| Fully Diluted Valuation | $0 |
|---|---|
| 24H Trading Volume | $0 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 46.86M |
| Total Supply | 60.00M |
| Max Supply | ∞ |
| Categories | DEAD 1 more |
|---|---|
| Founder | Metan Field 1 more |
| Name | Pair | OG Score |
|---|
DAOstack Limited, the force behind a project aimed at global coordination, has made a significant strategic move. After facing financial challenges following its fundraising in 2018, the organization has decided to concentrate its efforts on developing Common, a platform for open collaboration.
Background:
Established in 2017, DAOstack Limited set out to create infrastructure for global coordination. Through the GEN token sale in May 2018, the project secured funding. Over the next five years, DAOstack introduced various products, including the Arc modular framework for DAO governance and the Alchemy DAO platform. However, financial constraints became apparent by the end of 2022.
Recent Developments:
Acknowledging financial limitations, DAOstack Limited opted to focus solely on developing Common. While the original vision remains, the organization sees great potential in Common for revolutionizing open collaboration.
The Common Open Development (COD) Program:
To accelerate Common's development, DAOstack Limited launched the Common Open Development (COD) program. This initiative invites contributors to join in developing Common for market success. Participants will receive a license to use and improve the Common product. Importantly, contributors will retain ownership of their contributions. Any potential proceeds from the jointly developed product will be shared based on contributions.
Conclusion:
DAOstack Limited's shift towards developing Common showcases its adaptability in the face of challenges. Through the COD program, stakeholders are invited to contribute to the advancement of open collaboration, paving the way for decentralized governance and global coordination.
DAOstack stands out for its focus on building infrastructure for global coordination, exemplified by its flagship product, Common, designed to revolutionize open collaboration and decentralized governance.
DAOstack was initiated by a team of visionaries committed to global coordination, with DAOstack Limited established as the driving force behind the project.
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