Bankless DAO (BANK)

From CryptoWiki

Newsletter and learning program about crypto. Announced a DAO on 4-5-2021.

Basics

  • Based in: USA
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release: 4-5-2021
  • Has BanklessHQ (the company and the podcast) and BanklessDAO, the community under one brand umbrella, but are very different in legal terms.

History

Token

Launch

Token Allocation

  • From their blog (8-5-2021):

"BANK, the governance token of Bankless DAO, was distributed via fair launch to the Bankless nation. Of the one billion total BANK, 30% was allocated to the genesis treasury, 40% distributed to a vesting community treasury, and 30% retroactively to Bankless community members. These include 2020 or 2021 Bankless Badge holders, BAP0 owners, or Bankless Gitcoin Grant donors."

Utility

  • Holding certain amounts of BANK will give the holder DAO perks. More info can be found here (29-1-2022).

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

  • Built on:
  • Programming language used:

Transaction Details

How it works

Mining

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Privacy Method

Compliance

Oracle Method

Their Other Projects

Governance

DAO

Admin Key

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs/Hacks

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

"Bankless DAO Genesis team including Lucas Campbell, Michael Wong, Mariano Conti, James Montgomery, David Mihal, Nate Welch, Reuben Bramanathan, Ryan Sean Adams and David Hoffman."

Funding

  • Hosts of Bankless Podcast raised $35M for a Crypto Venture Fund (2-3-2023). Show hosts David Hoffman and Ryan Sean Adams are to be general partners in the fund, said Ben Lakoff, also a GP.
  • Aave; sponsor (4-2020).

Partners

(:

Knowledge empowers all and will help us get closer to the decentralised world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31

Also check out CoinTr.ee for more content.

Team