DAOstack Announces New $GEN Exchange Listing on Liquid by Quoine

Blockchain startup DAOstack has announced the listing of its GEN token on Quoines new Liquid Exchange, starting October 9th, 2018.

Gibraltar - October 12, 2018 —

The DAOstack collective attention token GEN, will be listed on Liquid, the newly-launched cryptocurrency exchange by Quoine, starting October 9th, 12:00 JST. GEN-ETH, GEN-BTC, and GEN-QASH trading pairs will be available to start, with GEN-fiat trading pairs available in the near future.

DAOstack is designed to be a kind of WordPress for decentralized autonomous organizations (DAOs), a new type of Web3-native organization that allows like-minded communities to act on shared goals or values without depending on concentrated power centers. The GEN token will soon link a network of DAOs built for a variety of purposes on the DAOstack platform.

DAOs using the GEN prediction network will be able to effectively filter proposals by their predicted chance of passing. This allows DAOs to remain values-aligned and efficient while scaling to potentially any size. GEN lets individuals both inside and outside the DAO lend their expert attention in exchange for a chance to profit and be rewarded for correct predictions.

GEN-based prediction is native within Alchemy, DAOstack’s first application for decentralized governance, whose Alpha release is currently live on the Ethereum mainnet. With a full release targeted for 2019, Alchemy will make it simple for DAOs of unlimited size to smartly allocate resources and voting power. A community of predictors is already active and growing, and its increasing size, expertise, and network effect will benefit all DAOs using Alchemy. Since predictors must hold GEN to stake on proposals, they have an additional incentive to help all GEN-connected DAOs achieve their goals.

DAOstack’s strategy for GEN includes many of the features that made Ethereum successful. For one, DAOstack is stimulating product and community development by channeling funds from its token sale through the Genesis DAO, the first DAO deployed using the DAOstack platform, created as a proof of concept and an open-source foundation for DAO development.

Also, like Ether, GEN has a highly generalizable utility, as Matan Field, DAOstack architect, and CEO, has pointed out:

“In the same way that ether is gas for the collective attention of computers, the GEN token is gas for the collective attention of human beings.”

With GEN’s listing on Liquid, DAOstack is excited to be taking the next step toward an open, growing ecosystem of decentralized organizations.

ABOUT Quoine

Quoine is a leading global fintech company that provides trading, exchange, and next-generation financial services powered by blockchain technology. With offices in Japan, Singapore, and Vietnam, Quoine combines a strong network of local partners with extensive team experience in banking and financial products to deliver best in class financial services for its customers. More information is available at www.quoine.com

In September 2017, Quoine Corporation became the first global cryptocurrency exchange to be officially licensed by the Japan Financial Services Agency. In September 2018, the two exchanges owned by Quoine, Quoinex, and Qryptos, were merged and relaunched as Liquid. Liquid will be powered by Quoine’s World Book, which provides customers with enhanced price matching and deeper liquidity for various fiat and cryptocurrency pairs. More information can be found at liquid.com

Learn more about DAOstack – https://daostack.io/
Read the DAOstack Whitepaper – https://daostack.io/wp/DAOstack-White-Paper-en.pdf
Join the Telegram – https://t.me/daostackcommunity
Follow on Facebook – https://www.facebook.com/daostack/
Follow the Twitter – https://twitter.com/daostack
Read on Medium – https://medium.com/daostack
Join on Reddit – https://www.reddit.com/r/daostack/

Media Contact

Contact Name: Andrey Sergeenkov
Contact Email: admin@btcpeers.com

Youtube:

DAOstack is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Era Swap token sale is closed to US participants and participants of all countries in which ICOs are illegal.

Contact Info:
Name: Andrey Sergeenkov
Email: admin@btcpeers.com
Organization: DAOstack

For more information, please visit https://daostack.io/

Release ID: 421803

More News From The World Insiders

Kings coach Luke Walton sued for sexual assault

Apr 23, 2019

LOS ANGELES — New Sacramento Kings coach Luke Walton has been accused of sexual assault in a lawsuit by a former sports reporter. Kelli Tennant filed the suit in Los Angeles County Superior Court on Monday alleging that Walton assaulted her in a hotel room in Santa Monica during his time as an assistant coach for the Golden State Warriors. TMZ first reported the lawsuit. According to the suit, Tennant considered Walton to be a friend and mentor and was also friendly with his wife before the incident that occurred when she tried to deliver him a copy of her...

Investigation ongoing, House subpoenas ex-White House lawyer

Apr 23, 2019

WASHINGTON — A House chairman subpoenaed former White House counsel Don McGahn as Democratic leaders moved to deepen their investigation of President Donald Trump while bottling up talk among their rank-and-file of impeaching him. Judiciary Chairman Jerrold Nadler was one of six powerful committee leaders making their case on a conference call Monday with other House Democrats late in the day that they are effectively investigating Trump-related matters ranging from potential obstruction to his personal and business taxes. House Speaker Nancy Pelosi urged divided Democrats to focus on fact-finding rather than the prospect of any impeachment proceedings after the damning...

Harris faces calls to prove her commitment to NH voters

Apr 23, 2019

MANCHESTER, N.H. — When Sen. Kamala Harris made her first trip to New Hampshire, she attracted an enthusiastic crowd of more than 1,000 people who braved a treacherous February snowstorm to see the person vying to become America's first black female president. But as the California senator returns to the state this week, she's in a more challenging position. The number of Democratic presidential candidates has swelled to nearly 20 since her first visit. Some of the spotlight has shifted away from Harris, with attention being lavished recently on Mayor Pete Buttigieg of South Bend, Indiana. Former Vice President Joe...

Justices to hear case over census asking about citizenship

Apr 23, 2019

WASHINGTON — The Supreme Court is set to hear arguments over the Trump administration's plan to ask about citizenship on the 2020 census, a question that could affect how many seats states have in the House of Representatives and their share of federal dollars over the next 10 years. Three federal courts have blocked the Commerce Department from adding the citizenship question. Those courts have ruled that Commerce Secretary Wilbur Ross violated federal law in the way he went about trying to include the question for the first time since 1950. They found that millions of Hispanics, who tend to...

Flores: Biden's hugging jokes 'incredibly disrespectful'

Apr 23, 2019

WASHINGTON — A Nevada Democrat who accused Joe Biden of touching her without permission says the former vice president has been "so incredibly disrespectful" by joking about the matter. Lucy Flores leveled her criticism Monday on Fox News as Biden nears an announcement of his 2020 presidential campaign. Flores, a former Nevada state legislator, said she wants to force a discussion of how powerful men treat women, even as she affirms that her recollections of a 2014 encounter with Biden don't involve touching of a sexual or violent nature. "The basis of the behavior that I talked about was something...

About Us

The World Insiders brings you exclusive coverage from across the globe in a timely, easy to consume format sourced directly from our regional media partners.

Contact us: sales[at]theworldinsiders.com

Subscribe Now!