Founders DAO

Proposal to Elect the Executive Committee to Stand-Up DAO Business Strategy & Constitution

This proposal seeks to elect an executive committee (the “Committee”) for the Founder’s DAO (“DAO”) that will oversee the development and finalization of the business strategy and the constitution for the DAO. Additionally, the Committee shall be charged with collecting feedback and community input about the business strategy and constitution before submitting it for final approval of adoption by the DAO. The committee should consist of (5) DAO token holders, and will disperse after the business strategy and constitution are completed. The hope is that a Steering Committee of (3) members will be elected and formed after to help manage and steer the DAO business ventures.

This proposal aims to start an election so that the DAO members can elect the (5) representatives who will define and complete a formal business strategy and constitution for the DAO to execute upon. The Candidates are as follows (You can find out more about each candidate at the application form responses here: https://docs.google.com/spreadsheets/d/1hJhnUfINnYxf4xcfZKs5gnkLqanyJWKzocQM-Br72T4/edit?usp=sharing )

Candidates:

@mesk__85 / mesk85.eth#1911 sAndElf#8691 bennydlowkey Macdad#5273 averagejocrypto#8842 CryptoScottie#6527 / @CryptoScottie verbdan @SoCalBeachDaze / Lain333#6643 @Doop#1373

Please select the order of which candidates you believe best for this temporary executive committee to formulate the constitution and business strategy for the DAO as outlined in this proposal that passed: https://snapshot.org/#/foundersdao.eth/proposal/0x8ff2089d2f91f3993d0f93db7a400843e931d59db72f22d000cc359f2ffbb507

Business strategies and constitutions (example in the last sections below) are pivotal to the success of any organization, including decentralized autonomous organizations. Currently, PVFD is looking to shape its brand, build income streams and scale its value. Establishing a specific committee that can represent the interests of DAO members is necessary for the community to quickly and definitively build our strategy and constitution to hand over to a steering committee to help manage and progress with the community.

Business Strategy & Constitution Launch Election Process:

The Communications Committee will create and post a Survey in DAO Announcements for all members within the FoundersDAO interested in being elected to the Executive Committee to participate with. (done) Interested members will need to complete the survey by the posted deadline in order to be a candidate in the election. (done) A Twitter Spaces for PVFD will be held to chat with any candidates that would like to share their vision for PVFD and experience with business strategy Members will be allowed to share their portfolio or anything else that will help their chances within the discord or in the forum section of the proposal. Snapshot will be used to vote in the (5) members on this temporary Executive Committee to create the business plan and constitution

The election will take place through Snapshot. A google survey will be sent out to all DAO members so they can apply for the committee.

Committee Charter

Second, the Committee must adhere to the Communications Committee Charter, which is in draft form here (link 5). This charter shall seek to be a guidepost for current and future Committee representatives, as they seek to scale the DAO communications channels properly and efficiently.

Committee Fees

The DAO should seek to engage with individuals who are (1) passionate about business structuring and strategy and (2) have the necessary skills to effectively scale the DAO business and asset worth. In order to capture the most optimal talent, and in consideration for the services provided, the Committee representatives should receive value each month.

The estimated time per month that each Committee representative will spend to draft up the final business strategy and constitution is approximately 10 - 20 hours. Our initial suggestion would be to propose that each Committee representative receive $500 worth of $APE Coin so long as such person is a part of the completed version of the Founders DAO business strategy and constitution. Each member will be paid $500 in APE after the proposal to instate the business strategy and constitution has passed via Snapshot vote.

Committee Suggested Experience

This proposal proposes that the elected committee members who serve should have the necessary experience and can commit the 10-20 hours time as soon as the proposal is passed. Committee members will have the ability to vote out someone of their own committee if necessary.

Motivation

To establish a constitution and business strategy platform outside of Pixel Vault, Inc.and specifically for the Founders DAO; to create a sustainable and concrete plan to grow our vault assets and community member base in an adaptive and progressive way that appeals to the majority of our current members.

Benefits

This proposal seeks to establish DAO’s business strategy and constitution so that it can carry on with other ventures in a seamless and brand aligned fashion.

Drawbacks

Formalizing a business constitution and strategy will require time and dedication that DAO token holders may not have to come together in an organized manner; however, by adding a small incentive mechanism, we look to have engaged representatives of the community participate on this committee. Another drawback is operations and implementation amongst DAO tokenolders.

Strategy Framework

“A Good Strategy identifies one or two critical issues and then focuses and concentrates action and resources on them. It doesn’t just draw on existing strength; it creates strength through the coherence of its design.”

A strategy is not a list of goals or aspirations. We must diagnose the most important challenges to focus on, and then build an approach to deal with the obstacles.

What are the most critical challenges facing the FoundersDAO? What are the guiding principles that are important to the FoundersDAO? What are realistic actions that can be taken to deal with those challenges?

Example Strategy for the FoundersDAO:

An example of a business strategy for the Founders DAO can be found here: https://docs.google.com/document/d/1-OVfcRwQDciaP8l2RCzcarF5zCdVJAnrjZnaVlexpM0/edit?usp=sharing

An example of a DAO constitution from ENS - https://docs.ens.domains/v/governance/ens-dao-constitution

Outcomes

The goal for this proposal is to establish a DAO-specific business strategy and constitution that will efficiently scale the DAO’s assets, income streams and community base beyond its current status. The optimal outcomes include (1) A business strategy which includes our mission/vision/executive summary that will then lead into defining what milestones, brand and business development should be like, (2) An understanding of how we look to leverage our assets and community to create more wealth for the DAO and notoriety in the space and (3) to build an adaptable system of growing our DAOs business strategy and development.

The overall community’s primary challenge is to onboard new members into the deep character and complex universe of Pixel Vault, FoundersDAO, and UPDAO. The care and support of new and existing members can only be accomplished by our collective efforts. We are all responsible for being advocates and of service to others. Peer-support is a core principle value of all FoundersDAO members.