DAOstack Steemit Writing Contest.

in #blockchain6 years ago (edited)

WHAT IS DAOstack all about?

This is a useful operating system that have been developed to make thing's easier for corporations and organizations, their mode of governance have been able to successfully eradicate the presence of intermediaries that affect organizations hazardously.

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If I were to be a user and wanted to implement a design on the blockchain or have any protocols that I need on the blockchain it would be all possible using this operating system.

In Martin Köppelmann's ( A Daostack advisor, CEO of Gnosis and DAOstack partner) words, He says the following about DAOstack

"HOW DO YOU DO GOVERNANCE IN A WAY THAT DOESN'T COMPROMISE ON DECENTRALIZATION, STILL KEEPING THE OPENNESS, AND NOT FALL BACK TO CENTRALIZED DECISION-MAKING?

THIS IS WHAT DAOstack IS ABOUT.

To the best of my knowledge,

DAOstack is the future of collaboration and is comprised of a team of 16 and four advisors.
I present to you DAOstack Team and Advisors
Meet the TEAM

  1. Nathalia Scherer ( COMMUNITY & BIZ DEV)
  2. Matan Field (CEO & ARCHITECT)
  3. Levi (CTO / TECHNOLOGY)
  4. Josh Zemel (COMMUNICATIONS)
  5. Roberto Klein (LEGAL & FINANCE)
  6. Oren Sokolowsky (LEAD DEVELOPER)
  7. Shira Smilanski (ADMINISTRATION)
  8. Yehonatan Goldman (OPERATIONS)
  9. Primavera De Filippi (ALCHEMY)
  10. Dor Garbash (Alchemy lead)
  11. Tibet Sprague (Alchemy Technical lead)
  12. Aaron Brodeur (Alchemy Design & UX lead)
  13. Matan Tsuberi (Developer)
  14. Erik Rodrigues (Community Mgmt & Research)
  15. Danilo Vaz (Community Mgmt & Research)
  16. Patrick Rawson (Community Mgmt & Research)
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DAOstack Advisors


DAOstack history is pretty amazing.
DAOstack birthed from a meeting between two great minds on person of Adam and Matan who simply met at the Technion and after sometime met again on the blockchain.

The timeline of DAOstack began from
A Beginning, over to Early R&D in 2016, In January 2017 DAOstack Genesis gave rise, in March 2017 DAOstack proof of concept developed, in the month of May 2017 what do we've? Their whitepaper draft, in September 2017 there was the founding of DAOstack Gibraltar, in November 2017 there was the opening of their private token sale, in February 2018 the released their Genomics (Alpha), and just last month May 2018 ( their public token sale took place)

Now if you're just hearing about DAOstack here is an opportunity to learn more about them.

There is a whole lot about this operating system DAOstack and there is a lot to learn about them ranging from their token sale, white paler, videos, forum, blog, etc and it is pretty easy to connect with them via Telegram, Twitter, Reddit, Email, Newsletter.

I would provide you with the company's websites on various platforms but before you get so keen to research more, enjoy the read about what I've for you about DAOstack

DAOstack
DAOstack
DAOstack Website
DAOstack Summary
DAOstack WhitePaper
DAOstack Telegram
DAOstack Twitter
DAOstack Reddit
DAOstack Newsletter
DAOstack Github
DAOstack Medium
DAOstack YouTube
DAOstack Token Sale FAQ
And this is the link to @originalworks post where I got to know about this contest
Click on this

So back to what you need to know about DAOstack

Now most companies needs to be powered by DAOstack you may ask why?

At this minute I'm referring to those companies with reduced authority if their governing body which distributes the authority amongst several bodies by this I'm making reference to decentralized companies.

You may begin to wonder what DAO means?
D stands for Decentralized
A stands for Autonomous and
O stands for Organization.

With DAOstack, this platform offers important decentralized governance factors such as Resiliency, Efficiency and Scalability.
DAOstack have come to support companies and organizations that are decentralized with their collective approach so as to build a functioning ecosystem with an entirely new toolkit that coordinates certain task of human being's with a fully open architecture that brings more eyes on the code.

"DAOstack= AN OPERATING SYSTEM FOR COLLECTIVE INTELLIGENCE"

It isn't easy making decisions, as humans we all have various decisions and ideas concerning a matter and when you make it as a head of a body you want your opinions and suggestion's to stand even when funds are involved in a project.

With DAOstack this team aim at making fast and innovative decisions for companies and organizations.

Imagine cooperation been the winning strategy in an economy, it would be easier to achieve more outcomes and higher gain and in fact lesser failures from unsure ideas and opinions in a self organized collective.

DAOstack is powered by Ethereum and on DAOstack
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And there is Blockchain governance, Programmatic Cooperation and A Holographic Consensus.

HOW DAOstack would change the way cooperation and organizations are run.

DAOstack brings into play a collaborative economy. The developed interoperable community would be able to share the following: Sound Ideas, Talent, Learning's.

DAOstack is ready to change the way corporations run even up to the point of making everything balanced, no one is having more voting power when he or she doesn't work for it.
You're commended just according to what you contributed on this network.
All goals of team members is in alignment.

DAOstack have been able to create even viable solutions to corruption, as much as it is decentralized changes can still occur in the core tech to balance things up.

And let's not forget this key factors provided RESILIENCY, SCALABILITY AND EFFICIENCY with this implemented a whole lot of changes can occur in companies.
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"There would be a faultless execution of crowd decisions".

"There would be a frictionless cooperation at the collective level".

" Corruption issues would be erased, intermediates that always create inefficiencies would be eliminated ".

HOW DAOstack CAN IMPROVE THE COST, EFFICIENCY AND STRUCTURE OF ORGANIZATIONS.

Through their approach, the structure of DAOstack: DAOs, dApps, Alchemy, Arc.js, ArcHives, Arc and the Arc framework though evolutionary would work for the benefit of scalable governance.
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DAOstack also creates decentralized versions of a whole lot in the interest of organizations.

Taking a close look at their Alchemy which is the first application created on DAOstack, decentralized organizations stand a chance of gaining a lot, since an Alchemy "is an intuitive user interface for budgeting and resource allocation", it would be even way easier to invite others to participate during decision making/sharing of talents.

THE POTENTIAL USE CASES

They're endless but Collaboration/ Shared Ownership/ Curation highlights the potential use cases on DAOstack.

Look at the image below for more insight.
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HOW DAOstack METHOD OF VOTE-POWER DISTRIBUTION PROMOTE INCORRUPTIBILITY.

We always have greedy folks in almost all
organizations "to prevent serving few key figures while costing the rest of the parties" DAOstack has brought a good means of promoting incorruptibility.

With GEN which is simply the token of DAOstack. So to promote proposals it is required to either spend or hold this GENs.

All projects are approved only by Reputation-holders to avoid corruption.

When you participate actively and consistently contribute towards the network then you can gain Voting Power and note this VP can't be bought or sold, so as a contributor you're awarded with tokens and voting power (reputation).

ADVANTAGES DAO HAVE OVER TRADITIONAL ORGANIZATIONS.

  1. Most a times the concept of governance never seem to change but DAOstack has this as an aim.

  2. DAOstack offers benefits of incorruptibility.

  3. The DAOstack tools are very efficient and well developed.

  4. It offers decentralization while still allowing for changes in the core technology.

  5. Users protocols have a place on the blockchain.

  6. Smart contracts can be used to vote on decisions.

  7. Absence of intermediaries that create inefficiencies.

  8. Faultless execution of crowd decisions, frictionless cooperation at collective levels, rewards are in proportion to the value they contribute.

  9. Presence of preprogrammed processes that enable the system to evolve, etc.

BENEFITS OF BEEN ABLE TO EVOLVE FROM THE DAO OR Dapp FROM WITHIN.

DAOstack simply works on a timeless technology and can get updated as many times as possible, the GEN distribution of this platform is also in order.

To round this up the changes in the core technology if there is a need is simply for the benefit of all on the blockchain.

THE TEAM OF DAOstack have joined hands to create an operating system that has a unique concept of governance, let all companies be a part of this today.

I AM @EUNIREAL1 AND I THANK YOU ALL FOR READING MY ENTRY.

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