Company Overview
Snapshot
Founded in January 2017 by Matan Field and Adam Levi Ph.D, DAOstack operates with 1-10 employees. The company has secured funding across one round from two investors, including Ofer Rotem and iAngels. In June 2019, DAOstack built a test decentralized autonomous organization (DAO) called efxDAO for cryptocurrency exchange Ethfinex, aiming to decentralize control of Ethfinex's operations.
Business overview
DAOstack provides a complete operating system for decentralized coordination, built on the Ethereum blockchain. Its core technology features a four-layer structure: Arc, Arc.js, Arc.Hive, and Alchemy. Arc is a modular framework for governance and collective value management, utilizing Holographic Consensus protocols for scalable consensus. The platform includes a smart contract framework, a JavaScript developer environment, and a user interface, enabling participation in decentralized organizations without technical expertise. DAOstack serves enterprises globally, operating within the Business Software sector, specifically focusing on IT, R&D, Data Solutions, and Project Management & Collaboration.
Strategic signal
In June 2019, DAOstack developed efxDAO, a test decentralized autonomous organization for Ethfinex. This initiative is significant as it demonstrates DAOstack's capability to enable decentralized governance for established cryptocurrency exchanges, signaling a strategic move towards broader adoption of its blockchain-based coordination systems in the financial technology sector.
Log in to access full profile ›Company Intelligence Q&A
- When was DAOstack founded and by whom?
- DAOstack was founded in January 2017 by Matan Field and Adam Levi Ph.D.
- What was a key partnership for DAOstack in July 2018?
- In July 2018, DAOstack partnered with Gnosis for the Dutch Exchange. This collaboration was highlighted in a DAOstack update on Medium, detailing their joint efforts in blockchain and decentralized governance.
- What significant project did DAOstack undertake in June 2019?
- In June 2019, DAOstack built a test decentralized autonomous organization (DAO) called efxDAO for cryptocurrency exchange Ethfinex, with an initial funding budget of $5,000.
- What is the purpose of DAOstack's Holographic Consensus system?
- DAOstack's Holographic Consensus system is designed to tackle scalability issues in governance systems by dividing an organization into small groups, which are granted decision-making power by an internal relative majority, ensuring decisions are reflected in the overall consensus.
- Which investors participated in DAOstack's Seed funding round in December 2017?
- In December 2017, DAOstack received Seed funding from investors including Ofer Rotem and iAngels.