Upstream

Upstream

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People launch daos, or decentralized autonomous organizations. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$50—75m (Dealroom.co estimates Mar 2022.)
New York City New York (HQ)
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$12.5m

Series A
Total Funding000k

Recent News about Upstream

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UpstreamApp is a startup that operates in the blockchain technology sector, specifically focusing on the creation and management of Decentralized Autonomous Organizations (DAOs). DAOs are essentially online, digital entities that operate through the implementation of pre-coded rules. They are run by a group of people who make decisions based on a majority vote system. UpstreamApp provides a no-code, full-stack platform that simplifies the process of launching a DAO, making it accessible even to those without technical experience.

The company's platform offers a complete suite of DAO tools, including features for voting, chat, events, proposals, governance, and treasury management. This allows users to bring together money, NFTs (Non-Fungible Tokens), and other web3 tokens in a shared wallet. Every member of a DAO can create, discuss, and vote on proposals, with a majority vote and quorum needed for decisions to be executed.

UpstreamApp's primary clients are individuals or groups interested in creating and managing a DAO. The company operates in the rapidly growing blockchain technology market, which is seeing increasing interest in DAOs as a new form of organization and governance.

The business model of UpstreamApp is likely based on a subscription or usage-based fee, where clients pay for access to the platform and its suite of tools. This revenue model aligns with the company's goal of making DAO creation and management simple and accessible.

Keywords: Blockchain, Decentralized Autonomous Organizations (DAOs), No-Code Platform, Full-Stack, Voting, Proposals, Governance, Treasury Management, NFTs, Web3 Tokens.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.