DAOstack is an operating system for Decentralized Autonomous Organizations (DAOs). DAOstack provides customizable tools for collective resource management, decision making, budgeting and incentivisation, which make the development of decentralized apps easier and more intuitive. GEN is an ERC20 token based on the Ethereum network. It's the native token of the DAOstack platform and it's required for all basic operations across the DAOstack ecosystem – such as promoting proposals. GEN will be distributed to contributors of value through the DAOstack framework itself, incentivizing development, promotion and adoption.

Team:

• Matan Field: CEO and Architect
• Adam Levi: CTO and Technology
• Nathalia Scherer: Community and Biz Dev
• Josh Zemel: Communications

The DAOstack ICO will start on the 01st of May and will last until the 7th of June. The ICO token allocation represents 40% of the total token supply and will be available for a 1 USD base price and can be purchased with ETH. The ICO funding target and cap is set at 30M USD.

Token Reserve Split (60%):

• 40% to be managed by the Genesis DAO using DAOstack's Alchemy itself to develop the project and ecosystem,
• 10% current contributors,
• 10% current & future contributors