Greeting esteemed collaborators,
The core Ecosystem team (Kate, Livia, Eric) at DAOstack have been tasked with being the bridge between DAOstack and the Genesis community - ensuring DAOstack are represented in the DAO as major stewards of the project, platform and tech and funders of Genesis. Genesis is the first DAO of DAOstack and will someday be responsible for the GEN treasury so it is important to design it well to ensure skin in the game is represented and it has the ability to grow and flourish.
As part of this role, and to help us migrate to the next evolution of Genesis (1.0), we have built some foundations that need input and feedback from the community in order to get them to the point where they represent us all well, these are:
- Reputation distribution
- Mission and Principles [DAOtalk Discussion]
- Objectives (initial thoughts here - more detail to follow) This piece of work acutally originated in a proposal passed by Eric A before he joined the DS Ecosystem Team
- Budgeting areas (Budgeting areas is a piece of work from Lior who has an idea for how we can direct our proposals and spending efforts to better use the funds to achieve our goals).
It is super important to get the input from the community now that we have some proposed foundations for the Genesis DAO going forward. And of course, these proposed foundations will only be established if they are passed by vote in Alchemy.
How you can input
First: make comments on the 4 DAOtalk threads (if possible propose adjustments to the text or additions)
Second: we’ll have a 2 (or more if needed) input sessions to discuss these foundational texts, to propose changes or suggestions that people may have and figure out how we can integrate them. This may be challenging, but with consructive attitudes I’m sure it can be done.
The Weekly Call this Tuesday 19/26/2019 will be used to discussed the Mission and Principles and Objectives. We can have another session for those who cannot make the weekly call and we will continously collect feedback via ongoing DAOtalk’s.
The following weekly call 26/11/2019will be used to discuss Budgeting Areas. Again if people can’t make the call and want to input we’ll figure out a solution.
Two More Foundational Pieces
There are two more aspects of the Genesis 1.0 design that we’d like to cocreate with the community by catalysing small and invited task forces - these two areas are:
- Genesis Alliance
- Funding Module
The Alliance will be a group of Genesis members and teams who are highly staked into the project (either by locked GEN or work). Many open networks create different levels of engagement to enable strategy and stewardship to take place while the network grows and new people join.
The objective of the Alliance is to allow some coordination - the details of how this will occur and how it will best serve Genesis need to be worked out by the Task Force responsible for designing solution. They will need to get input from the community and DAOstack before submitting a proposal. I will invite a small group to help me design the Genesis Alliance (I don’t exactly know how this invitation will work yet) but this group should represent some of our different interests in the community (DAOstack, DAO founders, builder teams, GEN holders).
A Funding Module could enable Genesis to directly raise funds itself, using the GEN it will govern. This is a very difficult task that needs careful consideration of many factors including the price of GEN on the market, crypto-economics and of course our principles and objectives as a community. We think we can delay the formation of this Task Force till Genesis 1.0 is up and running and the Alliance has formed.
Utilising significant expertise of some members of the DAOstack team we worked on an attempt to attract funding to Genesis but through some fast testing realised it wasn’t going to fly and that this could potentially be done by the community itself. We will realise details on this so the Task Force can learn and improve.
Note: it is my opinion that members of these critical task forces should propose to be paid for their time, if they wish.
Thanks a lot if you made it to the End here and looking forward to moving forward together . Please leave comments or feedback on the process I have set out above.