BanklessDAO
BanklessDAO
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Operations Department
Operations Department
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Notion Administration
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Top-Level BanklessDAO Notion Pages
Top-Level BanklessDAO Notion Pages
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Projects
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Fight Club
/
Formation / Logistics Questions

Formation / Logistics Questions

Assign
Collaborators
Documentation
Date
Status
Completed
Priority
Medium
Dependency
Type
Admin
Needs
Notes
Description
Property
Property 1
Property 2
Property 3
1) Governance
  • [Poll] Which smart contract platform and governance model should we use?
    • Moloch v2
    • Aragon
    • Action Item: Erin Ride (from Open Law) @liza_ch set up a call
    • Poll to follow Open Law conversation
2) Legal formation
  1. [Poll] Which jurisdiction for non-US VC DAO? Open Law @liza_ch
      • Cayman Foundation
      • Swiss Verin
      • Poll to follow Open Law conversation
  1. Which service provider should we use for set-up?
      • Open Law
      • @Liza_ higher level call to consolidate information on service providers and cost estimates
      • Poll to follow Open Law conversation
  1. Are we setting up an US and a non-US VC DAO or just one? TBD which is first?
      • @pilkster determine soft commitment of investors first
      • Blocked: by Treasury / BANK token sale / swap
      • Blocked: by minimum commitment necessary to form entity.
3) Membership Questions
  1. Membership criteria
      • What is the minimum BANK required to join Fight Club?
        • Investor members have higher threshold.
        • Any Bankless DAO member can be a Fight Club member (per jurisdication).
        • Entities higher threshold from corporate members. Zeina AlThawabteh
        • Way to help other members who can't make the threshold participate as investor members. @pilkster
      • Options for those that aren't accredited investors?
        • Education program
  1. Member roles
      • See Pilkster's document
4) Deal Questions
  1. Are investments made on an individual basis or via the entire DAO? @matt24
      • Stacker Ventures - Due Diligence
      • The LAO - DAO invests
      • HoneyDAO - rolling investment open to all members
  1. Can members size up on certain deals or is the amount restricted?
      • Each member receives allocation then can up-size based on unused allocations?
      • Larger subscriptions approach the project directly?
  1. Will there be a due diligence committee or how a reputational-based system to rate members?
      • MetaCartel Ventures - any member can make a proposal
      • HoneyDAO, Komorebi - due diligence committee
  1. How to handle over-subscription.
      • HoneyDAO - larger subscriptions scaled back so everyone participates
  1. Can we establish a niche fund model under Bankless VC DAO? @777andro91
      • Similar to Syndicate DAO → Bankless NFT DAO, etc.
5) Token sale
  1. How are we pricing the tokens? (Based on estimated costs + buffer?)
      • Treasury has been using a discounted methodology for pricing
      • Relative value for market cap vs comp DAOs (Raid Guild, FWB DAO)
  1. Should the private sale be offered to Bankless DAO members + strategic investors
      • Should there be a priority?
      • How do we handle over-subscription?
  1. Require staking in a 90+ Balancer pool to increase liquidity?
  1. Tokenswap with Bankless DAO @Matt24
      • Fight Club token → swap with Bankless @pilkster
  1. Action Item: Research Token Swap / Sale Proposal for Treasury @tesa_daa @pilkster
6) Project Involvement
  1. Can Fight Club retain an advisory board equivalent position? @pilkster
  1. How can Bankless human capital be used to support the project? @777andro91
      • HoneyDAO - worker bees metaphor
7) Education program
  1. Is Due Diligence committee different than Education program or part of?
8) Logistics
  1. Should Fight Club become a project or a subDAO? @Dionne
      2. Conversation with @above_average_joe indicates that Fight Club should go the same route as the Bankless Academy (project) or like the Bankless Media Node (separate entity → subDAO).
      • Grendel proposed a subDAO, subTOKEN linked to banklessDAO
      BanklessDAO subDAOs and subTokens
      Title: BanklessDAO subDAOs and subTokens Author: Grendel Date: Aug 25 Faced with some stimuli received, mainly from Joaoh of BanklessBrasil, we began to think about how to create and organize subDAOs linked to BanklessDAO. In none of the cases there would be the desire to terminate the link with BanklessDAO, but to continue to use both BanklessDAO and the subDAO.
      BanklessDAO subDAOs and subTokens
      https://forum.bankless.community/t/banklessdao-subdaos-and-subtokens/1481/11
      BanklessDAO subDAOs and subTokens
  1. Separate Discord once Fight Club is formed
  1. DAO Wiki - @Pilkster
  1. DAO website http://www.bankless.vc/
  1. DAO email addresses for 'official' communication
  1. How will Bankless DAO be compensated?
      • Use Research Guild for Due Diligence?
      • Direct projects to work with Bankless Media for PR?
 
 
BanklessDAO
BanklessDAO
/
Operations Department
Operations Department
/
📖
Notion Administration
/
Top-Level BanklessDAO Notion Pages
Top-Level BanklessDAO Notion Pages
/
🚧
Projects
/
🥊
Fight Club
/
Formation / Logistics Questions

Formation / Logistics Questions

Assign
Collaborators
Documentation
Date
Status
Completed
Priority
Medium
Dependency
Type
Admin
Needs
Notes
Description
Property
Property 1
Property 2
Property 3
1) Governance
  • [Poll] Which smart contract platform and governance model should we use?
    • Moloch v2
    • Aragon
    • Action Item: Erin Ride (from Open Law) @liza_ch set up a call
    • Poll to follow Open Law conversation
2) Legal formation
  1. [Poll] Which jurisdiction for non-US VC DAO? Open Law @liza_ch
      • Cayman Foundation
      • Swiss Verin
      • Poll to follow Open Law conversation
  1. Which service provider should we use for set-up?
      • Open Law
      • @Liza_ higher level call to consolidate information on service providers and cost estimates
      • Poll to follow Open Law conversation
  1. Are we setting up an US and a non-US VC DAO or just one? TBD which is first?
      • @pilkster determine soft commitment of investors first
      • Blocked: by Treasury / BANK token sale / swap
      • Blocked: by minimum commitment necessary to form entity.
3) Membership Questions
  1. Membership criteria
      • What is the minimum BANK required to join Fight Club?
        • Investor members have higher threshold.
        • Any Bankless DAO member can be a Fight Club member (per jurisdication).
        • Entities higher threshold from corporate members. Zeina AlThawabteh
        • Way to help other members who can't make the threshold participate as investor members. @pilkster
      • Options for those that aren't accredited investors?
        • Education program
  1. Member roles
      • See Pilkster's document
4) Deal Questions
  1. Are investments made on an individual basis or via the entire DAO? @matt24
      • Stacker Ventures - Due Diligence
      • The LAO - DAO invests
      • HoneyDAO - rolling investment open to all members
  1. Can members size up on certain deals or is the amount restricted?
      • Each member receives allocation then can up-size based on unused allocations?
      • Larger subscriptions approach the project directly?
  1. Will there be a due diligence committee or how a reputational-based system to rate members?
      • MetaCartel Ventures - any member can make a proposal
      • HoneyDAO, Komorebi - due diligence committee
  1. How to handle over-subscription.
      • HoneyDAO - larger subscriptions scaled back so everyone participates
  1. Can we establish a niche fund model under Bankless VC DAO? @777andro91
      • Similar to Syndicate DAO → Bankless NFT DAO, etc.
5) Token sale
  1. How are we pricing the tokens? (Based on estimated costs + buffer?)
      • Treasury has been using a discounted methodology for pricing
      • Relative value for market cap vs comp DAOs (Raid Guild, FWB DAO)
  1. Should the private sale be offered to Bankless DAO members + strategic investors
      • Should there be a priority?
      • How do we handle over-subscription?
  1. Require staking in a 90+ Balancer pool to increase liquidity?
  1. Tokenswap with Bankless DAO @Matt24
      • Fight Club token → swap with Bankless @pilkster
  1. Action Item: Research Token Swap / Sale Proposal for Treasury @tesa_daa @pilkster
6) Project Involvement
  1. Can Fight Club retain an advisory board equivalent position? @pilkster
  1. How can Bankless human capital be used to support the project? @777andro91
      • HoneyDAO - worker bees metaphor
7) Education program
  1. Is Due Diligence committee different than Education program or part of?
8) Logistics
  1. Should Fight Club become a project or a subDAO? @Dionne
      2. Conversation with @above_average_joe indicates that Fight Club should go the same route as the Bankless Academy (project) or like the Bankless Media Node (separate entity → subDAO).
      • Grendel proposed a subDAO, subTOKEN linked to banklessDAO
      BanklessDAO subDAOs and subTokens
      Title: BanklessDAO subDAOs and subTokens Author: Grendel Date: Aug 25 Faced with some stimuli received, mainly from Joaoh of BanklessBrasil, we began to think about how to create and organize subDAOs linked to BanklessDAO. In none of the cases there would be the desire to terminate the link with BanklessDAO, but to continue to use both BanklessDAO and the subDAO.
      BanklessDAO subDAOs and subTokens
      https://forum.bankless.community/t/banklessdao-subdaos-and-subtokens/1481/11
      BanklessDAO subDAOs and subTokens
  1. Separate Discord once Fight Club is formed
  1. DAO Wiki - @Pilkster
  1. DAO website http://www.bankless.vc/
  1. DAO email addresses for 'official' communication
  1. How will Bankless DAO be compensated?
      • Use Research Guild for Due Diligence?
      • Direct projects to work with Bankless Media for PR?