Jigstack

Jigstack operates as a decentralized autonomous organization (DAO) on the Ethereum blockchain, established in 2020. The company's core mission is to govern a portfolio of decentralized finance (DeFi) products and protocols under a unified, high-quality standard. This structure positions Jigstack as a comprehensive platform for various DeFi services, aiming to simplify user interaction with the ecosystem. In April 2021, Jigstack successfully raised $3 million through private and public funding rounds, with notable investors including Block FIlms, Moonwhale Ventures, and Exnetwork.

The executive team includes Robert Weir as Chief Operating Officer and Aidan Leonard as Chief Technology Officer. Weir's background is in developing companies from the ground up, particularly in the e-commerce sector, while Charles Robinson, the Chief Business Development Officer, has over six years of experience in crypto investing and smart contract development. The company's whitepaper was co-authored by Stuart Hollinger and Charles Robinson and published on May 15, 2021. A significant milestone was the acquisition of ICOrating, intended to bolster its token launchpad platform.

Jigstack's business model revolves around its native governance token, STAK. Holders of the STAK token can participate in the governance of the entire ecosystem, voting on proposals for new features and protocol improvements. Revenue is generated from a 1% fee on all transactions within its suite of products; 80% of this fee is distributed to STAK token holders, and the remaining 20% is used to buy back and burn tokens. This model provides a direct value proposition to its token holders, who are incentivized to participate in the network's growth and governance.

The platform offers a suite of interconnected DeFi products. These include "Lemonade," a decentralized token launchpad; "Stakbank," a platform for staking and earning rewards; and "Gallery," a marketplace for NFT collectibles. Other products are "J-Wallet" for storing crypto and NFTs, "Santa" for crypto gifting, and "Ethlink," a decentralized affiliate marketing solution. Through partnerships with platforms like Polygon, Jigstack aims to reduce transaction fees, and collaborations with Hedera Hashgraph and Cellframe are intended to enhance interoperability and expand its ecosystem across different blockchains.

Keywords: Jigstack, STAK token, decentralized autonomous organization, DAO, DeFi, Ethereum blockchain, crypto governance, Lemonade launchpad, Stakbank, NFT marketplace, J-Wallet, crypto gifting, decentralized affiliate marketing, Robert Weir, Aidan Leonard, Charles Robinson, Polygon integration, Hedera Hashgraph, Cellframe, blockchain interoperability