DAOstack is an operating system for a new form of web organization: the DAO.
DAOstack is an operating system for a new form of web organization: the DAO. Decentralized Autonomous Organizations have captured the imagination of the best minds in the blockchain space, but despite their promise have yet remained an abstract idea.
The result is a new web of open collaboration, in which collectives can self-organize around shared goals and values, not limited by pure economic growth. We believe this to be a critical step in the evolution of society toward a more cooperative and sustainable future.
Cooperation of agents increases their efficiency with respect to external competing market forces. This is the basic origin of the company and the reason organizations want to grow. However, coordination of agents 3 entails increasing coordination cost as the organization grows, and that is why organizations cannot grow indefinitely.
When growing, organizations need more rigid structure in place, and thus face a growing challenge to:
A DAO isa new form of scalable, self-organizing cooperation, that is operated by smart contracts on the blockchain. Many believe that DAOs hold the promise for the future of business and work, but despite a lot of traction in the blockchain community around this subject, a successful governance system and operational basis for DAOs is still missing.
The building blocks of DAOs are smart companies, or agencies (we will use those terms interchangeably). A smart agency is an atomic governance unit that is managed and operated with smart contracts on the blockchain. It has its own token (related to benefits of the company’s resources), its own reputation systems (related to credibility and influence in company matters),and its own governance system (its “bylaws” encoded in smart contracts).
Arc supports an infinite number of governance elements. Its library of schemes and global constraints will evolve as the DAOstack ecosystem grows, with new templates and modules developed and added by the open-source development community and third parties.
Every DAO’s governance structure is made of small building blocks – governance modules, or elements – that can easily be added, combined, edited or removed. Modules do not need to be redeployed onto the blockchain, but rather only referred to, saving storage and operation costs and enhancing security.
The governance structure of each DAO can easily be upgraded to use new schemes and constraints, or different parameters of existing ones. More granularly, each DAO created through Arc comes with a particular set of rules, which by default include the rules to change the rules.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Public sale —
07 Jun 12:00 UTC
|1. USD||No||Min 0.5 ETH||Uncapped||30,000,000 USD|
01 May 04:00 UTC
03 May 04:00 UTC
Founding DAOstack Gibraltar
Opening the Private Token Sale
Genomics Release (Alpha)
Public token sale