DAOstack in 2019
By: Ezra Weller
Tags: Daostack, Genesis Dao, Ethereum, Blockchain, Dao

DAOstack in 2019

To Beta and Beyond

DAOstack has had a transformational 2018. The team started the year with a value proposition for decentralized governance, and we’re ending it in the throes of execution. We’ve deployed a working product to the mainnet, doubled our team’s size, upgraded our platform and governance protocols, and launched Genesis, one of the first DAOs managing significant funds on the Ethereum blockchain.

Throughout the journey, we’ve noticed one key theme: DAOs are about community. Blockchain-based decentralized governance has immense potential, but that potential depends entirely on the number and enthusiasm of the people that participate. Communities of potential participants already exist across the globe, wherever people gather around shared values and purposes. Our mission, and the promise DAOs offer, is to serve those communities by facilitating the collaboration they are already itching for.

In 2018, we’ve gotten to know our first DAO community, Genesis, a group that has gathered around a shared interest in decentralized governance. The group that has formed Genesis and communities like it, which have an existing cause and unfulfilled collaborative potential, will be the greatest source of new DAOs in the near term.

Our 2019 will begin with connecting to the next batch of DAO communities. Specifically, we are seeking projects that want to launch a DAO in the first half of the new year as part of our Community DAO program. These pilot launches will coincide with our next major software release, Alchemy Earth, and the transition of DAOstack’s DAO community, Genesis, from closed Alpha to public Beta.

A Good Start

DAOstack’s 2018 Redux

The story of DAOstack

✔ Completed Fund Raise

Our token sale successfully sold out in May.

✔ Deployed Proof of Concept

Alchemy, our DAO user-interface, and Arc, our main set of smart contracts, launched on the Ethereum mainnet in June.

The Genesis DAO became the first DAO using our Alchemy platform. In the last 5 months of 2018, Genesis:

✔ Progressed towards a Minimum Viable Product

We upgraded Alchemy to include commenting and identity features.

✔ Grew the Team

The DAOstack team doubled in size from approximately 12 to 24 full and part-time members.

✔ Supported the Ecosystem

Open-source community, we:

Released key developer tools, such as our Hackers Kit and the Migrations repo

Released Infra, a new layer underneath Arc, along with Infra’s first use-case, a Plantoid

Published EIP-1480, an access control standard for smart contracts

Participated in the EthBerlin Hackathon and hosted a hackathon at Brooklyn’s Bushwick Generator

The Genesis community funded and held a “How to DAO” event series in Berlin

We also supported DAO research efforts :

The Next Steps for a Thriving DAO Ecosystem

What’s Coming for DAOstack in Q1 & Q2 2019

The DAO stack with new layer ArcDB.

Alchemy Earth

We’re happy to announce that the next major release of our DAO-interface Alchemy, Alchemy Earth, will arrive in early 2019. Earth will be the first production and client ready version of Alchemy, and it will be the interface used by the next set of pilot DAOs. This release will be the first version of Alchemy to connect DAOs with each other using an ecosystem browser — a significant step for growing the GEN Predictor Network.

Another major change arriving with Alchemy Earth is a performance and usability upgrade. We are rewriting Alchemy’s architecture to eliminate user experience issues related to loading data from the blockchain. This refactoring will bring Alchemy closer to the experience users expect from modern web applications. As a part of this UX upgrade, we will also be releasing ArcDB, a new caching layer for applications built on the DAO stack.

Alchemy Earth will also add ERC20 token support for DAO treasuries, enabling pilot DAOs to be funded with the Ethereum-based token of their choice.

The Earth release, along with the deployment of our next batch of pilot DAOs, is currently aimed for Q1 2019. With development going smoothly so far, we can’t wait to bring Alchemy and Holographic Consensus to a wider audience in the coming year.

The Genesis Beta