Launched June 2018, the Genesis Alpha was the first DAO powered by DAOstack. According to the DAOstack team’s statement, Genesis would have additional responsibilities as coordinator, such as management of 40m unminted GEN. In this sense, it could be a decentralized institution that distributes ecosystemic grants loosely analogous to the Ethereum Foundation.
History & key events
- 2016 DAOstack founded
- 2018 token sale successfully sold out in May
- The Genesis DAO became the first DAO using our Alchemy platform
- 2019 launched Alchemy Earth
Objects of governance
- DAOstack & GenDAO: bird eye view & insights - DRAFT