Another ambitious project to revive the spirit of DAO.
DAOstack Token Sale Sells Out; Project Looks toward Launch
The token sale for GEN, the native utility token of the DAOstack ecosystem, successfully concluded on May 8 with a rapid sell-out of its main sale. With funding in place and momentum in its court, DAOstack is poised to take the next steps toward its mission to catalyze the future of collaboration.
The GEN token sale took place in three phases: the main sale which sold out in 65 seconds, a presale which oversubscribed by 75%, and a private sale which took place over the course of about 6 months. In total, DAOstack received around 45,000 ETH across the three phases, $30M in USD equivalent based on the ETH-USD exchange rate just prior to the token sale……
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