Genesis Fund - weekly meeting #5 June 26, 2022
Property
Date
Aug 23, 2022
date
Jul 12, 2022
Tags
Last to edit
Items outstanding:
Allocation proposal between:
ventureDAOs and syndicate
oversubscribed deal allocation priority in syndicate
ventureDAO members should have priority but what is the allocation split
60/40
75/25
venture dao min allocation 100k
syndicate min allocation 100k
1) venture dao full 100k allocation, do the venture dao members get priority in the syndicate 100k? what is the priority?
- decentralized on the syndicate member allocation, optimize for participation
2) venture dao does not full 100k allocation, syndicate picks up the remainder.
AngelList SPVs as an MVP
Poll for accredited investors to create SPV
Legal issues for investment clubs
Contracts for collaboration → auditors
Tokenomics relationships
TEC
Wildfire DAO - NF Thinker Twitterspace
Circle back with Syndicate
reschedule for friday → lettucemeet
Website testing Coinocracy Rinkeby testing and user experience/documentation
HashedMae contract review
Operating agreement George - JosJo80
returned draft
Tesa working comments in
KYC members → Coinocracy no longer paying for KYC
Sabina for the current list
Push for vote on fund decisions (i.e. closed or open)
Create a list of fund decisions
Deck for investors
Due Diligence meeting for AcadArena
StepX deal review of deck - next week (tesa)
Bring Kevin in for a presentation with investors + due diligence team
Agenda
1) Review the Deal Fees proposal
2) Refine allocation proposal
3) Tokenomics experts
4) Contracts for auditor collaborations
5) Reschedule Syndicate protocol
Website testing
1) Tesa creating a how-to-use guide
2) FC to create a list of questions and issues
- create a format for feedback
- not great on mobile
3) On-board members
4) Assign tasks for website testing
- ragekick
- ragequit
- delegating votes
- proposal for membership join
- proposal for projects
- voting on proposals
Testnet instructions
*for all members who are interested in genesis fund - to be announced in the meeting
1) Create or have a Metamask wallet with the Rinkeby RPC
- How to add Rinkeby RPC to Metamask wallet
2) Have Rinkeby ETH in their wallet
- Get Rinkeby ETH here.