DAOSTACK

Daostack is a new platform, built on the Block. Developers call it the operating system for the collective mind. According to many analysts of the crypto industry, the new project has good chances. As is known, to date, decentralized systems are used for increased demand, which make it possible to improve the efficiency of work, and to optimize it. The project works on a similar principle, based on Ethereum.

Features of Daostack

The platform functions on the Block, the basis is the ecosystem of Ethereum. The decentralized system allows achieving higher results of cooperation between the project participants. It will create new groups and communities with efficient work of free markets, increase internal cohesion and coherence of start-ups.

The project is a stack for decentralized autonomous organizations, a comprehensive toolkit that allows for decentralized cooperation on a large scale.

Its main functions include:

• Providing economic and administrative basis;

• Increasing self-organization within different communities pursuing common goals;

• Decentralized regulation;• faster, more accurate and reliable implementation of team decisions;

• Effective solution of all the tasks set.

The platform is based on an open, modular and automatically updated architecture.

One of the main features is crypto-economic stimulation in the form of bonuses at the individual level, which subsequently increases the effectiveness of collective cooperation.

The platform runs on the GEN Genetic Token. It is distributed among its participants, as a result of which Daostack will be easier to develop, implement and improve.

For whom is the project created?

Daostack is designed for those groups of people who want to jointly own and manage funds and assets, make decisions with a collective mind.

The platform will be effective in the following areas:

• Business;

• Charity organisations;

• Investment funds;

• Insurance organizations;

• Mass media, etc.

Participants can interact with each other from anywhere in the world, make decisions, influence the future of their organization.

Ecosystem

Advantages

Daostack has a lot of advantages:

• High quality of development;

• Increased security;

• Multifunctionality;

• Simple own user interface, which will be understandable even for the beginner;

• The use of Mesh-networks, providing the creation of an economy without competitors;

• Ability to develop Dapps applications based on the Arc framework;

• The existence of common registries that improve compatibility and increase the group effect;

• Versatility - simple configurations, work in a known system like Wordpress;

• Well thought-out bonus system;

• Support on all devices;• practicality;

• Uniqueness.

The future of the organization
The ability to organize and coordinate a large number of people well is one of the major forces (and driving forces) of society, which has constantly evolved over thousands of years. In this chapter we describe the challenges of the organization inherited today, and a new possible form of web organization: the DAO.Inherited organizations.

The coordination of a large number of agents is difficult and expensive, and that is why organizations can not grow indefinitely.As they grow, organizations need a more rigid structure and, therefore, face a growing challenge to: a) maintain agility with respect to rapidly changing conditions; and b) preserve the alignment of interests, trust and commitment among their members. In summary, the larger an organization is, the more internal friction it needs to cope; the smaller it is, the more external competition predominates. The actual size of a company is usually the point of balance between these two forces.From time to time, the introduction of a new technology or change of paradigm allows the reduction of the coordinated cost, elevating the scale and the efficiency of the organizations to new levels. It unleashes a transition in the landscape of work and business, and then also a social change, as was the case exactly with the invention of crowdsourcing and the Internet itself.The Internet allowed an open, real-time and peer-to-peer exchange of information on a global scale. As such, Internet media has become more scalable more efficiently than traditional media, and has been quickly assimilated to the latter. However, the Internet by itself is not compatible with the open and equal exchange of values and the coordination of general purposes, and therefore has limited potential to boost global cooperation.

Distribution