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

  • Full team can be found [here].
  • From the DAO announcement (4-5-2021):

"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

  • Aave; sponsor (4-2020).

Partners

Bankless HQ

  • Is the company behind Bankless and is separate from the DAO.

Team

Bankless Ventures (BVC)

(:

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