Sunday, April 22, 2018

DAOstack



Hello everyone! Today I want to talk about a really strong projecthttps://daostack.io
DAOstack is an operating system for a new form of organization:
DAO. Decentralized autonomous organizations captured the imagination of the best minds in the blockchain space, but despite the promise they remained an abstract idea. One of the key points of the failure is the lack of a solid framework for decentralized block chain management. Based on the DAO stack, Arc is an open, universal structure of intelligent contracts for decentralized management and collective value management over a blockchain block. Just as HTTP allows you to create and interact with websites and web applications, DAOstack allows you to create and interact with online companies, collaborative applications and DAO, as well as to customize their interests. The result is a new network of open cooperation in which collectives can self-organize around common goals and values, beyond pure economic growth.
DAOstack is the operating system for DAO. Thanks to DAOstack, thousands of open source developers can jointly 
produce decentralized applications (DApps), while at the same time disseminating individual property rights to the co-author of value. Crowds curators can jointly own and manage multi-valued ranking systems to compete against Yelp, TripAdvisor or YouTube. Autonomous networks can carry out collective investments or an insurance fund. We believe that DAO will radically change the way people organize themselves, from startups to corporations, non-profit organizations and even nation-states. DAOstack develops the basic elements needed to enable this transition to the future of work.
DAO is a public source tool. They are now possible thanks to the development of ETH. ETH is an open block chain that acts as a decentralized digital tool to implement P2P agreements. As noted earlier, DAO is a company managed by law and encoded in an intelligent contract and operating in a block chain. There are many methods. DAO operates on the basis of a transactional token, consensus, proposals, contracts, autonomous voting.
What is the DAOstack platform? 
Simply put, DAO Stack is a completely new, functioning structure that can be used to manage DAO. Although the use of this system, public creators of sources from around the world can work together on a wide range of applications D (while also spreading personal property of the subject among participants with a value).
In addition, the entire DAO Stack can also be used by crowd curators to work together and maintain ranking systems, which can then be used for advisory and travel documents, etc. 
The future of the organization 
The ability to organize and organize a large number of people (and drivers) of the society that it has undergone constant evolution for thousands of years. In this chapter, we will describe the challenges facing today's organization and the new possible form of online organization: DAO.
Older organizations
The cooperation of agents increases their effectiveness in relation to external competitive market forces. This is the basic origin of the company. However, the coordination of a large number of agents is difficult and expensive, which is why organizations can not grow indefinitely. When they grow, organizations need a more rigid structure and thus face a growing challenge to: a) maintain efficiency in the context of rapidly changing conditions and b) maintain the coherence of interests, trust and commitment among its members. In short, the bigger the organization, the more internal friction it has to deal with; the smaller it is, the more the external competition prevails. Actual company size. Every once in a while, the introduction of new technology or paradigm shift helps reduce the efficiency of the organization.
The Internet is allowed to exchange information in real time, real-time and peer-to-peer on a global scale. As a result, online media has become more efficient than traditional media and has been quickly absorbed by the latter. However, the Internet itself does not support open, partner exchange of values ​​and coordination of general goals.

The Blockchain 
Blockchain is the second Internet revolution that works for the Internet. It allows an unprecedented level of crowd coordination by completely eliminating 
guilt and trust issues and various forms of technological foundations of decentralized autonomous organizations (DAOs). DAO is a new form of scalable, self-signed collaboration supported by intelligent blockchain contracts. Many people think that DAO have a promise about the future of business and work, but despite the huge drive in the blockchain, DAO is still missing. 
Agencies
The DAO components are intelligent companies or agencies (we will use these terms interchangeably). The agency is an atomic management unit, managed and operated by intelligent blockchain contracts. It has its own token, its own reputation systems, its own management system ("regulations" encoded in smart contracts).
Agency management. A simple example is a management system based on proposals, with yes / no general vote, 
approval and performance (which is one of the activities in smart companies). Proposals may, for example, concern the division of a token, and votes may be weighted by the voter's reputation. We'll give some other examples in the next chapter. In heuristic visualization it may look like this:
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Use cases and applications 
One of the basic D applications to run in DAO Stack is Alchemy, a shared application and a decentralized budgeting system for open source plans, whose demo by CEO DAO Stack's Matan Field can be found here. The holo network also introduced an initial coin offer (Holo), which aims to use distributed agent-focused technology. This will create situations for the communication system in which communities and networks will be encouraged.
The holographic consensus of 
holographic consensus or subjective inter is available on the basis of localized teams (eg intelligent agencies, subcultures, etc.) that allow some subgroups within their association to make decisions in specific situations. For example, they may be delegating below defined limits analogous to the code for calculations outside the chain in guaranteeing the truthfulness of information, eg as in zkSNARK and ID card identification in the case of an oracle. This access enables the exponential route of a huge fractal form of federal management. The database of DAO lines to other DAOs, from the universal version to the specific one, and in the place of central management is simple or irregular coordination between agents.
DAO Stack Genesis DAO launches the ETH main network to enable large-scale collaboration by initiating the allocation of GEN tokens to builders and novice users. This will be completed by continuously creating excellent scalable self-organizing networks through the holographic agreement management protocols.
The basics of the thriving DAO ecosystem
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DAOstack works on GEN 
GEN is a native DAOstack token. Basic operations in the DAOstack ecosystem - such as promoting proposals - will require the issuance or possession of a GEN. GEN will be distributed among payers of value through the DAOstack structure itself, encouraging development, promotion and adoption
713/5000 
Details of the GEN token: 
• GEN token is for this DAO STACK system, basic operations on the platform will require processing of the GEN token. 
• Symbol: GEN 
• Chip type: ERC: 20 
• Total token: 100 M 
• ICO Tokens: 40 M 
• Hard limit: 30 M USD, USD fixed, remaining tokens destroyed 
• Token sharing: 40 percent 
• ICO: 40 percentage 
• Reserve token: 10 percent 
• Team: 10 percent 
• Business development: 1% 
• Price one token: 0.75 USD 
• GEN / ETH is TBD based on the cost of the site 
• MVP: yes 
• GITHUB and MAINNET are introducing over the next few weeks
• Crowd sales bonuses, Advance sale: 0 to 30 percent 
• Strategic bonus with a two-year closing 
time Distribution of token time 
• After sales end in May
GEN Distribution
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PARTNERS
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TEAM
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Consultants
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For more information, please visit: 
Official website: https://daostack.io/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3334795.0
Whitepaper: https://daostack.io/wp/DAOstack- White-Paper-en.pdf
Youtube: https://youtube.com/c/daos


Author: wily27

ETH : 0x31F5A81e9a6C8295423bDBDCC572a48c247BaE2F

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