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StoneDao, a Blizzard-incubated DAO, was spotted by Sequoia Capital

The full name of DAO in blockchain is “Distributed Autonomous Organization”, which is a form of organizational structure based on blockchain. It can operate autonomously without interference or regulation. Daos come in many different types and sizes: DAOs that manage encryption protocols (protocol DAOs), DAOs that act as the venture capital (investing DAOs), DAOs that provide services to other DAOs (service DAOs), DAOs that buy NFT (collector DAOs), and many more. Stone Dao is designed by a disparate group of contributors, including developers within the Maker Foundation, its outside partners, and other persons and entities. It is the first decentralized finance (DeFi) application to see significant adoption. StoneDAO is essentially an open social experiment, based on gradually decentralized social evolution. StoneDAO provides a series of functional modules to make more communities become part of StoneDAO’s organization, making the operation of each community smoother and more efficient, ensuring democracy through decentralization, and ensuring decisions are the collective will of the organization and are distributed accordingly.

StoneDAO is headed by David Fried, a senior game practitioner who has worked in World of Warcraft, Diablo II and Warcraft 3, as the principal and senior engineer game consultant. At the same time, the chain game under development is Starcraft. Our CEO and Founder Steven, who holds a master degree from MIT and serves as the chairman of StoneDao project. In addition, he has 15 years of experience of hedge funds and AI with independent researches and developments on hundreds of financial quantitative master models. His working experience in the JPMorgan Chase Bank Digital Finance Research Group “Digital Currency International Trade Payment”, one of the top designers of the “Clearing System” system, also offers a great hand to the development of our project. Our CTO and Co-founder Dylan, who holds a master of Computer Science from Carnegie Mellon University, has multiple titles from cutting-edge tech companies, such as the former CTO of Pingxin Technology, former head of 360 Mobile Search Technology, former CTO of Pangu Search, former senior security consultant of Telus Security Lab. His profession also includes providing vulnerability research and development reports for IBM, Microsoft, and the Canadian government.

StoneDao is endorsed by many well-known investment institutions, such as Microsoft, Sequoia Capital, Binance, and etc. They not only provide financial support to our project, but also provide many useful resources for the development of the project, such as incubation, technology and market operation. We believe that with the addition of these investment institutions, we can grow into a project that can serve our community users in a long term and sustainable way.

StoneDao has three major ecosystems. ELEVENSWAP, which is the most popular decentralized cryptocurrency service platform, can help users to trade cryptocurrencies, build communities and use tools to earn more cryptocurrencies. Metasea, which is the Aggregation of products such as games, social, NFT, and token trading, is able to help players build better links with games or unions, and have a better experience in the metaverse, as all application scenarios in the metaverse will present obvious gamification features. The Refuge, an in-game equipment that is divided into native equipment and casting equipment, is a skill that every character can use. Original equipment is directly generated by the equipment contract. The rarity of the generated equipment is controlled by the rarity contract. The distribution conforms to the density function.

With hundreds of partnerships and one of the strongest developer communities in the cryptocurrency space, STONE DAO has become the engine of the decentralized finance (DeFi) movement. Maker is unlocking the power of the blockchain to deliver on the promise of economic empowerment today. The StoneDAO artwork is designed by the famous Spanish surrealist artist, Salvador Dalí, whose art sense is world-class with mind-blowing style artworks that are treasured by many. The ultimate duty of art is to connect with people, to inspire, to excite, and to surprise them. In StoneDAO, we want to work with those who have dreams and aspirations, and with those who share the same vision with us.

For more information, visit the STONE DAO website: StoneDao.network



This post first appeared on Timesnewswire, please read the originial post: here

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StoneDao, a Blizzard-incubated DAO, was spotted by Sequoia Capital

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