The DAOstack project was initiated in 2017 with an ambitious goal to build an infrastructure for global coordination. For that sake, DAOtack Limited, a non-profit in Gibraltar, has been founded. In May 2018, DAOstack Limited concluded fundraising via the GEN token sale, and has focused since then on developing technology and products for DAOs.
In the 5 years since then, DAOstack Limited has developed several products, including the Arc modular framework for DAO governance, the Alchemy DAO platform which has been notably used by the DXdao to on-chain manage tens of millions of dollars, Common, a platform for open collaboration, and several other DAO products which did not reach the stage of production.
Towards the end of 2022, with the experience of down market and the depletion of its capital, DAOstack Limited decided to shut down all of its other projects and focus on Common. Unfortunately, we have exhausted remaining capital before succeeding in bringing Common into market readiness. Nevertheless, we, in DAOstack Limited and among the builders of Common, strongly believe in the vision of Common, in the product that has been developed thus far, and in the ability to turn it into a game-changing platform for open collaboration in the immediate future.
To enable Common realizing its potential, we announce the Common Open Development (COD) program, in which we invite interested contributors to participate in the development of Common and in bringing it to market success. In summary, the program offers the follows: