About DAOstack (GEN)
Market Capitalization$1.45 million
Coin or TokenCoin
Official Website (Alt)N/A
Message Board (Alt)N/A
DAOstack (GEN) Frequently Asked Questions
What is DAOstack?
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. (Description provided by CryptoCompare)
How do I buy DAOstack?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including DAOstack.
Where can I get DAOstack wallet?
DAOstack produces its own wallet software that is available for download on its website, which allows you to store DAOstack on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of DAOstack?
One DAOstack (GEN) is currently worth $0.03 on major cryptocurrency exchanges. You can also exchange one DAOstack for 0.00000099 bitcoin(s) on major exchanges. The value (or market capitalization) of all available DAOstack in U.S. dollars is $1.45 million.
What hashing algorithm does DAOstack use?
DAOstack is a proof of work (PoW) and proof of stake (PoS) coin that uses the Scrypt algorithm.
How do I mine DAOstack?
DAOstack and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to DAOstack?
The following coins use DAOstack's Scrypt algorithm and proof of work (PoW) and proof of stake (PoS) proof-type: Wrapped Bitcoin, Cosmos, Creditcoin, Function X, Nestree, Venus, Phantasma, mStable USD, Redd, Tranchess, Reflexer Ungovernance Token, Techpay Coin, Numbers Protocol, Galaxy Heroes Coin and Aurix.
What is the Reddit page for DAOstack?
The official Reddit community (subreddit) for DAOstack is r/daostack.
DAOstack (GEN) Price Chart for Wednesday, May, 18, 2022
DAOstack (GEN) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as DAOstack. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "DAOstack Coin" over the last 90 days.
DAOstack (GEN) Website Traffic
DAOstack (GEN) Social Media Trends
DAOstack (GEN) News Headlines