### What is Bankless DAO?

Bankless DAO is a decentralised autonomous organisation (DAO) focused on advancing the Bankless Movement, which aims to steer the world towards greater financial freedom through bankless money systems. It leverages community governance to promote the adoption of decentralised finance and blockchain technologies.

### How does Bankless DAO work?

Bankless DAO operates on the Ethereum blockchain using its native governance token, BANK. The DAO is structured into guilds and project teams that facilitate collaboration and the development of various projects. Governance is democratic, with the BANK token acting as the medium for voting on proposals and steering the DAO's direction. Coordination is primarily achieved through platforms like Discord and Notion.

### What are the potential use cases for Bankless DAO?

Bankless DAO has various use cases including:
1. **Media and Culture:** Disseminating content to promote bankless systems.
2. **Education and Onboarding:** Providing resources to onboard new crypto users.
3. **Product Creation:** Developing and scaling Bankless products.
4. **Governance:** Facilitating community-driven decision-making through token-based voting.

### What is the history of Bankless DAO?

Bankless DAO was founded on May 4th, 2021, by David Hoffman and Ryan Sean Adams as an offshoot of the Bankless media brand. The DAO was created to enhance the scalability of the Bankless Movement beyond what traditional media infrastructures could achieve. Since its inception, it has partnered with various entities and operated with a focus on decentralised finance and community empowerment. Over time, it has faced and adapted to governance challenges, including branding and structural separations from its parent media company.

Bankless Token

Deposits and withdrawals are not currently available for this coin.

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