Jumat, 04 Mei 2018

What is DaOstack

It has been evident from the times of yore that a well-organized action plan can be the mantra to sure-shot success. A well-planned management plan leads to the effective use of available resources which in turn leads to achieving optimum productivity. As a student too, there are many books available in the market and all of them can be viewed as resources from which knowledge can be gathered. In spite of all the books being resources no student goes through all of them, they pick books based on what they want to learn and what the books teach the best. This management is very crucial in a student's life.

Similarly, in businesses too management and effective use of resources lead to desired results. Companies, in the present world, have huge investments in their favour, are owners of assets worth millions of dollars but they sometimes fail to utilize them in the best way leading to catastrophic consequences.
There has been a rise in the need of agencies or companies who would take care of the management and the resource utilization section of business houses in order to meet their targets and flourish with flying colours.
DAOstack is one such company which addresses this problem for companies dealing in crypto-currencies.
Inquisitive about how DAOstack plans to achieve what it claims? Read along to find out about their objectives and other details
To start from the very basic, DAOstack is based solely with the objective to help companies in managing resources, making correct decisions with their customizable tools and other software products.
Here are some reasons that could justify your choosing DAOstack for your needs;
  1. Governs the blockchain in a decentralized manner helping in avoiding flaws in execution of decisions.
  2. Boasts of a fine incentive design boosting cooperation.
  3. Is based on the Etherem Ecosystem.
Let's have a look at the DAO stack
The DAO stack is collection of tools helping to achieve what the company aims for. The ecosystem on which DAOstack is based on allows interaction between multiple DAOs to increase benefits of collaboration. People can interact with DAOs either through the execution of blockchain transactions or depending on the front end of the blockchain ecosystem.
The Arc is a model on which the governance of a network of agencies interact among them. The framework is built in such a way that it is flexible and can be bent to meet the needs of the users.
The main unit driving the agency is the Controller contract. It sends commands to token printers, the wallet. It also has the onus of upgrading the technical architecture and the system of governance based on which the company functions.
The Subscribed schemes are the entities which allow new schemes to be registered and are themselves put into action after being registered by previous schemes.
Some of the other important components of the stack are token printers, reputation printers, the wallet etc.
ICO
DAOstack uses GEN as its ticker and works on the ERC20 token type. The price of 1GEN has been set at 1.00 USD.
DAOstack has released 100,000,000 tokens out of which 40% is available for sale. It targets to earn around $30,000,000 by selling its tokens.
The presale round of token will be live in a little over 12 days.
Conclusion
Budding companies have been hugely benefitted from the services offered by DAOstack as they can now evade the pressure associated with the decision-making process during investments and use of resources. Management has been made a lot simpler with the advent of services offered by DAOstack. If you are struggling with investment thoughts DAOstack is something that you could give a try and there isn't a slight chance of it disappointing you.
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