Gas DAO Price (GAS)

Gas DAO is a blockchain-based decentralized autonomous organization (DAO) that provides strategic insights for protocols. Here, DAO refers to an anonymous community responsible for automating the decision-making process in a blockchain. The platform surveys Ethereum users to come up with easy-to-apply insights for protocols. The currency ensures the trustworthiness of received responses by verifying them through cryptography. According to its whitepaper, Gas DAO's goal is to provide on-chain and off-chain governance to Ethereum users.

Blockchain protocols are essential, as they provide structure to any blockchain. These days, protocols rely a lot on the information from a few mediums for prospects and deployment of development resources. Also, the sample size of Ethereum surveys is small and biased, and they don't give actionable or authentic insights for protocols. Hence, Gas DAO seeks to solve this problem by collaborating and conducting logical surveys that can add value to the development of the Ethereum network.

Moreover, the currency aims to build a system that would customize and conduct surveys on partner-branded subdomains. These surveys would require participants to log in with their Ethereum account and sign a transaction. Once Gas DAO receives all the responses through the survey, its team processes the data and comes up with valuable insights for the protocols.

Gas DAO has also announced the Gas DAO Insights mechanism to provide on-chain DAOs as a service. Gas DAO Insights refers to a data-driven business development department of this asset that ensures the possibility of more scientifically accurate strategy insights for protocols by conducting paid surveys.

Gas is the ERC-20 governance token of Gas DAO. The token holders of GAS with over 1B tokens can submit governance proposals. The network has also allocated 30%, 55%, and 15% of the total token supply for DAO treasury, airdrop, and contributors, respectively. Airdrop is the marketing tactic to spread awareness about cryptocurrency by sending it to different wallets. Token holders can also delegate their tokens to get additional GAS rebates.

Gas DAO published its whitepaper on December 29, 2021. The total supply of Gas tokens is 1 trillion GAS coins.

We update our Gas DAO to USD currency in real-time. Get the live price of Gas DAO on Coinbase.

The current market cap of Gas DAO is $163.09K. A high market cap implies that the asset is highly valued by the market.

The all-time high of Gas DAO is $0.00000245. This all-time high is highest price paid for Gas DAO since it was launched.

Over the last 24 hours, the trading volume of Gas DAO is $55.83K.

Assets that have a similar market cap to Gas DAO include lolcat, Liquid Finance, Solvex Network, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Gas DAO is 287 billion.