From the very beginning, the world will not stop advancing even the entity in it are improving each day. There has been a time without a computer, then comes a computer age. The computer age also varied with time which brings about the generation of computer.

Before an Empire could be built, it must first start from clans and then castles wherein different tribe will be present. The first computer generation has been totally modified with lay down sequence into the current computer generation. Even human keeps evolving from ignorance into advanced level.

The world advancement is based on cooperation. Different Organization with the same background have the opportunity to achieve a shared goal. Most things in this world are not laid down with the huge percent of trust. Different networks and organizations that are successful today have challenges in one way or the other. Trust is one of them. How can we conquer this?

The blockchain is here to provide sincere answers to this bothering questions. Blockchain has open opportunities for many networks and companies to utilize. It started with bitcoin which is open on a trustless basis. Then followed by ethereum. Ethereum has hosted many ecosystems and they have not forfeited their reputation as of now. From ethereum, we come about DAOs. The ethereum blockchain made the existence of DAOs to be possible by providing it with a reliable, open and programmed accounting system. The Word DAOs mean Decentralized Autonomous Organizations.

DAOs

DAOs is a self-organized network that is coordinated by crypto economic and self-executing code. It provides revenue model and incentive for the production of the open and shareable resource. Hence DAOs is powered by network effect.
DAOs with their popularity and achievement in making peer self-organized to act collectively without centralized power are viewed to hit a jackpot. But unfortunately, this idea is only existing as abstract. This has prevented their decentralization to be scaled. This might be due to lack of decentralized governance solution. We all know that to gain decentralized governance, there must be an element of resilient, scalability and efficiency. Peradventure, if they have full resilient and scalability quality, their vision would have become mission which will eventually be accomplished with ease. From DAO we come about DAOstack which is an operating system for DAOs.

DAOstack

DAOstack allows the creation of thousands of open source to produce DApps (Decentralized Applications). DAOstack is created and designed to speed up the future of collaboration. It is sometimes called operating system for collective intelligence or word press for DAOs.

According to Matan field, theDAOstackarchitect, and CEO, DAOstack is designed to build ground or platform from which ecosystem can thrive and grow.

DAOstack aims to do governance in a way that will compromise decentralization and keep it open for it not to fall back to centralized decision making. This is a statement made by Martin Koppelmann. Also, DAOstack made effective coding their target point, the more they venture into it the better for them.

DAOstack; How it will Change the way corporation and organization are running.

DAOstack changes the way corporations and organizations run by introducing DApp. The first application built on the stack is alchemy which is an intuitive user interface for budgeting and allocating resources to aid decentralization of the organization. The participant will be able to create and vote on proposals, make their fund to be transferred automatically when proposal passed and reward contributor with both tokens and reputation which also means voting power.

How DAOstack can improve cost efficiency and structure of the organization.

DAOstack provides a platform for the organization to share goals and contribute to any shared interest.DAOstack is developed to be the initial for multiple ecosystems aims to build ground between interests and benefit the individual and collective body. It is thus bringing the power of collaboration to the people. With this, they can be able to improve their cost efficiency and the structure of their organization. DAOstack also aims to utilize crypto-economic incentive designs at the individual level to fuel the turn-up at a collective level.

DAOstack and Governance

DAOstack method of voting power distribution can promote incorruptibility. It introduced decentralized governance. The governance is based on the smart contract which will allow successful and loyal execution of the mass ideas and decisions. With decentralization, there is an open opportunity to an end-to-end transaction without the interference of the third party. Blockchain made this possible with the existence of proof of reputation (PoR). Any ecosystem with solid PoR will try as much as possible not to forfeit the reputation they suffered to gain. With this, the corruption level will be drastically reduced or eradicated.

Advantage of DAOs over a traditional organization.

DAOs economy is based on approximately zero-sum or win-lose game. The mode of competition pushed evolution toward a peak performance. This maximizes with respect to local rather than global win. DaOs is optimized with the respect to its own survival and not with respect to the benefit of a large whole. Just like how other blockchain has their own token, the native token for DAOstack is GEN. The operation carried out in DAOstack platform require the GEN token. In term of giving power and authority, GEN is required.