications on top of Arc.
Due to Arc.js, any organization has the option to build a custom interface which is suitable to its own use cases.

Application layer

Most of the users of DAOstack may not be a software engineers or blockchain developers, but rather they participate in decentralized organizations. This individuals will be interacting with the DAOstack primarily through the DApps, which is built on Arc and Arc.js.

Source

Alchemy

The first ever application being built on the DAOstack is Alchemy. Alchemy is instinctive user interface for resource allocation and budgeting for decentralized enterprises.
Alchemy is simply a user interface, which is compatible with multiple applications.

Arc.Hives

Arc.Hives are set of shared registries, which is designed to enhance interoperability between DAO’s & DApps.
Hive is a registry of offers used to enhance the sharing of resources throughout the DAOstack ecosystem.

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DAOstack Development team

The best minds of Israel, United States of America and other countries together put joint efforts in the DAOstack project. All of the team members have successfully implemented some decentralized management systems. All of them have a better idea of decentralization.

Natalia Scherer

She is a system engineer who can successfully operates in complex systems of interactions.






Oren Sokolowsky

He is a well experienced software developer who can converts ideas into code.





Matan Field

Ph.D. in Physics. He is perfectly oriented in decentralized management.




More Team Member's in one Picture

Source

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ICO detail

General Detail

The DAOstack ICO was lunched on 8 May, 2018 and end on 8 June, 2018. Large amount of Investors were participated.

Website : Visit
White paper : Read
ICO Time:08 May 2018 - 08 June 2018
Country : Gibraltar

Token information

DAOstack tokens are abbreviated as "GEN" tokens. One token was estimated 1 US Dollar. The goal was to raise $30 million’s in total.


Ticker : GEN
Platform : Ethereum
Token Type:ERC20
Available for sale:40,000,000 GEN
Total supply:60,000,000 GEN

Financial

The financial detail os DAOstack is:


Raised$ 30,000,000
Price:≈ 1 USD
Accepting : ETH
Soft cap : 5,000,000 USD
Hard cap : 30,000,000 USD

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Summary

DAOstack is an operating system for making decentralized autonomous organizations. DAOstack is designed to accelerate the future collaboration. It is a decentralized platform that enables enterprises to self-organized shared goals easily, effectively and efficiently.
In the DAOstack operating system, large scale organizations are made from small units called agencies. These agencies consist of individuals which is called agents. This agents can submit proposals that require and answer in “YES” or “NO” and the voting on that proposals made by other agents internally within the agency.

DAOstack.png

Learn more about DAOstack

DAOstack Website
DAOstack Summary
DAOstack Medium
DAOstack YouTube
DAOstack Twitter
DAOstack Reddit
DAOstack Frequent ask question
DAOstack WhitePaper
DAOstack Telegram

DAOstack.png

This is my entry for @originalworks contest
Contest Link: https://steemit.com/crypto/@originalworks/370-steem-60-bonuses-sponsored-writing-contest-daostack

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