Bankless DAO is a decentralized community with one mission: To help the world #gobankless.
The bankless movement is now larger than any single entity, newsletter, podcast, or person to contain. It needs an internet scale organization to achieve its goals. So the bankless community is launching a DAO. This is scalability for the bankless movement.
BANK is a fair launch distribution. The only recipients of BANK at genesis are individual community participants. Despite the effort put into founding this movement and future plans to participate, neither Bankless LLC nor the Genesis team have a BANK allocation.