AIP #22.2 - Abracadabra DAO Legal Framework: Bridging Worlds - Phase II
Following the successful passing of AIP 22, the DAO decided to choose Switzerland as the preferred jurisdiction in which to look for a Legal Entity. It is now time for the DAO to accept options based on this jurisdiction, in order to move the creation of the legal entity forward.
It is important that options coming from the community are now able to be proposed for the DAO consideration. In order for these proposals to be accepted or considered, they need to adhere to a certain template.
These options might include legal offices, trustees, and attorneys that are familiar with and specialized in the decentralized space.
Note: this paragraph has been added to AIP 22 on 22/08/23
Template
The following is a skeleton Template that can be used to structure any option to be presented to the DAO.
- Overview of Suggested Structure: Explanation of the Suggested structure, pros and cons.
- Management and Operations: Detailed Explanation of how operations will be managed.
- Major Use Cases: Examples of major use cases and uses.
- Control: Clear explanation of why the DAO will still be in control of the legal entity.
- Reporting: Reporting on the yearly expenses and operations.
- Scope of Engagement: Overall engagement Scope.
-Responsibilities: DAO and Legal Entity Responsibilities.
-Proposed Structures
- Fees and Engagement Terms: Detailed explanation of the engagement terms.
- Costs Involved: Costs that the DAO has to incur to create and manage the Legal Entity.
-Focus and Goals
The main goal of this stage of AIP 22 is to allow DAO members to vote upon the Legal Entity Structure they prefer, considering both which legal entity is presented (i.e legal offices, trustees, and attorneys that are familiar with and specialized in the decentralized space, etc), what roles it can fulfill and ultimately the overall costs (both one off and maintaining cost for the DAO).
Options Submission and Voting
The following section will be amended adding any option that will be presented to the DAO in the next couple of days. To present an option, simply post a reply to AIP 22 titling it: [AIP22.2 - Option], our contributors and moderators will proceed to include it in the main AIP 22 text, mentioning who proposed it.
Option 1 - @tomcont - AIP #22 - Abracadabra DAO Legal Framework: Bridging Worlds - #11 by tomcont
Option 2 - @AlexDAObox AIP #22 - Abracadabra DAO Legal Framework: Bridging Worlds - #12 by AlexDAObox
Following this, voting on Snapshot will be posted and will last 72 hours, after which an option will be selected.
This will be the topic of voting for AIP 22.2
Snapshot voting starts Friday 01/09 at 14:00 CET. Voting can be found here.