DAOSTACK is an OS for latest shapes of organizations:
The DAO or Decentralized Autonomous organizations have captured the imagination of the sharp brains in the advance block-chain space, but despite their promise have so far remained an abstract plan. One major spot of failure is the lack of a deep framework for decentralized block chain based governance. At the core of the DAO STACK, ARC is an open, world framework of intelligent agreements for decentralized governance & collective worth management over the block chain.
Just as HTTP enables the making and interoperability of sites and web apps, Decentralized Autonomous organizations STACK allows the making and interoperability of web firms, collaboration apps, and Decentralized Autonomous organizations s as well as the alignment of their attention. The outcome is a new web of public collaboration in that collectives can self-made around shared aims and values, above pure economic development. We rely on this be a vital selection in the evolution of community toward a more cooperative and sustainable upcoming time.
The futures of the Organization
The capability of well made and coordinate a wide number of individuals is one of the largest forces (as well as drivers), which has gone via the regular evolution over the centuries. In this phase, we explain the challenges of the legacy organization now, and a new possible shape of web organization: The Decentralized independent organizations (DAO).
Legacy Organizations
Teamwork of agents boosts their effectiveness with respect to external competing platform forces. This is the core origin of the firm and the reason organizations wish to develop. Although, coordination of a wide number of agents is hard and costly, and that is the main reason organizations can’t develop indefinitely.
When developing organizations need more rigid system in place and therefore face of developing challenge to maintain with respect to quickly changing conditions and b) protect alignment of attention, engagement and trust between their members, in short, the wider an organization is, the more inner friction it requires to cope with; the shorter it’s, the more inner competition is predominant. The real size of a firm is normally the sweet point of balancing among these 2 forces.
When in a while, the intro of a new tech or paradigm moved allows the reduction of coordinational rate, pulling up the sale and effectiveness of organizations to new standards. It triggers a transition in the landscape of work and companies, and thereafter a social adjustment too, as was perfectly the case with the invention of crewed sourcing and the internet itself.
The internet enabled for an open, actual time and P2P info exchange on a worldwide scale. As such, the internet Media has become more effective scalable than usual media outlets and has rapidly assimilated the latter. Even though the internet by itself doesn’t support open P2P (Peer to Peer) exchange of value and usual purpose coordination and is therefore restricted in its potential to power worldwide cooperation.
The Blockchain
The block chain is the 2nd run online revolution, doing business and value what the internet has completed for info and media. It enables unprecedented levels of crowd synchronization by eliminating altogether the problem of trust and error, and consequently shapes of technological cores for decentralized independent organizations.
A DOA is a new kind of scalable, independent cooperation that is managed by intelligent agreements on the advanced block-chain. A lot of believe that DAOs own the promise for the upcoming business and work but regardless of a lot of traction in the block-chain society across the project, a successful governance structure and operational cores of DAOs remains mission.
Agencies
The building block chains of Decentralized Autonomous organizations are intelligent companies, or firms (we’ll use those terms interchangeably). A firm is an atomic governance team that is controlled and managed with intelligent contracts on the modern block chain system. It has its own token (related to advantages of the firm’s resources), its own value system (connected to credibility and influence in agency matters), and its won governance structure (it’s by rules encoded in smart agreements).
The governance protocol embedded in the intelligent agreement of a company can be anything one can come up with. An easy example is a proposal based governance structure with yes or no majority vote on suggestions required for approval and execution (that are one action in intelligent agencies). A suggestion might be about token distribution, for instance, and votes can be weighted by the voter value.
HOW the foundations of a thriving decentralized independent organizations ecosystem
DAOSTACK runs on GEN
GEN token is the is the native token of the DAOSTACK platform, core operations across the DAO STACK system such as promoting suggestions will need the spending or owing of GEN tokens. GEN tokens will be distributed to participants of value via the DAO STACK system itself, incentivizing growth, adoption, and promotion.
GEN Token Distribution
• 20 Million GEN to the Decentralized Autonomous organization's stack company (in Gibraltar) – 10 Million from that for advisors, founders, vested for three years and 10 Million from that reserved for upcoming contributors
• 40 Million GEN for ICO sales (Private Plus Presale Plus Public sale)
• 40 Million GEN reserved for upcoming contributors (and possibly upcoming sales) as managed by the DAO stacks Genesis Decentralized Autonomous organizations through its own platform.
• April 24th is Public Sale date, BONUS is vested for three months
• Price each token: 0.9 USD (ETH pegged to USD at the spot of sale)
Token details:
• Token: GEN
• Type: ERC: 20
• Total tokens: one billion
• Hard cap: 30,000,000 USD
• Platform: ETH
• Country: Israel
For more details and DAOSTACK’s social platforms please use the following sources:
• WEBSITE: https://daostack.io/
• WHITEPAPER: https://daostack.io/wp/DAOstack-White-Paper-en.pdf
• YOUTUBE: https://youtube.com/c/daostack
• TWITTER: https://twitter.com/daostack
• TELEGRAM: https://t.me/DAOstackChannel
author info: https://bitcointalk.org/index.php?action=profile;u=1882104;sa=summary
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