Projects
Initiative & Projects
Initiative: It is something the guild is trying to do to achieve its current objects. Initiatives are usually broader categories like On-Chain Cash Flows, DAO Operations, Community (e.g., distribution and curation), or Media Nodes. Make sure initiatives align with the DAO's Mission & Values and do your best to support its initiative and projects. You can also look to other guild's initiative and projects page to see what they're working on and if there's anything you can do to chip in. Make sure to include an initiative title and a brief description of the initiative underneath.
Projects are the things DAO members do to support initiatives. For example, the apparel drops on Metafactory and the BED Index support the On-Chain Cash Flows initiative.
Coordinator(s): These are the people that are coordinating the projects and activities that are being done to fulfil the initiative's goals.
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Legal Guild Initiatives/Projects
Project Name
Status Updates
Project Description
Project Docs
Coordinator
Project Goals and KPIs
Understanding whether the Swiss Verein would be a viable solution for a BanklessDAO off-chain legal entity
Discussion and presentation of a forum post
Craft the narratives that dress the legal properties and function of the BANK token from genesis and place a common understanding of the properties and function of the BANK token into mass adoption that transfers legal risk, if any, away from the DAO and onto token holders.
First questions
LexDAO expressed some views about how to set up a legal wrapper for the BanklessDAO
Eagle
Discussion and presentation of a forum post
Funding Granted.
January: Contributors Finalised
February: Content Submission
March: Publication
The Legal Guild would like to prepare a global tax guide (GTG) that provides a general introduction to virtual currency-related income tax laws for major jurisdictions. The tax guide will be a living document - updated as necessary for developments in the relevant law and to include additional jurisdictions. Access to the GTG will be granted via minting a Bankless DAO TaxPunk NFT (a new member of the Bankless DAOpunks family). Anybody will be able to mint the NFT and access the tax guide for a fee.
Lion917 & Taxpanda
The number of new clients that approach the Legal Guild for tax advice and tax planning.
The total number of Tokenized guides bought.
Funding Granted
A Bankless DAO Legal Guild podcast series with each episode focusing on succinctly addressing a specific DAO/Crypto related legal issue via an interview with a subject matter expert.
Comebackid
Growth in audience size from podcast to podcast
Quality of experts willing to be interviewed
Interest in sponsorship opportunities
Funding Requested in Forum
The Legal guild would like to spin up a research project aimed at Crypto DAO Nomads/Wannabe Digital Nomads. The research will involve contribution mainly from members of the legal guild, as well as some services from designers and editors. The total ask to execute this project is 99,999 BANK and the final deliverable is a report that can be minted by NomadPunk NFT holders.
jengajojo, lion917, Eagle, teresacd
In the course of S5, a team of legal experts will research and present a report on the top jurisdictions for Crypto Nomads. The report will include a short analysis of the Pros and Cons of each jurisdiction that is deemed worthy, and present the best destinations for people with different needs, in a generic setting along with a step-by-step guide on how one can establish themselves in this new nomad friendly jurisdiction. To conclude, the report will highlight the main steps one needs to take to change jurisdictions and point them to the bDAO Legal guild for further queries.
In progress
DAO wrappers impose varying degrees of centralization and regulatory requirements that can create friction in DAO operation. Adoption of a legal wrapper should ensure any legal entity(ies) created properly protects the intended members, activities, and assets.
Lawpanda
• Comment period for potential jurisdictions through June 16, 2022
• Assignment of jurisdictions/entities and clarification of parameters through June 30, 2022
◦ Volunteers for multiple viable jurisdictions from the Legal Guild have been identified and scope of tasking and assignment currently being narrowed.
◦ Meetings with projects and putative subDAOs as needed to discuss needs framework.
▪ To date: Bankless Loans, Fight Club.
• Research period and initial drafts through August 4, 2022
◦ Provide KPI update to the grants committee at midpoint.
• Follow-up research/edits through August 18, 2022
• Final edits August/September 2022
• Presentation October 2022