WE ARE CREATING A dao setup wizard THAT ANYONE WITH NO CODING SKILLS CAN USE TO MAKE A DAO
Our platform will help to:
— create, configure and maintain various DAOs,
— enable smart contract wallets for DAO members,
— execute escrow deals with crypto & tokenized assets on a smart contract.
JMC DAO design could be used as a typical DAO base model
for investment structures
JMC DAO model combines the speed of centralized decision-making for everyday tasks and the advantages of a DAO.
Decision-making is split in two processes
All JMC DAO on-chain decisions are automatically executed
by the smart-contract
DAO is a quantum leap in corporate
governance and investment
management, a huge change in the
way future corporations will look
like and do business
DAOs have a great disruption
potential for corporate governance,
a concept that has hardly changed since its inception centuries ago
Large investors have not yet had time to understand what opportunities for control over investments they get via investing through a DAO structure
Vote on-chain to allocate DAO funds
for investment projects. This is not
a board but rather an investment committee.
Have a fiduciary duty to ensure actions
of the Manager and the Experts
are aligned with interests of the DAO,
its statutory goals and applicable law.
Implements DAO decisions and provides its connection to the “real world”, bank fiat accounts, legal wrapper.
Make proposals for investments
& changes to the DAO smart-contract
Vote with tokens
Block decisions of the Experts prior to execution
Assign, replace Experts, Manager or Protectors anytime
Rage-quit if disagree with DAO voting results
Proposals that get the minimum number
of supporting votes are moved to the Voting Queue and put to DAO Voting
A Proposals is approved if:
It has a certain minimal support of DAO votes
AND
Votes cast for it are greater than
votes cast against it
An Investment Project should be first approved by the majority of Experts & Protectors
Step 1 Experts & Protectors Vote
An Investment Project is approved if:
Votes cast against it are less than a certain “block” threshold
OR
Votes cast for it are greater than votes cast against it
Step 2 DAO Voting Type II
Built-in voting procedures
for all major DAO issues
A lot of parameters
adjustable by DAO Voting
Open code
Makes token emissions
Transfers budgets & remuneration
Automatically transfers funds from the treasury
for investments if the DAO approves it on-chain
Puts temporarily free treasury funds
to permitted DeFi protocols
Uses DAO revenue to buy back its tokens from the market or distribute dividends to token holders