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Description

Description


DAOstack is an operating system for Decentralized Autonomous Organizations (DAOs). DAOstack provides customizable tools for collective resource management, decision making, budgeting and incentivisation, which make the development of decentralized apps easier and more intuitive. GEN is an ERC20 token based on the Ethereum network. It's the native token of the DAOstack platform and it's required for all basic operations across the DAOstack ecosystem – such as promoting proposals. GEN will be distributed to contributors of value through the DAOstack framework itself, incentivizing development, promotion and adoption.

Full Name DAOstack (GENS)
Start Date 2018-01-05
Algorithm ETH Token
Proof Type N/A
Website https://daostack.io
Twitter @daostack
Facebook N/A
Reddit https://www.reddit.com/r/daostack/
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


DAOstack is an operating system for Decentralized Autonomous Organizations (DAOs). DAOstack provides customizable tools for collective resource management, decision making, budgeting and incentivisation, which make the development of decentralized apps easier and more intuitive. GEN is an ERC20 token based on the Ethereum network. It's the native token of the DAOstack platform and it's required for all basic operations across the DAOstack ecosystem – such as promoting proposals. GEN will be distributed to contributors of value through the DAOstack framework itself, incentivizing development, promotion and adoption.

Team:

  • Matan Field: CEO and Architect
  • Adam Levi: CTO and Technology
  • Nathalia Scherer: Community and Biz Dev
  • Josh Zemel: Communications

The DAOstack ICO will start on the 01st of May and will last until the 7th of June. The ICO token allocation represents 40% of the total token supply and will be available for a 1 USD base price and can be purchased with ETH. The ICO funding target and cap is set at 30M USD.

Token Reserve Split (60%):

  • 40% to be managed by the Genesis DAO using DAOstack's Alchemy itself to develop the project and ecosystem,
  • 10% current contributors,
  • 10% current & future contributors 
ICO Status Finished
Token Supply 60000000
Start Date 2018-05-08
End Date 2018-05-09
Fund Raised (BTC) N/A
Fund Raised (USD) 8000000
Start Price (USD) 1
Security Audit Company Chain Security
ICO Legal Form Non-profit
ICO Jurisdiction Gibraltar
Legal Advisers Zag-S&W
Blog https://medium.com/daostack
White Paper https://daostack.io/wp/DAOstack-White-Paper-en.pdf
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