Gas Fees Delay our DAO launch

The Ethereum blockchain is a network. Ether (ETH) is the fuel for that network. When you send tokens, interact with a contract, send ETH or ERC20 tokens, or do anything else on the blockchain, you must pay for that computation. That payment is calculated in gas, and gas is always paid in ETH.

Gas refers to the fee, or pricing value, required to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform. The exact price of the gas is determined by the network's miners, who can decline to process a transaction if the gas price does not meet their threshold.

High Gas Fees are a problem for anyone using the Etherium network to make small transactions. It's not a problem for significant transactions like property contracts but for a $25 a month subscription it causes is problems as we need to make lots of small transactions. There are solutions with ETH1x and ETH2.0, and we have even considered xDAI chain deployment and ZK Roll-up but options undermine the holographic consensus offered by DAO's like Alchemy. Stay tuned and subscribe to our email list if you want us to let you know when the DAO launches.

You can see GAS fees here. 

Alpha Concept 1.0