DAOstack is designed to catalyze the future of collaboration. It’s a platform for decentralized governance that enables large groups to self-organize around shared goals and values, easily and efficiently. DAOstack is sometimes called an operating system for collective intelligence, or a Wordpress for DAOs - daostack.io

YOUTUBE rGFTeW6QBSo Introducing DAOstack (v2). Broadcast on 22 May 2018.

The platform, which launches in spring 2018, includes a modular smart contract framework, a friendly javascript developer environment, and an intuitive user interface that allows anyone to create or participate in a decentralized organization without technical knowledge. Most of the expected proceeds from the DAOstack token sale will be reserved for management by a DAO fund, in which the community of GEN token holders will make and vote on proposals for the allocation of resources.

YOUTUBE VCZX_COednk DAOstack CEO Matan Field speaking at ETHfinex Governance Summit 2018. Broadcast on 3 Oct 2018.

# Links

- New Plantoids - medium - Governance Events - https://daostack.io/ - https://github.com/daostack

# ICO Result

The ICO market slowed down significantly in April, just as the prices of the top cryptocurrencies bounced back from four-month lows. Several token sales were put on hold in April after ICOs held in March raised less than hoped. However, if the first week of May is anything to go by, the ICO boom is back - icoexaminer.com

Yesterday the Daostack ICO apparently sold out in 66 seconds. Daostack, which has been billed as the WordPress of the blockchain, is building a collective governance layer to help decentralised organizations make decisions effectively.

The ICO raised $30 million during the pre-sale and main sale.

.@daostack ico sold out in 66 seconds… look out for another winner! — Ran NeuNer (@cryptomanran) May 8, 2018 Investors Missing Out Merculet’s token sale, which was held on Friday last week, sold out in 2 minutes. During those two minutes, the ICO raised 9,800 ETH, or roughly $7.3 million, from 6,000 contributors. With a whitelist of over 20,000 people, many would-be investors were left out.

# See also