While the concept of a DAO is not new (see this blog post by Ethereum founder Vitalik Buterin from 2014), true DAOs are few and far between. We think that makes Tracer a special project; it's been a DAO from day one.
Organising around a problem on a blockchain isn't easy, but it does leave a record every time members reach a decision about the project. Here's a brief history of the DAO, pulled together from all of our open-source code, governance discussions and on-chain transactions.
In September 2021, a proposal was passed to sell 50,000,000 units of TCR in the form of a gnosis auction. This was executed, and the auctioned TCR reached a price of 0.075 DAI/TCR. The proposal was completed here: