Description
DAOstack was initiated in 2017 to build infrastructure for global coordination through a non-profit in Gibraltar, DAOstack Limited. After a GEN token sale in 2018, the organization developed several products over 5 years, including the Arc modular framework for DAO governance, the Alchemy DAO platform, and Common, a platform for open collaboration. By the end of 2022, with capital depleted, DAOstack Limited shut down its other projects to focus on Common. Having exhausted its funds before bringing Common to market readiness, the organization has launched the Common Open Development (COD) program. This program invites contributors to continue the development of Common under a non-exclusive license, where they retain ownership of their contributions and will share in any future proceeds from the jointly developed product.