Fight Club Agenda meeting #18 - Nov 3, 2021

** Record Meeting **

11-3-2021_Fight_Club_Weekly_transcript.txt

56.8KB

Action Items from Oct 27

@apollo [medium] Update Best Practices page w/ writers & education guild

@liza_ch [low] Research Lichtenstein / New Zealand cooperative structures

• Potential off-shore entity structure.

• More info coming in the next few weeks

Team [low] Team On-boarding Documentation

• Materials and program to on-board new members

• Basic proposal here for discussion

• @liza_ch started a doc on on-boardinghttps://docs.google.com/document/d/17gL3EkYc6ggcH-r6830BSPjhukNgmnIlhO3bYnNW0Gc/edit?usp=sharing

@tesa @Nawaz [high] Contact Syndicate and obtain next steps

• @Nawaz and @Dionne in group chat

@tesa [high] Contact Coinocracy and let them know we are on hold with them

Team [low] Update channel descriptions in Discord / FAQs

@Elno [high] NFT poll

• Yes for genesis fundraising NFT

New Action Items

@Dionne @tesa_daa [high] Genesis NFTs

• @Dionne reach out to designers and collect portfolio links

• @tesa_daa create channel for portfolio links to be dropped

@sxi @Chao [high] Due diligence framework

• Coordinate with education team for synergies

@pilkster [high] Best practices for FC multi-sig

• Include a cost of transaction fee

• Build on Josjo80 tips for sending funds to FC mulit-sig

@tesa_daa [high] Syndicate question thread

• Create a thread for people to ask Syndicate questions

• Pin google doc to thread

team [medium] Level 2 Discord lesson

• Schedule a Level 2 lesson for how to use Discord

• Contact sponge or ernest_of_gaia

Agenda

Shoutouts

• @liza_ch + @fi_bo + @kahuna for Education Program outline

 

1) Updates

Fight Club general

1) Fight Club Governance

• Meeting summary notes
https://www.notion.so/bankless/FC-Governance-Meeting-1-Oct-27-2021-f77c176bbac7487db841ed14ed0e2eda

Is FC a node under bDAO or are we separate like DAOpunks?
Separate Discord / DAO governance?
Action Item: Roles set up @dionne
 

2) Genesis NFT Poll Results

• Next steps?
Who is the artist?
Action Item:
@dionne to check with design guild
@tesa_daa create thread for artists to drop portfolio links
 

Fight Club venture DAO aka Round 1

1) Syndicate Next Steps

• Requires: 1) entity name, and 2) list of genesis members
Genesis members will need to be accredited
Provide personal information that includes US tax info for K-1s
Compliance with US sanctions (not living in Iran, North Korea, Syria)
parallelmarkets.com

• Questions & answers are here:
https://docs.google.com/document/d/1ylJ3I-uvjjqSy5htrD_iBa6-E0vtp0FSpjO_AK8Xuew/edit?usp=sharing
Fight Club Entity Name
@Bauhaus - can change Fight Club name later via dba
@pilkster - might be difficult to change if we have already set up website, snapshot and other stuff
lavayeya - Fight Club Genesis Fund
josjo80 - FC trivia search
Logistics
pilkster - real control on tech
fi_bo - US entity get up and going then launch off-shore entity
bauhaus - members set up LLC and pass along LLC members
pilkster - ubo might be kyc'd anyway
elno - more barriers
dionne - concerned about personal information on-chain
pilkster - wallet address
fi_bo - best practices → guide
bauhaus - write something for legal guild
lavayeya - taxes - K1
Rolling fund
@dionne - rolling seasonal
 

2) Due Diligence framework - @Chao @sxi

• Deal evaluation workflow
Pipeline meetings
Deal teams - single sponsor vs deal teams?

• Deal presentation template
1-pager - company, founders

• Due diligence checklist for deal teams

• Action Item:
@sxi - working document next week

 

Education Program

1) Education Project

• Feedback on webinar series

https://docs.google.com/document/d/1xFSPXn-rI17Y_6UXVEhj17cz1ZlOJvFxdCd4Ohd4Nps/edit?usp=sharing

• fi_bo - working on pilot next week
anyone with vc backgrounds contact fi_bo and liza_ch

 

2) New Items / Discussions

• Discord for Dummies - can someone go? dionne, elno, fi_bo
dionne - asked Marvel for level 2 workshop
sponge - level 2 will bring that back to team
ernest_of_gaia - Ops guild can provide a lesson for FC
Action Item:
set up a Discord level 2 lesson

• What to do with different currencies in Gnosis. Currently DAI, USDC and BANK
fi_bo - sending ETH today
josjo80 - should add ETH

• Confirm what everyone is expecting from their investment

• Do we want/need to accept more funding for now? Elno has received a $5k 'donation' offer.
elno - another L2 network
josjo80 - keep the token count down
Action Item:
@pilkster Instructions for how to send funds to multisig
lavayeya - transaction fee for sending wrong tokens
bauhaus - conversion cost = gas + 5%
josjo80 - looking at Polygon

• Tax issue
who is the tax person
Action Item:
@tesa_daa create a thread to ask questions for Syndicate / Larry

 

3) Questions / Polls