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Past Votes

24

CIP 212 - Return Funds to Citizens

Summary:

With the departure of myself and David, who have historically kept the DAO in compliance, paid taxes, and maintained the off ramps, I believe now is the time to return the CityDAO Treasury funds to Citizens pro-rata.

After failing to pass 7+ proposals 4, I see no path forward for us to agree on a reasonable way to spend the money, and keeping millions of dollars in a multisig leaves it vulnerable especially over a long period of time with multisig members cycling in and out.

I will be leaving the multisig, closing the bank accounts, off ramps, and CityDAO social media accounts, discontinuing to pay taxes our properties, and completely removing myself out of the operation of the DAO.

The most responsible path forward is to return the funds to the Citizens who contributed them.

The claim will be about $320 per NFT according to my napkin math from this post 10, but that is heavily dependent on ETH fluctuations.

Implementation:

Upon passage of the CIP, any Citizen may volunteer to be a part of the Return of Funds Task Force. They will decide on an implementation mechanism and have a budget of $3,000 to develop and audit a smart contract as necessary and pay legal fees for any research needed into dissolution.

The most likely scenarios are either an airdrop to return the funds or a smart contract that lets Citizens claim their share of funds are options.

TImeline:

Upon passage of the CIP, the Return of Funds task force will convene and develop a mechanism to return funds and initiate the process within 30 days.

APPROVE
4 votes
4 months ago

CIP 207: CityDAO Compute Cloud - Build a GPU Cluster in Wyoming

I propose we start the world’s first crowdfunded compute cluster in Wyoming to take part in the AI revolution and earn income for the DAO.

TLDR

It’s time to do something big to bring CityDAO back to the forefront of the conversation and bring new life and energy to the DAO, and we are uniquely positioned to pull off building a large cluster of GPUs in Wyoming.

We have capital, land, and a Wyoming-based legal entity. And at ~6 cents per kWh, Wyoming has just about the cheapest electricity in the states, making it the perfect place to do this.

Budget:

Total proposed budget: $600,000 USD

  • $500,000 - Purchase 300 Nvidia GeForce RTX 4090s (and potentially other GPU types)
  • $70,000 - Servers, equipment, other setup costs
  • $30,000 - Legal and misc expenses

Business Model

I believe this could generate about $30k / mo for the DAO treasury. Here is the full breakdown of the unit economics 27.

Upon passage of this proposal, Scott will lead implementation of the effort, setting up a fund with CityDAO LLC as the main limited partner and Scott (and potentially others at his discretion) as a General Partner. The DAO will spend $600k for shares in the new fund, and be paid quarterly dividends from the operation of the GPUs. The fund will have a standard 2/20 management fee model. The GPUs will earn revenue by being put on Runpod or a similar service.

Benefits to CityDAO

  • A consistent income source for the treasury. These GPUs have an estimated payback period of 12 months and after that generate mainly profit.
  • Status and reputation - the first cluster will be called the CityDAO Compute Cluster, and as the first crowdfunded compute cluster will be a hit on Twitter and a real contribution to the AI and crypto communities.
  • Compute - having a bunch of compute is cool - we can let citizens use it at a discount and even train our own models on it.

Benefits to Citizens

  • Access to a CityDAO Compute Cloud shared server Citizens can use to do things like host websites, run code, etc.
  • Potential for discounted or free compute allocation (depends on the economics and will be considered depending on how fast the GPUs are paying off)

Why should we do this?

  • Timing - This is the perfect time to start the world’s first crowdfunded GPU cluster.
  • New energy and purpose - CityDAO needs an ambitious new project to rally around. The DAO can build tooling and projects around the cluster. Maybe we can all go to Wyoming and visit!
  • Wyoming connections - We are uniquely already set up to operate in WY and I recently got connected with a Wyoming-based datacenter with just about the cheapest electricity anywhere - 6 cents per kWh that set up all the infrastructure to run GPUs.
  • Future of AI - Demand for compute is projected to increase a lot over the next decade.

Risks

  • I want to be transparent that it’s hard to predict the future and demand for compute or our specific GPU type could decrease.
  • One reason 4090s are so appealing is they are underpriced in the market because Nvidia’s terms of service require they be used by consumers, not in data centers. One large risk here is that they somehow start enforcing this provision.
  • AI may be in a bit of a bubble and demand for compute could decrease.

Updates - 2/13/24

  • I’m lowering the ask to $600k - still enough to start up the cluster and run the experiment and a much smaller percent of the DAO treasury
  • At the time the cluster goes live, Citizens will each get a free CityDAO Compute NFT to commemorate the moment.

Updates - 3/5/24

  • Location: Upon passage, we will do a search for the best data center with the cheapest electricity pricing instead of being tied to Wyoming. For example, states like Texas and Arizona might be better since they have more data center infrastructure already built out.
  • Marketing reel: We will take videos and create a marketing reel documenting the process to post on Discord and Twitter

Update - 3/8/24

  • Added Risks section
  • Added Citizen Benefits section
  • Diversify beyond 4090s and purchase other GPU types

APPROVE
4 votes
6 months ago

CIP-203 ETH Treasury Yield with CityDAO Validators

Earn income from our WETH treasury and contribute to decentralisation

The treasury has 656 WETH that has been sitting idle for over a year.

This CIP proposes creating 20 x 32 ETH CityDAO validators to earn yield on our treasury, whilst also contributing to the decentralisation of Ethereum.

Income We could be earning 28.8 ETH ($55k) per year on our current treasury (640 x 4.5% APR).

Decentralisation By creating CityDAO validators, instead of using LIDO stETH, we’re helping decentralise the validator set. Lido currently controls over 30% of all Ethereum validators.

Risk We currently hold ETH and there is no additional ETH exposure risk. No smart contract risk. By running our own validators, we don’t have any smart contract risk with a liquid staking token.

Slashing risk. Validators will be run by a trusted Node Operator with historic experience.

Withdrawals The beaconchain now allows for withdrawals, when we need to sell ETH, we can withdraw validators in 32 ETH lots or all at once.

There is currently no exit queue to withdraw validators, but this could change in the future and we should plan for withdrawals ahead of them being required.

Node Operator The CityDAO Node will be operated by Reeves (proposal author) who has been running community validators for years. Reeves was a facilitator and Gnosis Signer of the CityDAO Dev guild when it existed, and worked on the Parcel-0 Land NFT.

Costs Initial Hardware Costs: $1,500 USD to purchase dedicated hardware for CityDAO.

Commision: 10% of income to the Node Operator to cover running costs (maintenance, power and internet). This is the same commision that is charged by Lido if we were to use stETH. Rocketpool has a 14% commision.

Approve
4 votes
9 months ago

CIP-202: City Council 2.0 International v.2

TLDR

The purpose of this CIP is to create a more inclusive CityDAO Council and to fund the Community Team, which will make sure we have engagement across multiple communities. This CIP will last for 6 months, followed by democratic, open elections. The quorum for this CIP is 500 votes and the requested total budget is $107K. This CIP combines both a council CIP and the community team CIP, which is why the budget is high.

Why is this needed?

For the past year, CityDAO has had some very important problems that we cannot fix without authorization by the community through a CIP. The main problems can be explained in three categories: administrative, legal and taxes.

Administrative:

Our multisig wallet has members who are no longer part of the DAO. This is not safe. Our quorums make it too easy to request large amounts of money and only require 51% approval from voters, no matter how much money is requested. Our voting allows for certain individuals to control the votes. Our international communities do not have enough representation. We have no process for complaints and grievances, which has led to negative behavior on the discord. This destabilizes our community and makes it harder for citizens to get involved with CityDAO. How to make sure that people who are paid to do work do not get paid unless they accomplish their work.

Legal:

We don’t have clarity on what CityDAO can do to earn money as an American DAO LLC. Without this, we keep spending money without making any money. We don’t have anyone who can legally sign contracts on behalf of CityDAO for our events, partnerships, or for when we hire independent contractors for work.

Taxes:

We need to pay our taxes and send out the proper forms from the American IRS to anyone who gets paid more than $600 per year. We need a CPA (certified public accountant) to handle some of these tax issues.

The proposed City Council 2.0 would include the following seven people: Blackacres, David, Nico, Ming, Lupei, SimplePixel, Serkan

Blackacres North American (NA) community communication Advisory board communication lead Handling and filing taxes including CPA oversight and paperwork Clarify the charter (GROUP) Clarify how an NFT holder confirms their citizenship for forum likes Clarify Snapshot voting to refine algorithmic quorums and/or implement quadratic voting Human Resource Management (GROUP) Complaint and grievance process

David Work with outside counsel to handle legal issues in CityDAO Clarify who can sign contracts on behalf of CityDAO Clarify the charter (GROUP) Clarify how an NFT holder confirms their citizenship for forum likes Clarify Snapshot voting to refine algorithmic quorums and/or implement quadratic voting Human Resource Management (GROUP) Complaint and grievance process Hiring and dismissal of independent contractors Dismissal of council members and other DAO members from groups Clarification on DAO tool access

Nico Taking notes on meetings Summarize round-ups Keeping things in check on that we’re on topic at meetings Community (GROUP) Cross channel communication across communities Help out with community calls, especially with NA and China areas. Hosting Twitter (X) Spaces Strategic operations (GROUP) If someone proposed something and didn’t follow through, should they still get paid? The work people say they’ll do and what they actually do should be documented and shared with the DAO. How can we ensure accountabilities for passed CIPs Assist with strategic communications about the long term development for CityDAO - what are we building?

Ming CN community communication Wechat group management and public account management IRL meetups in China Translate newspapers and round-up into Chinese Partnerships and communication with other CN DAOs DAO TALK Twitter Space Strategic operations (GROUP) Develop operational and marketing plans Plan CityDAO branding activities

Lupei Thai community communication Translation and content tailoring in Thai community IRL meetups in Thailand (as needed) Community operations (GROUP) Making sure everyone in the DAO has the same information Community activities / projects management CityDAO contest organization Publishing newspaper Twitter(X) management/access.

SimplePixel Co-lead Turkish community communication Management of partnerships with Turkish DAO/web3 organizations IRL events in Turkey Community operations (GROUP) Management of community activities and projects for overall DAO Hosting TR Twitter spaces CityDAO contest organization Strategic operations (GROUP) Clarifying the CIP process Making a clear template for the creation of CIPs Clarify the charter (GROUP) Clarify how an NFT holder confirms their citizenship for forum likes Clarify Snapshot voting to refine algorithmic quorums and/or implement quadratic voting Marketing / Events (GROUP) Figure out what upcoming events are happening globally and locally Make a CIP and work with others on an events budget Sponsorship & event participation for Turkish Community

Serkan Co-lead Turkish community communication Co-hosting biweekly Discord TR community calls Translation of newspaper and round-up into Turkish Community (GROUP) Representing the First & Founding citizens Connecting and gathering info about active/passive citizens on Discord & Twitter Strategic operations (GROUP) Research other DAOs about success / failure

Advisory / CityDAO Assembly (non voting): Anyone with more than 50 Citizen NFTs or any Founder NFTs. Being a member of the CityDAO Assembly provides streamlined access to the council and community team, which includes efficient feedback, communication, development of ideas and assistance in turning ideas into viable CIPs. This will be implemented after discussion and after main priorities are accomplished.

If any council member misses more than two meetings without explanation, they will be removed from the council. They will not be replaced until the next election. Voting on all issues within the council will require 4 of 7 votes to pass, except that choosing members of the multisig will require unanimous council approval.

RESPONSIBILITIES

City Council 2.0 is meant to accomplish very specific goals. Each of these goals is directly tied to the effectiveness of CityDAO. The planned goals are as follows:

Month 1-3

How to confirm citizenship for likes Adjusting quorums Update Charter Operations Clarify the process of CIP creation → Forum → Snapshot Making a clear template for the creation of CIPs Clarify how an NFT holder confirms their citizenship Ensure that only verified citizens are able to “like” CIPs on the Discourse forum Clarify Snapshot voting to refine quorums and/or implement quadratic voting Who posts Snapshot votes when the 20 like threshold is reached Clarification of DAO tool access Clarifying access process for Twitter & Discord Taxes and CPA relationship management and organization Appoint the 8-person multisig, remove non-participating members, and make clear rules

Month 3-6

Legal Establishing contact with outside council Making sure there is a clear pipeline for legal questions to be answered Who can sign contracts CityDAO treasury payments from projects Using NFTs as compensation to citizens Maintaining or hiring people to maintain the DAO tools including Discord, Discourse, Snapshot, Website, Notion, and Twitter

Human Resource Management Make rules for how members are removed in the future Establishing and enforcing regulations for behavior on Discourse and Discord Establishing a complaint and grievance process for CityDAO citizens

BUDGET BREAKDOWN

Council Members: $1500 per member per month ($63,000 total) Lawyers, Accountants and Other Professionals: $12K total Council Fund (only used for bounties and hiring): $20K total Community Fund : $12K total

Approve
4 votes
1 year ago

CIP-190

Overview

This CIP seeks to reimburse MemeBrains for 2,014.65 USDC of expenses he incurred while establishing a CityDAO presence at ETH Toronto earlier this year, August 2023.

Here is the One-Page Summary Report for CityDAO at ETH Toronto (https://docs.google.com/document/d/1kYP4WRE-k6dijiegOvPmntxfynWpMzPkOCGSu1nKYmM/edit) including details on the DAO panel with 100+ attendees, the Bankless DAO after-party collaboration with 75+ attendees, the CityDAO event banner, event badge minting, video interviews with attendees and other photos/videos for social media sharing and branding purposes, and more.

Here is the Master Folder for all ETH Toronto event files 2 including photos, videos, budgeting etc. https://drive.google.com/drive/folders/16a13CAaDaEkSKWTQq9rDYuen9BoSZmsm?usp=sharing

Here is the Costs Detail Breakdown (https://docs.google.com/spreadsheets/d/1iquuxOrWS6pI_xtQ2yXSVBGfMPmsSvuxRdDTqtA85c0/edit#gid=0) for the 2,014.65 USDC of expenses sought to be reimbursed. Note that the expenses sought to be reimbursed from this CIP are for physical out-of-pocket expenses only. None of the funds requested for in this CIP are for his personal time as this was a volunteer based initiative.

Background

CityDAO has participated at numerous major events in the past such as Permissionless, ETH Denver, DCentral, and more. Participating at these events provides benefits such as; potential recruitment of new contributors, credibility in the ecosystem, IRL meeting points for CityDAO Citizens to get to know each other better, in-person meeting and strategy sessions for Citizens, social media content, and more.

MemeBrains used to have a small event production company from his early entrepreneurial career and produced approx 12 events for the Toronto small-business community ranging from 50ppl - 500ppl in size. He volunteered himself to carry out this initiative for CityDAO.

Yes
4 votes
1 year ago

CIP-187: City Hall

Outline

Video Overview

https://vimeo.com/851467740

Budget Estimate

https://docs.google.com/spreadsheets/d/152kX9W8a-bSq1x16h2uPf-9Ojhm6yiqT6a2IgU9ShOc/edit#gid=0

Overview

This CIP authorizes the purchase of a multi-functional space in Denver, Colorado that will serve prominently as CityDAO’s City Hall. The space will be collectively owned by CityDAO and available for Citizens to co-work in, serving as a home base for Citizens to build especially during ETH Denver.

The space can be opened up (or rented out) for events, hackathons, build weeks, and used as co-working to achieve a sustainable business model. This CIP allows for the acquisition of the property but does not force CityDAO to acquire one or operate any specific activities.

Potential Uses & Benefits

Once acquired, the following uses can be immediately considered:

  • Flexible co-working space for Citizens - the "City Hall" for CityDAO.
  • Community events, hackathons, and educational programs.
  • Develop local partnerships and sponsorships.
  • Any other community-led initiatives that align with CityDAO's values and objectives.
  • Citizen Benefits where permitted

By securing the property, this CIP provides CityDAO with the flexibility to explore various optional avenues for community engagement, innovation, and revenue generation, as deemed fit and approved by the DAO's governance mechanisms.

Budget:

Total Allocation: $1,630,000

  • Property Cost: Up to $1.5M Released by multisig upon final property selection
  • Operating Expenses Reserve Fund: $100k (property taxes, utilities, maintenance, other operating related expenses) Released by multisig upon final property selection
  • Project Budget: $30k (travel, legal, brokers, furnishing, etc) Released by multisig upon passage of this CIP If we the full Property Cost is not spent, up to 10% of the extra funds may be allocated to the OpEx Reserve Fund

Flexible allocation The budget outlined is based on current estimates and while it will not exceed 1.63m, may be re-allocated within these categories based on actual needs and unforeseen circumstances. Upon approval from the CityDAO Multisig signatories, the team may redistribute funds between budget categories (Property Cost, Operating Expenses Reserve Fund, Project Budget) up to a limit of 10% of the total allocation without requiring an amendment to this CIP.

Project Team:

This project is fundamentally a DAO-driven initiative and CityDAO citizens retain the ultimate authority and responsibility for the project. While the DAO provides oversight and final approvals, a dedicated Project Team is in place to execute on the DAO's directives and manage day-to-day operations. The Project Team serves as an extension of CityDAO, carrying out the technical, operational, and strategic tasks necessary to bring the project to fruition.

Team Members:

Scott: Lead Coordinator Roles: Property tours, broker liaison, contract management, and other necessary duties.

Lyons: Strategy & Operations Roles: Community engagement, space utilization, and other necessary duties.

Specialists: Legal advisors, property managers, and architects Roles: To be hired from the project budget as needed.

HQ Task Force: Community Liaisons Roles: Real-time updates, property vetting, and community feedback

Note: While the Project Team will endeavor to select and operate the best possible space, there are no guarantees concerning the quality of the space, revenue generation, or specific use of the space.

Property Selection:

Selection Criteria:

  • Convenient access from ETH Denver venues
  • Newer or remodeled construction that is low maintenance
  • Size and layout conducive for co-working and events
  • High quality space with good natural light

Selection Process:

Sample Property Selection Process and Criteria

While the criteria and sample process outlined are designed to guide the property selection towards the most favorable outcome for CityDAO and its members, it is understood that unique opportunities and challenges may arise. Therefore, the Project Team reserves the right to adjust these parameters as deemed necessary for the benefit of the project and community.

Sample Properties

821 22nd St, Denver, CO 80205

1641 California St, Denver, CO 80202

5134 W 29th Ave, Denver, CO 80212

90 Day Plan - Tentative Sample

0-30 days: After the CIP passes, a search will immediately begin for properties. Scott, Lyons, and other interested Citizens will fly out to Denver and tour properties to get a feel for the market and our options. The initial $30k will be converted to fiat for travel to Denver, broker fees, and in preparation for making a deposit. We'll start sharing our favorite properties with Citizens in Discord. 30-60 days: Narrow down the list of properties. Record video tours of the properties, do diligence and put together a plan on the estimated costs and benefits of owning each of the properties. For each property, we will compile a report, video tour, and share them for feedback with the DAO. 60-90 days: If a promising property is identified, we will present it to the DAO on a community call for feedback, questions, and comments. After identifying one we are excited about, we will ask the DAO to do an informal "temp check" vote on that property (not a CIP). If the vote passes, the multisig will offramp up to $1.5m for purchase of the property and transfer $100k in reserve funds to the Property Multisig.

Post-close

After closing on the property, we will plan a CityDAO Build Week where we will invite citizens to come set up the space and help with furnishing, signage, and decorations. We will also try to involve remote Citizens who cannot attend in person for things like design and ideas for the space. Budget permitting, we can subsidize travel and lodging for interested Citizens.

Property Governance and Oversight Multisig

After acquisition, the property will be overseen by a multisig consisting of Scott, Lyons, and one independent member appointed by the CityDAO Multisig or CityDAO Council if the CIP authorizing its creation passes. They will steward the reserve funding in the multisig, from which they will handle things like property management, taxes, and ops hires. Property Multisig shall make best efforts to ensure the property is well kept and managed.

Contingency Plans

If City Hall is unable to sustain ongoing operations due to lack of revenue, management conflict, or other unforeseen circumstances, then the property shall be sold and all funds returned to the CityDAO treasury.

APPROVE
4 votes
1 year ago

CIP-189: The Center for Virtual Organizations and Communities and the DAO Journal

TLDR

The Institute for Research and Theory Methodologies (RTM) is an American non-profit organization (501c3) founded in 2021 to help promote research and scholarship. This proposal seeks $9,990 for a three-year sponsorship for RTM to create a Research Hub and the world’s first peer-reviewed, open access DAO-related journal (official name TBD). As a sponor, the benefit to CityDAO could be enormous – leading scholars, government think tanks and research institutions with huge communities around the world would be introduced to CityDAO. RTM will create and run the journal. We will benefit from its marketing and advertising CityDAO.

How would this benefit CityDAO?

Simply put, this is the best form of marketing that CityDAO could possibly ask for when it comes to recruiting researchers and institutions. Establishing CityDAO as a sponsor for scholarship on DAOs opens us up to an enormous potential group of citizens and participants that we could not possibly find within the web3 ecosystem. The people reached by this project will be highly-educated adults and industry leaders, those with the funds and the understanding to make real contributions to CityDAO rather than those who are just motivated by the NFT prices and the hope of a quick profit. In addition, we can be assured of quality because this journal is being run by RTM, a group of well-published scholars and academic professors with over twenty years’ experience.

What is a Peer-Reviewed Journal?

In the world of legitimate academic research, only peer-reviewed journals matter. This is a harsh but true statement. DAOs operate in a world of blogs, mirror articles, YouTube videos, Twitter posts and various centralized servers. While they serve a purpose, none of these have true validity in the world of scholarship, research and government funding. A peer-reviewed journal is the gold standard.

Peer-reviewed journals publish studies that have been reviewed by academics, in order to create a body of knowledge that is accepted by professors, universities, and institutions around the world. While web3 has produced an endless waterfall of information, very little of it has been rigorously studied and published. As one of the most legitimate DAOs in existence, CityDAO is perfectly poised to sponsor a journal on DAOs. While there are very few journals devoted to blockchain and AI, there is nothing yet devoted to DAOs.

It is extremely complicated, bureaucratic, and time-consuming to create a peer-reviewed journal. It is similar to creating a university; it cannot be done by the average person, which is why this is such a tremendous opportunity. I have worked with RTM for over a year on DAO-related research and this opportunity would put us in contact with many of the most highly placed individuals who are studying DAOs. It would put CityDAO’s name into the minds of highly funded government and research institutions around the world.

But this isn’t web3, is it?

Much of the initial hype and notoriety regarding CityDAO was due to a single blogpost by Vitalik Buterin and the subsequent purchase of citizenship NFTs by a few celebrities. This was followed by news stories in traditional media sources, such as the Wall Street Journal, and a TED talk by CityDAO’s founder.

Since then, despite two years of development, working on various projects, hosting events and contests, participating in conferences, teaching university courses, maintaining partnerships and collaborations, running a consistent podcast, publishing twitter posts and monthly newspapers, nothing has significantly drawn people to CityDAO. Our community has not strengthened. Our Discord server is not an exciting place.

The bear market could be blamed, and may have contributed, but a possible issue is that we have only targeted the web3 community. In web3, while some people care about ideals such as decentralization, transparency and disrupting traditional paradigms, many people only care about NFT prices. However, a focus on price without value will never flourish.

One thing we have learned is that people must be attracted to our ideas and to our community, or else no one will want to join or participate, whether we buy one office or twenty. RTM is presenting an opportunity to join forces with researchers from around the world who study DAOs, each of whom brings with them a wide audience. This is a one-time opportunity.

Background to RTM

The Institute for Research and Theory Methodologies (RTM) was founded in 2021 by Dr. Kara Vander Linden, who has been a research professor for 20 years, working at Saybrook University in California for almost 12 years. The purpose of her organization is to train, mentor, support and connect students, faculty and researchers worldwide. As a relatively new organization, RTM is willing to partner with a smaller organization like CityDAO to focus on research about the DAO space. I have personally worked with RTM and Kara for over a year (unpaid), and have found the organization to be well-organized and run.

How would the funds be used?

Journal Fees: $1500 per year. For three years, that would be $4500. Operating Costs: $1000 per year. For three years, that would be $3000. Honorariums: (given to Editor-in-Chief, Assistant Editors, Copy Editors) $2990

Given that this is funding for a three-year project, this project may seek funding from other sources in addition to CityDAO.

If this passes, the funds will be transferred into a 3/5 multisig wallet controlled by two members of CityDAO and three members of RTM. All expenditures will be documented.

Schedule

From the time of this CIP passing, it will take approximately 6 months to get the research hub and journal platform set up, establish an ISBN number for the journal, handle administration, recruit and train peer reviewers. Then a call for articles will be put out, which will go through the peer review process. It would be approximately one year before the first edition is published, which will be properly ranked as an official academic journal. These steps are critical for the long-term success of this project.

Approve
4 votes
1 year ago

CIP 182 - t0wn STAGE ONE funding allocation

TLDR: This proposal enables the t0wn team to reallocate the resources from Stage 1 of the t0wn project toward building two apps that will more immediately and concretely benefit the t0wn project and CityDAO as a whole. The overall plan for t0wn has not changed.

This proposal asks for only $1 of additional funding to secure a quorum of 250 votes. Other than that, we are merely asking for the ability to reallocate funds that have already been sent to our treasury. We have removed our request for additional funding based on the responses in the forum, which we take very seriously. To us, t0wn is a community made of its valued members, and compromise is the language of cooperation.

OVERVIEW

The t0wn team has been meeting weekly for months. We’ve had several meetings with the Próspera team about possibly acquiring real estate in it’s first tower as a first physical hub for t0wn. Those discussions remain ongoing. We’ve had all sorts of contact, discussion and meetings with potential member DAOs. Our aim is to reallocate the remaining funds toward building apps that will help push this project forward.

As of today, a little over $54,000 remains in the t0wn treasury. Our initial CIP called for $32K in t0wn team compensation and $20K in discretionary funds. $1K compensation has been paid out per team member ($4k total) and no other money has been spent. Based on our internal weekly discussions, meetings with other DAOs and projects, Twitter spaces and independent research, we are clearer on how we think the discretionary funds should be spent.

FUNDING

We would like the ability to reallocate the remaining funds toward:

  1. A dominant assurance smart contract
  2. A identity verification app that KYCs individuals to global banking standards and ties the verified individual to one and only one ETH address with a soulbound token. This app will consist of two components:
    1. KYC functionality - for example, a custom front end that utilizes the API of a third party KYC service like Plaid.
    2. A NFT smart contract, likely employing the ERC-5484 standard for soulbound tokens.
  3. Legal costs relating to analyzing the appropriate DAO structure

PROJECT DETAILS

Assurance contract: Our initial t0wn STAGE 1 plan was to have DAOs sign LOIs stating their intent to contribute to a t0wn treasury to buy land for a “DAO hub.” We decided it would not only benefit t0wn, but also CityDAO and the web3 community at large if we figured out how to program the essence of an LOI into a smart contract. Utilizing Alex Tabarrok’s Dominant Assurance Contract idea, we will create a smart contract where entities can pledge money toward a public good (like t0wn). If the funding threshold is hit by a certain deadline (which is programmed into the smart contract when it is deployed), the project gets funded. If the threshold is not hit by the deadline, everyone gets their money back and those that contributed the earliest get a small monetary “prize” for having been the first movers / believers. Details around the prize mechanics will be sorted out during development, one key component being the prize is big enough to incentivize early contribution but small enough to disincentivize entities wanting the project to fail.

Building a dominant assurance smart contract will not only be a boon to t0wn and CityDAO, but also to anyone who wants to fund a public good on the blockchain without using methods such as Juicebox that take a significant percentage of funds.

Identity Verification: Part of having a community is ensuring that people are not sybils, that identities can be verified. Rather than using a method such as NFT + Gitcoin Passport or Proof of Humanity, we would like to offer individuals the ability to KYC to global banking standards, verify ownership of a wallet address, and then marry the two with a soulbound token. We plan to use the ERC-5484 standard for soulbound tokens which allows both the issuer and the holder to burn the token - the former being necessary in case of identity fraud and the latter being necessary in case the holder wants to disconnect or move their identity to a different address.

RELATIONSHIP TO THE ORIGINAL t0wn CIP (IPFS #QmWXdW6)

This proposal augments STAGE ONE of the original proposal by allowing additional uses of the funding allocated by that proposal. It also adds an additional potential STAGE TWO trigger—a deployed assurance contract that successfully raises at least $750k will automatically trigger STAGE TWO. The t0wn team will determine which avenue to pursue (ie signed LOIs or raising via assurance contract) following development of the latter.

BENEFITS TO CITYDAO CITIZENS

  • All the benefits outlined in the original t0wn proposal remain.
  • CityDAO Citizens will be able to use the app at cost for a period of one year after the app is launched, subject to reasonable volume of usage and our team’s ability to handle such volume. We will make best efforts to allow CityDAO Citizens to use the app at cost for longer than one year, again subject to reasonable volume of usage and our team’s ability to handle such volume.
  • Open use of the dominant assurance smart contract and the ERC-5484 soulbound token contract.

OWNERSHIP OF WORK PRODUCT

  • The dominant assurance smart contract and the ERC-5484 soulbound token contract will be open source.
  • The rest of the KYC app will be owned by the Friends of Town Foundation corporation.

For
4 votes
1 year ago

CIP-179: Retaining Pat Santiago for Enhanced Autonomy and Operational Excellence

NOTE: I am posting this CIP on behalf of Pat Santiago.

Summary This proposal aims to retain Pat Santiago as an advisor for three months to work on a project that will enhance the autonomy of CityDAO.

Background CityDAO has been actively working on expanding its reach and enhancing its operations. Pat Santiago is an experienced professional with a strong track record in the development and management of automated workflows. His expertise and insights can help CityDAO achieve a higher level of operational autonomy and efficiency.

Proposal Pat Santiago will be retained for three months to work on the following key areas:

  1. Analyzing the current governance structure and providing recommendations on how to improve and optimize it to make CityDAO more autonomous.

  2. Identifying essential operational bottlenecks and proposing solutions to streamline the decision-making process.

  3. Developing a roadmap for integrating automated tools and systems that will reduce manual intervention in CityDAO’s daily operations.

  4. Conducting a thorough assessment of CityDAO’s technical infrastructure and providing recommendations for enhancements that will ensure robustness and autonomy.

  5. Collaborating with the community to design and implement innovative solutions for decentralizing power and enabling more effective collaboration among the DAO’s members.

Financials Pat Santiago will be paid a fee of $2499/month for their service, for a total engagement cost of $7497 over three months. The payment will be made in Ethereum at the prevailing exchange rate at the time of payment, and in one lump sum payment on the day that this CIP passes.

Outcomes At the end of the three-month engagement, Pat Santiago will provide a comprehensive report detailing his findings, recommendations, and results achieved during this period. This report will serve as a guide for CityDAO to continue working on achieving enhanced autonomy and operational efficiency.

With this proposed CIP, CityDAO will benefit from Pat Santiago’s expertise in making the DAO more autonomous and operationally efficient. The investment of $2499/month for three months aligns with CityDAO’s goals and can help pave the way for sustained growth and success.

To ensure that Pat Santiago’s work effectively contributes to CityDAO’s progress toward autonomy and to address the community’s concerns, it is crucial to establish a set of Key Performance Indicators (KPIs) to evaluate the work’s tangible outcomes and deliverables. The following KPIs are recommended:

  • Roadmap Completion Rate: Percentage of milestones outlined in the autonomy roadmap achieved within the specified timeline.

  • Risk Mitigation Success: Number of identified risks successfully mitigated or resolved during the consultancy period.

  • KPI Achievement Rate: Percentage of established KPIs reached or surpassed by the end of the consultancy period.

  • Community Engagement Index: Number of workshops and training sessions conducted for the CityDAO community members, with a focus on knowledge transfer and capacity building.

  • Collaboration Expansion: Number of partnerships and collaborations established with other parties and stakeholders during the consultancy period, working toward CityDAO’s autonomy.

  • To effectively track the progress of CityDAO’s autonomy and monitor the achievement of these KPIs, a progress tracking system can be implemented as follows:

  • Establish Baseline Metrics: Determine the initial values for each KPI at the beginning of the consultancy period.

  • Set Target Metrics: Define the desired outcomes for each KPI for the duration of the consultancy period.

  • Periodic Evaluation: Conduct regular evaluations (e.g., bi-weekly or monthly) to assess the progress of each KPI, comparing the current values with the baseline and target metrics.

  • Progress Reports: Pat Santiago will submit progress reports to the CityDAO community at predetermined intervals (e.g., monthly), detailing the results of the evaluations and providing updates on the progress made towards autonomy.

  • Continuous Improvement: Based on the progress reports and evaluations, identify areas that require improvement or adjustments, and implement the necessary changes to ensure the successful achievement of the KPIs and CityDAO’s autonomy objectives.

By establishing these KPIs and implementing a progress tracking system, CityDAO can effectively monitor and evaluate Pat Santiago’s work, guaranteeing that the consultancy period yields tangible outcomes and brings the organization closer to achieving its autonomy goals.

As a demonstration of his skills Pat created an autonomous GPT agent to write this CIP and respond to any comments on it.

For
4 votes
1 year ago

CIP-151: Quorum and Elections

TLDR

This proposal has 3 main fuctions:

  1. Adjust Quorums
  2. Hold Elections for City Council
  3. Establish a Complaint Process

Category - Governance Criticalness - High Impact - High (All members of DAO will be affected) Duration - 6 months Quorum - 500 votes counted as 1 NFT = 1 vote Budget - 46,800 (+ bonuses up to $18,000)

The three goals are explained in more detail below:

--Adjust quorums--

Currently, the way votes are counted for quorum is 1 NFT = 1 vote. After a year of governance, CityDAO contributors have realized that it makes no sense for quorum to be the same for $11K and for $2 million, and it makes no sense that a non-financial vote has the same quorum as a CIP for $2 million. The new proposed system would still count 1 NFT as 1 vote for quorum with the following amendments:

1 vote = 1 quadratically-counted NFT An algorithm will be used to determine the quorum for different request amounts. An algorithm will be used to determine the voter approval rating

Quorum Algorithm: 50 + [1/2 * (sqrt $Ask)] Voter Approval Rating Algorithm: 66 + 24 ($ ask / treasury)

  • To amend the Charter will require a quorum of 200 counted quadratically. Currently, it takes 1000 votes counted non-quadratically to amend the Operating Agreement (OA). This CIP does not intend to alter or amend the OA. This includes NOT changing how votes are counted for altering or amending the OA. They will be counted non-quadratically as 1 NFT = 1 vote.

--Hold Elections for City Council--

This CIP will create elections for seven (7) members of City Council. Within one week after elections are completed, the Council will choose one (1) individual from inside or outside the Council to serve as the Executive Facilitator (EF). If a member of the Council is chosen as the EF, then the remaining Council members will choose one additional member.

The EF will be a separate position and is not in the Council. The Council delegates the authority to the EF. The EF does not vote in the Council. The EF will be in charge of the day-to-day administration and operational execution, while the City Council is in policy setting and strategic direction. The Council may determine the authorities of the EF. The Council may not interfere in the EF’s authorities except if the EF is incapacitated. The Council are the decisions makers and the EF handles implementation.

The EF will have the following powers and authority:

  • Implementation of projects, including resource availability and oversight
  • Handle relationships with outside counsel
  • Handle mailing address, copyrights, trademarks, legal formalities
  • Handle relationships with CPAs for bookkeeping and taxes
  • Any powers and authorities delegated by a majority vote of the City Council

The City Council will have the following powers and authority:

  • Appointment of Executive Facilitator.
  • Possible hiring of an Ops Admin
  • Appointment of Multisig Signers.
  • Create advisory boards of citizens.
  • Policy setting and strategic direction.
  • Maintain or hire people to maintain the DAO tools
  • Adopt its own rules of procedure and set the time and place of its official meetings.
  • Provide for the prosecution and defense of legal causes on behalf of CityDAO and retain counsel and set their compensation.
  • Establish and enforce regulations for behavior.
  • Establish and enforce regulations for the resolution of disputes.
  • Enter into agreements with other DAOs or entities.
  • Levy and collect taxes, rents, lease fees and other sources of revenue.
  • Make investigations of CityDAO affairs; inquire into accounts, records, and transactions of any CityDAO department, office, or officer; and, for these purposes, require reports from any project and the production of official records.
  • Adopt rules and regulations necessary for the exercise of its powers and prescribe fines and penalties for the violation of ordinances in accordance with city law.
  • Place questions or propositions directly onto Snapshot, when agreed to by 5 of 7 of the total membership of the City Council.

The City Council will appoint the eight (8) multisig signers. The role of the multisig signers is transaction execution and transaction evaluation. All multisig signers will undergo proper training to fully grasp the implications and responsibilities of being on the multisig. The multisig signers are responsible to check transactions, to check where the funds are being sent, and to follow all the requirements for a proper transaction for the protection of CityDAO. The key aspect of the multisig is that the signers be trusted members of the DAO.

Operations and Day-to-Day Administration

The City Council will help organize and delegate operational tasks, such as maintaining the meeting minutes, permissions, passwords, independent contractor agreements and contracts. The City Council will schedule weekly meetings at regular times, which will not be changed with less than 48 hours notice. Council members will each have the highest level of admin permissions on each of CityDAO’s tools, including but not limited to discord discourse, Twitter, Notion, Snapshot and Google Workspace. The Council will determine who else should hold any permissions or passwords.

CIP Template Creation and Management

In addition to formatting a template for CIPs, the City Council will help problem-solve and request additional information where necessary, to make sure that proposals further the mission of the DAO.

Transparency Dashboard

The City Council will require that, for quality, transparency and clarity, all CityDAO projects create a transparent and available document that provides all pertinent information on funding received, expenditures, milestones and benchmarks. This document will be written in plain English and will be available at all times to all citizens on the CityDAO website or Notion page. The Council will finalize the details of the process. This is not meant to punish people but to provide transparency. Project members must populate the dashboard in order to receive continued funding.

Election Method

If this CIP passes, there will be open elections for seven (7) City Council members, all with six-month terms that begin on the day the election ends. Any citizen may run for any position. A citizen may be on the City Council and the multisig simultaneously. There will be no hierarchy of members on the City Council.

To be elected, candidates must put up a platform statement on Discourse. All candidates will take part in a series of two (2) public debates with questions submitted in advance by any citizen, moderated and run by the Community and Media Guilds together. After the debates, separate ranked choice votes will be put on Snapshot. All elected members of the multisig and the City Council must be willing to be KYC’d.

Election Rules

  • The election may not be used as an excuse to disparage the character of another member of the DAO.
  • Candidates may not make pledges, promises, or commitments of any sort.

Compensation and Budgets

Multisig Compensation: The multisig signers will receive $100 per month each, regardless of who actually signs the transactions. This is meant to incentivize all members to pay close attention to the transactions, their purpose, destination, suitability and potential liability to the DAO.

City Council Compensation: 3 Citizenship NFT per month per councilmember; City Council will have a fund of 5 NFTs total per month to bring in talented individuals to the DAO. 4 of 7 vote required to give an NFT.

Executive Facilitator: The EF will receive $3K per month in compensation + a potential bonus of up to $3K per month based on performance from the City Council, and will have a budget of $24K over six (6) months and the authority to execute agreements.

  • In an emergency event where CityDAO gets sued and is required to pay fees in excess of the funds in the City Council treasury, the City Council can put a CIP on Discourse and Snapshot concurrently, with no time limits required. Quorum will be however many people vote.

Removal

The multisig signers will have one week to sign or reject transactions. If a transaction is rejected, the signers must document reasons why and next steps within a reasonable time. If any of the multisig signers refuse to sign (2) or more transactions, they will be removed and the candidate who had the next highest vote will replace them. If there are no candidates left, a new election will be held for replacements or the City Council will choose replacements. The members of the multisig can vote off any member with a 5 of 8 vote.

If any of the City Council members miss more than three (3) meetings, they will be removed and replaced in the same manner as the multisig signers. The City Council can vote off any member with a 5 of 7 vote. The City Council can remove the EF at any time with a 5 of 7 vote. CityDAO Citizens can call for a removal or replacement of members of the multisig or the City Council or the Executive Facilitator with a CIP and a quorum of 50 votes. If a CIP is put up, it will be done with an anonymous “City Council” account so no one feels pressure to doxx.

--Complaint Process--

A complaint may subject the citizen to penalties up to and including a prohibition on offending parties from holding administrative positions at CityDAO or in CityDAO projects.

  • Substance - What Constitutes a Complaint?

An allegation of wrongdoing related to projects, behavior, transactions, or violations of the rules at CityDAO.

  • Process - How is a Complaint Dealt With?

Step 1 - Mediation by an individual who is agreed-upon by both parties.

Both parties must agree on an individual, preferably (but not necessarily) a CityDAO Citizen, who will hear both sides of the argument and attempt to mediate between the two parties.

Step 2 - Random jury (Randomocracy)

Complaints that reach step 2 will be heard by a Kleros court. In case of failure, the City Council can choose to use a randomly selected group of six (6) CityDAO citizens using the Chainlink Verifiable Randomness Function (VRF). If either party is not satisfied with the decision, they may appeal to a Kleros appeals court.

Both parties must write a complaint document. This complaint of wrongdoing needs to be complete and make specific allegations along with any evidence. Payment for “jury duty” is $50 per person. This jury of 6 people will make a binding decision based on the facts presented. The Executive Facilitator will enforce the result by initiating a resolution that will go to the City Council to handle the dispute accordingly.

For
4 votes
1 year ago

Web3 House by CityDAO

Proposal Author: Simplepixellife

NOTE: Not written or edited by Lyons800

Phase 1 of the idea

This is a CIP aims only to find out how to acquire a house at Turkey (Sapanca, but will be evaluated other locations according to outcomes) for ;

  • Citizens around the world
  • Turkish Community
  • DAOs
  • Blockchain Communities of Universities
  • Hackers
  • Rent

and investigate the operations needed for the process.

What to Deliver ?

A full report including potential houses, real estate topics, legal issues, operations, rent prices for houses, processes, feedbacks from potential target audiences, possible opportunities

Duration

2 months

Budget

$3,000 for compensation, field trip, accommodation & expenses

Next Phase

Phase 2, write down a full CIP including ;

  • Roadmap
  • Marketing Plan
  • Time Plan
  • Budget
  • ROI estimation
  • Cons & Pros
  • Team

In Turkey, especially recently, the importance of the blockchain world is significantly increasing. Even when we look at the events to be held this year, we can clearly see the progress. The importance of community is more important than ever before, and the values ​​of brands and projects that care about their own community are increasing day by day.

As CityDAO, we are able to respond to the needs of many communities. We can be an indispensable brand for ;

  • Hackers
  • Blockchain communities
  • DAOs
  • Citizens
  • NFT world
  • A house for ALL !
  • A Web 3 House by CityDAO !

How will be the benefit for CityDAO ?

  • Brand awareness
  • Will give CityDAO a chance to experiment a project outside US
  • Increase of NFT sales & chance to get new citizens
  • Might create hype
  • Gain income by rent
  • Gain passive income

How citizens will benefit ?

Will be the very first tangible privilege for citizens (right for accommodation)

Why Turkey?

  • We care of the word “experiment”. It would be the best case if we can have a house outside US.
  • First potential international project which can be a reference to other international communities.
  • No visa for many countries
  • Many potentials as real estate wise (constantly increasing prices)
  • Many famous influencers in Turkey are CityDAO citizens
  • Beautiful country
  • Why not?

If you want to support the idea, please give a like for phase 1 to start something new.

Also, please drop your comments how to improve the process. Each comment means the world to me.Thanks

APPROVE
4 votes
1 year ago

CIP-144 Community Team

Proposal TLDR

Lyons800 is posting this proposal on behalf of Lupei and the rest of the community team.

This is a proposal to reinstate the Community Team—whose members consist of most of the former Community Guild’s members: Lupei, simplepixellife, and Ming—to manage the communities of CityDAO again, in order to maintain and increase engagement both inside and outside of CityDAO Discord, ensuring a healthy community.

Why community?

A point of argument which is often brought up is that we currently do not have enough city building experimentation progress to justify the need to put effort in community-building. However, we believe that community-building effort is important in every step of a project of our scale. By constantly building our community, not only can we generate more sales from our citizens NFT, we would also grow our network of human resources and open more doors for collaborations/partnerships that would benefit our city building effort.

Community Team’s past work in CityDAO:

  • The Journey of CityDAO: https://youtu.be/ns88NvDiHLk
  • CityDAO in Numbers: https://youtu.be/mUnHD3U0gTk
  • Dream City artwork: https://discord.com/channels/860356969521217536/861317513166192691/1057312073153003540
  • Korean blogs: https://brunch.co.kr/@38421dc645b2463
  • Turkish Twitter Spaces: https://twitter.com/CityDAO/status/1550541338420006913 (latest)
  • Saturday Game Nights
  • CityDAO Writing Contest (w/Media Guild)
  • Attendance in various irl events (Thai/Turkey/China) under CityDAO’s name
  • Past weekly newspapers: https://www.citydao.io/topic/weekly-news
  • Past Roundup articles: https://city.mirror.xyz/
  • Various translations in local community channels
  • Deleting bots and warding off scammers

Project Team and Responsibilities

The team consists of three of the former members of the Community Guild:

Lupei

  • Provide Thai translation on important matters
  • Write biweekly newspaper and bimonthly roundups
  • Manage community activities and marketing initiatives
  • Provide monthly reports of the team

Simplepixellife

  • Provide Turkish translation on important matters
  • Organise Turkish CityDAO IRL events
  • Host Twitter Spaces
  • Manage community activities and marketing initiatives

Ming

  • Provide Chinese translation on important matters
  • Manage CityDAO WeChat Chinese community
  • Write Chinese CityDAO articles
  • Host Twitter Spaces

Proposal Budget

  • Each member will be compensated $1500 per month for 6 months.
  • The team will receive $6000 budget for community activities/visual content production. Any leftover at the end of 6 months will be returned to CityDAO treasury.

Total: $33000 (roughly 1.5% of treasury for 6 months of work)

Upon approval, the $6000 activity budget will be transferred to the Community Team’s multisig. Team members will get compensated at the end of each month.

Timeline and Deliverables

Duration: March to August

At the end of each month, Lupei will be providing a report on what the team has done for the month. Lupei and simplepixellife will be in charge of utilising the activity budget to organise community activities/producing visual content. We aim to have at least one activity or visual content per month, but those of larger scale may take longer. Most importantly, we will make sure that our activities and visual content are aligned with CityDAO’s missions and values.

What to expect:

  • Weekly Newspaper
  • Roundups
  • Visual content (videos/artworks)
  • Casual Discord activities
  • Discord/Community Management
  • Blogs & articles in local languages
  • Twitter Spaces
  • Contests
  • IRL events
  • Translations
  • etc.

Risks

There may be legal issues with community activities that include “giveaways” of financial assets such as prizes for community contests, which could negatively affect CityDAO LLC. However, this issue can easily be averted. All activities that would contain giveaways will be consulted with the legal team first to make sure that there will be no legal problems.

Regulatory

There is no regulatory issue.

APPROVE
4 votes
2 years ago

CIP-142: Ongoing Back-Office Functions

CityDAO has continued to need basic support and business functions but unfortunately CityDAO did not properly plan for continuation of any responsibilities going into 2023. The need for these roles still exists, and Alex and Josh have continued to function in these roles informally due to their necessity and importance to DAO functioning. These contributors have continued to provide continuation services in their former roles in an unpaid capacity for the month of January 2023 and basic business operations are an ongoing function.

TEAM:

Alex (alexthims) – Bookkeeping & CPA Liaison Josh (j0sh I DAOvolution) – Compliance-Related Operations & Outside Counsel Liaison

PROPOSAL:

  1. If a quorum of 250 is reached and this CIP is approved, the Team will use its best efforts to undertake the following “Basic” back-office business functions:

Three (3) month term commencing retroactively to January 1, 2023 and ending March 31, 2023 Continuation of Ongoing Compliance (Legal + Finance) Guild Responsibilities from Q4 2022 Maintenance of the CityDAO PO Box in Cody, WY (including any related fees if necessary) Services provided to CityDAO for basic back-office operation (legal + finance), including but not limited to: Sole Liaison with outside professional service providers (“PSP’s”) Basic bookkeeping record management General filings, property taxes, authority and/or signatures for procuring insurance policies (or as otherwise legally required) Sole Authority to manage the relationships with PSP’s, including any related/reasonable expenditures, with transparent backups supplied. Current PSP’s include: Lorenzo CPA, Montague Law (EthLaw), Burg Simpson (Parcel 0 and CityDAO agent) and Hathaway & Kunz Other PSP’s and software that may be necessary due to evolving nature of projects and DAO operations Retroactive compensation for the month of January 2023 - $1,650 USDC to each contributor Ongoing compensation for February/March 2023 - $1,650 USDC to each contributor Total Team Compensation: $9,900

  1. Should this proposal: (i) fail to achieve twenty (20) “likes” on this discourse page, (ii) fail to meet quorum, or (ii) fail to be approved:

Should this CIP-142 not proceed for any reason other than withdrawal or abandonment by its proposers, it will be deemed to be a formal act of governance relieving Alex and Josh of their duties and assumed carry-over responsibilities from Q4 2022. Should this happen, the roles described herein will go unfilled, and the proposers will no longer be responsible for any of the above-mentioned responsibilities or any other responsibilities/duties with respect to the DAO. The proposers will be expressly released from any and all responsibility relating to the performance of these duties henceforth.

Miscellaneous Terms of CIP-142:

All payments will be made from the Main Treasury: 0x60e7343205C9C88788a22C40030d35f9370d302D

Payments initiated for or from this team will be queued to the Main Treasury using an appropriate method, including without limitation, a Utopia payment link including supporting documentation. The Multisig will execute such payments in a timely fashion, but in any event, no later than five (5) days after submission from the team.

If for any reason, the project Team must pay for a DAO-related expense, CityDAO will promptly reimburse such team member(s) for these expenses, including any related transaction fees or gas fees. If performance of duties hereunder requires a physical or digital signature, the team members are authorized to make it, and for the avoidance of doubt or ambiguity, the team members are the only people in the DAO who are expressly authorized to do so with respect to accounting or legal professionals on CityDAO’s behalf.

The project proposers may transition their responsibility to a suitable and adequately qualified CityDAO contributor, subject to CityDAO’s selection and/or approval of said replacement. The team may also resign from responsibility, at any time upon seven (7) days written notice given to CityDAO (in a manner deemed suitable to CityDAO). For the avoidance of ambiguity - This CIP-142 is not a contract for employment or otherwise.

This CIP-142 may be amended by the proposers at any time prior to Snapshot, subject to compliance with all other material terms contained herein.

Performance hereunder will be expressly subject to the indemnity rights afforded by the CityDAO Operating Agreement. Additionally, this team will not be liable to CityDAO or to any Citizen, or any other party for that matter, with respect to its performance hereunder, nor for any other types of damages, including without limitation, any incidental, indirect, special, consequential, exemplary, or punitive damages. CityDAO agrees to defend, indemnify, and hold the team harmless from any such claims, liabilities, or damages, including the team’s attorneys fees. Wyoming law governs this CIP and all related considerations. For the avoidance of doubt, these defense, indemnity and hold harmless obligations will extend from CityDAO in favor of the project team for any and all issues that may arise in the future due to a lack of accountability or responsibility-holder in the former roles in the event of #2 above, and this provision is a material term of this CIP-142. (for example, if a service provider sends CityDAO to collection, if services lapse, or if taxes are not paid - this team is EXPRESSLY NOT RESPONSIBLE if the conditions set out in #2 above should occur). The intent of this provision is to say that, should CityDAO miss payment of an amount that this team would have been responsible for had they been approved, they are expressly not responsible.

This team will work directly with the CityDAO Multisig but the team members will not hold or retain seats on the Multisig, and this will include any replacements who later fill either role due to transition/resignation or are added later.

For
4 votes
2 years ago

CIP-143: DAO Coalition Representative

TLDR

This is a non-financial proposal to make David (Da3vid#1983) the official DAO Coalition representative from CityDAO. There is no budget and no payment. The responsibilities would be to attend DAO Coalition calls and report back to CityDAO. When decisions are required, David will take direction from CityDAO.

The DAO Coalition is a group of approximately 30 DAOs and supporting organizations that seek to advocate on behalf of DAOs in the United States and globally. This coalition was started by Stuttgart on behalf of CityDAO, and therefore CityDAO has a significant place in the coalition. Each member of the coalition has been asked to formally select a representative. David has been the unofficial representative to the DAO Coalition since its inception.

Coalition Team

The DAO Coalition currently consists of 3OH DAO, Alliance DAO, ATX DAO, Aragon DAO, Bankless DAO, City3, CityDAO, Cohere, Data Union DAO, enDAOment, Governor DAO, Impact DAO, JournoDAO, Kali DAO, Klaytn, Krause House, KYC DAO, LegalDAO, LexDAO, Lobby3, Nemus, OtoCo DAO, PAC DAO, Polygon DAO, R3WIND DAO, Sapien Network, Sporos DAO, SuperRare DAO, SSV DAO and Standard DAO. Supporting organizations within the DAO Coalition include the Blockchain Association, COALA, NEAR, the DAO Research Collective, and the World Economic Fund.

Details

DAOs are confronted with an uncertain legal landscape with pitfalls and obstacles. Our presence as a leader in lobbying efforts keeps CityDAO in an important position in the space. Working hand in hand with organizations like Bankless, Aragon, Polygon, the Blockchain Association, NEAR and the World Economic Fund helps us engage with the larger community.

The DAO Coalition has been holding monthly conference calls since its informal inception in summer, 2022. Stuttgart has helped to establish the DAO Coalition, but would transition his role to represent the DAO Coalition in DC as a lobbyist. Each DAO needs a representative, however, and David has been the unofficial representative of CityDAO since the inception of the coalition.

Responsibilities of the Representative

The official representative has the responsibility to attend DAO Coalition calls and report back to CityDAO on the proceedings. When decisions are required, the representative will bring them to CityDAO and take direction from CityDAO on how to represent CityDAO to the coalition. This position is not paid.

Proposal Budget

Zero.

Timeline and Deliverables

The DAO Coalition has formed a 501(c)(4) nonprofit entity and continues to engage important DAOs in the space for collective lobbying efforts. There are no specific timelines or deliverables at this time.

Risks

There is a risk whenever anyone makes representations to the public. However, Da3vid would make no public statements. All communications would occur within the DAO Coalition.

Approve
4 votes
2 years ago

$9,000 USDC for Turkey Relief

CIP Text: https://forum.citydao.io/t/how-citydao-can-help-turkey-earthquake/2009 (from Simplepixelife)

This CIP aims to deliver something else…

Yesterday, we faced a big earthquake. Now we’re dealing once again the damage it has done to citizens of Turkey. Many casualties, many wounded… You can check the news for more details.

As Tr (Turkish) community, we want to help as CityDAO to our local citizens who are facing many problems such as food, shelter, clothing and many more…

Many brands, organizations, companies, DAOs started campaigns and try to help locals in many ways. They need help badly.

Budget

We ask for 9,000 $ to deliver to a specific organization called ;

Twitter / ahbap

which is a reputable organization founded by ;

Twitter / haluklevent

We know that they would collab with governorship and help this donation spent in the best way.

How ?

CityDAO treasury could sent the funds to me (via metamask) and i personally will deliver the equal amount to the organization via bank. No compensation Bank transactions and proof will be shared after. If you do have another idea how we can do this, pls share

Risk ?

The funds will transfer to an individual That's why I would recommend to use KYC. I can share my info if needed

Why CityDAO would do this ?

To show the space that DAOs can do it To lead other DAOs To help people in need To support TR community To increase brand awareness

Waiting for your comments, if you want this CIP goes to snapshot, pls give a LIKE !

Thanks in advance.

For
4 votes
2 years ago

CIP 129 - Grant for a Startup to create a Harberger Tax Inspired NFT Protocol & Marketplace

Proposal: Provide a Grant for a Startup to create a Harberger Tax Inspired NFT Protocol & Marketplace

Amount: $250,000 USDC, spread out over 4 progress milestones (see below)

To Who: @MemeBrains & @TheBossDragon

Intended outcome:

  1. Resolve 3 of the primary pain points affecting the DAO and Gated Access Community ecosystem as a whole
  2. Replenish the CityDAO treasury
  3. Save developer costs from other CityDAO projects which need a Harberger Tax model as well

Prologue:

Hello CityDAO!

This is my first proposal ever since proposing the CityDAO Podcast almost a year ago. Working with, supporting and advocating for CityDAO has been one of the most fulfilling experiences I’ve received in the Crypto world. This proposal takes things to a whole new level.

In 2018 I sold my last company in part because I felt the unshakable calling to plunge down the Bitcoin rabbit hole. Opportunities like this come once in a lifetime so I decided to go all-in and it’s been one of the most fulfilling decisions of my entire life. This journey led me to discover CityDAO and the principles of the Network State where I felt an equally strong calling to become involved. I believe that what Bitcoin is doing for global economics, the Network State is doing for global politics.

But everywhere I look, DAOs, NFT communities and nearly every single Gated Access Community I’ve come across run into the same 3 problems: Squatters, Flippers & Depleting Treasury.

Squatters hold those community keys (NFTs, Tokens etc) but do not participate. This artificially inflates the price of those community keys/NFTs in the open market -such as on Opensea- while simultaneously lowering productivity for everyone involved. Squatters are usually well intended however the inactivity hurts the community.

Flippers hold those community keys for future resale purposes and also do not participate, further inflating the community key prices and lowering community productivity. Flippers are also usually well intended however the hoarding and inflated floor pricing it creats hurts the community too.

Depleting Treasury is like a ticking time bomb. Every startups nightmare…limited Runway threatens the end of any capital intensive initiative.

Through CityDAO I’ve discovered the principles of Harberger Taxes. At least 2 CityDAO projects that I know of have mentioned a desire to implement Harberger Taxes in their projects, yet no fully functional solution currently exists in the market to click the proverbial ‘on switch’ to try it out. Tweets and articles by notable people and thought leaders also demonstrate interest in bringing this idea to market.

Within the principles of Harberger Taxes, I along with many others I’ve spoken with see the seeds to solving all 3 of these major industry pain points with one single solution.

This proposal is to find out in an indisputable way if a Harberger Tax Marketplace for Gated Access Community Keys and Digital Land Ownership will indeed help change the world of online communities for the better, as we think it will.

Project Team:

Eric Gilbert-Williams - CEO

Eric is a lifelong entrepreneur across multiple industries. He bootstrapped his last company to a team size of 50+ people and several million in ARR then sold it in 2018. He has also been involved in event production, angel investing and startup consulting. He is the host of the CityDAO podcast, an active DAO enthusiast + contributor and is also the host of a Philanthropically motivated Mental Health Podcast. Eric brings experience in organizational leadership, stakeholder relationship building, B2B + B2C sales, team trainings and public speaking.

Bhargav Patel - CTO

Bhargav is a serial entrepreneur in the technology space. In 2011, he founded Performance IQ, a data analytics and gamification software company for boutique fitness clubs. He grew the company to 3000+ locations & 20M+ users, prior to getting acquired by Battery Ventures in 2018. Since then, he has been involved with multiple ventures in retail, manufacturing, software & web3 space. He is an avid crypto investor, an early CityDAO citizen, and brings a ton of web3 development experience in smart contracts, NFTs & Defi protocols.

Budget: $250,000 USDC over 4 milestones (see below)

Summary: Launch a Harberger Tax Inspired NFT Protocol & Marketplace for CityDAO and other gated access communities to benefit from. This will allow communities to add customized functions and utility to their NFTs based on the specific needs and goals of their community. This project will develop the protocol MVP along with accompanying marketplace. Communities will be able to mint, distribute, manage and buy/sell their customized NFTs. Communities who select taxation features in their NFT will have those taxes sent directly to replenish their treasuries.

Pitch Deck PDF with Project Overview here: https://drive.google.com/file/d/1_bmjqVkI4CnChvkv6_vkdAyu8Xe8uQjd/view?usp=sharing

Pitch Deck Video Walkthrough here: https://www.youtube.com/watch?v=obYXxQv2r0Q

Use of Funds:

  1. Launch on mainnet & gain sufficient market traction to raise a $2M+ Seed round from Angels/VCs in 2023/24
  2. Core team wages & contractor payments
  3. Software & server costs

Benefits to CityDAO:

  1. $1 million in Royalties for CityDAO Treasury Replenishment: a) As a separate agreement from the Grant, the venture proposed above would engage with CityDAO in an Incubation and Marketing agreement. The agreement would state that should the venture succeed in generating revenues then the CityDAO Treasury would be provided with a 20% royalty from those top line revenues until $250,000 has been sent to the CityDAO Treasury, and then a further 5% royalty for an additional $750,000 USD, equalling a combined total of $1 million USD or equivalent back to the CityDAO treasury. b) In exchange for giving this royalty to CityDAO, the venture will be formally supported by CityDAO for testing, marketing, feedback, discussions early distribution and be the ventures first live customer, establishing a true win-win environment for both parties.

  2. Saved Costs: Other CityDAO projects which require a functioning Harberger Tax inspired NFT protocol and marketplace would be able to leverage from this technology and no longer be required to develop it from scratch. This would save development costs on other CityDAO projects and initiatives.

  3. Momentum for Treasury Replenishment initiatives: This would be the first active project within the CityDAO ecosystem to have an agreement in place geared towards treasury replenishment. This will hopefully inspire others to create projects and agreements which would also replenish the CityDAO treasury.

  4. Branding & Market Presence This project would provide credit back to CityDAO on-going in various forms including the CityDAO logo, ‘CityDAO Incubated Project’ references, public facing credit towards the CityDAO community in media events, and more. People will know this project was inspired and supported first and foremost by CityDAO to continue building the CityDAO brand.

Timeline and Deliverables:

To demonstrate our commitment and determination for this project, we have broken the project down into 4 milestones. Upon approval of this proposal, $250,000 USDC will be transferred to a gnosis based escrow wallet. Funding will be opened on a per milestone basis starting with the first milestone funding being released and used to complete the first milestones deliverables. Upon completion of the first milestone deliverables, funds will be unlocked then used from the second milestone to complete the second milestone deliverables, and so on.

Milestone 1

Budget: $1

Deliverables:

  • Project Discovery & Networking
  • 5+ DAO/Community Leader 1-on-1 interviews for feature development input & prioritization
  • Setup web survey for larger scale interviews with DAO/Community participants

Milestone 2

Budget: $19,999

Deliverables:

  • Completion of 30+ DAO/Community Leader 1-on-1 interviews for feature development input & prioritization.
  • Flow Charts based on market feedback from the interviews & surveys
  • Initial Branding / Creatives for the platform
  • Initial UI/UX Designs

Milestone 3

Budget: $50,000

Deliverables:

  • MVP live on ETH/Polygon Testnet
  • Alpha Testing & Feedback Gathering
  • Generate interest from other communities

Milestone 4

Budget: $180,000

Deliverables:

  • Audited smart contracts by a third party
  • Live and operational product launch on ETH/Polygon Mainnet
  • Commencement of the Royalty on top line marketplace revenue back to CityDAO

Challenges & Questions:

  1. Will it work? It’s clear that between the Radical Markets book, the RadicalxChange foundation, tweets by Vitalik, Balaji and within other discussion forms, there is a sincere curiosity and belief by influential parties that a Harberger Tax model could revolutionize property ownership, memberships, NFTs and gated access communities everywhere. We can debate the theory until the cows come home…but there’s only one way to actually find out. This project aims to find out.

  2. That’s not enough money to scale Correct, it’s not. But with this pre-seed funding and a live MVP, we will be able to confidently approach a Seed round in 2023 aiming for the $2mil - $5mil range with the appropriate Angel Investors & VCs. The Seed round will provide the hires needed to bring this product to market and gain the initial traction required to then approach a Series A round in the $20mil - $30mil range for market scalability.

  3. That’s too much money! Please read #2 above.

  4. I think Harberger Taxes will fail. Please read #1 above.

  5. Why not do this inside CityDAO as a CityDAO fully owned project? a) CityDAO does not have enough money to do this as a broad market solution in a long-term scalable way. It would simply be too risky for the treasury and bootstrapping this would require too much commitment from DAO members, distract from core CityDAO initiatives and severely limit this initiative's chances of success. b) This is a startup venture concept which is intended to live and grow on its own. Although connected to the same root system as CityDAO overall and connected with multipl CityDAO projects, this is an offspring of CityDAO, not part of the main/original tree. c) Lastly, legal liability is mitigated when this project is separated from the CityDAO LLC and visa versa.

  6. How does this replenish the CityDAO Treasury? Please read ‘Benefits to CityDAO’ above.

  7. Let’s debate, discuss and theorize about this for a year++ before deciding Not an option for us. We have a window of opportunity here that will not remain open long. Either we do this or we don’t.

  8. The Mob. Look, our intentions here are to do something good, not only CityDAO, but for the market as a whole, and simultaneously help our entrepreneurial career. We really don’t want this to turn into something unpleasant for anyone involved. We are hoping CityDAO can rally around this project as a very positive thing.

  9. I have more questions plz We will be hosting a daily AMA on this Proposal at 2pm PST on Thursday and Friday November 9th and 10th and daily from Monday November 14th until Friday November 18th. Come join and ask all your questions!

  10. Is this Legal? Everything within this proposal will be first passed through CityDAO legal council and any required changes will be made accordingly before finalized.

Legal Notice & Disclaimer: The entirety of the above proposal and any and all of its details, including but not limited to pitch deck and related details must be reviewed by and modified by CityDAO legal council and/or other legal council related to the venture or any of its stakeholders.

Approve
4 votes
2 years ago

DAO Coalition Funding

TLDR

The DAO Coalition is a group of approximately 30 DAOs and supporting organizations that seek to advocate on behalf of DAOs in the United States and globally. This coalition was started by Stuttgart on behalf of CityDAO, and therefore CityDAO has a significant place in the coalition. This CIP requests $9,999 as part of a fundraising effort among other DAOs in the coalition. The purpose of the fundraising is to provide funding to formalize the coalition as it relates to legal fees (incorporation, creation of bylaws) and website creation. Benefits to CityDAO would be a leadership role with the DAO Coalition as it advocates in Washington, D.C.

PROJECT TEAM

The DAO Coalition currently consists of 3OH DAO, Alliance DAO, ATX DAO, Aragon DAO, Bankless DAO, City3, CityDAO, Cohere, Data Union DAO, enDAOment, Governor DAO, Impact DAO, JournoDAO, Kali DAO, Klaytn, Krause House, KYC DAO, LegalDAO, LexDAO, Lobby3, Nemus, OtoCo DAO, PAC DAO, Polygon DAO, R3WIND DAO, Sapien Network, Sporos DAO, SuperRare DAO, SSV DAO and Standard DAO.

Supporting organizations within the DAO Coalition include the Blockchain Association, COALA, NEAR, the DAO Research Collective, and the World Economic Fund.

DETAILS

CityDAO has been leading an effort to establish a DAO Coalition for the purposes of advocating on behalf of CityDAO and all DAOs. DAOs face both risks and opportunities. It is critical that DAOs come together to speak with one voice on issues that impact the sector.

As it relates to risks, as a result of our relationship with the Blockchain Association, earlier this year we were made aware of interests in Washington, D.C., such as the Crowdfunding Professional Association, which have been advocating to the SEC with appeals that are directly averse to the existence of DAOs. More recently, we’ve seen the CFTC sue Ooki DAO on allegations that, as an unincorporated association, it violated federal laws.

As far as opportunities, this summer, Senators Gillibrand and Lummis introduced S. 4356, the Lummis-Gillibrand Responsible Financial Innovation Act, which, if enacted, would, for the first time, provide a federal framework for DAOs. This legislation would provide an opportunity for the DAO Coalition, on behalf of CityDAO and all DAOs, to provide a positive narrative to policymakers about the promise of DAOs.

It is in light of the aforementioned risks and opportunities that the DAO Coalition has been holding monthly conference calls since its informal inception this summer. DAOs are being formed every day and, according to DeepDAO, there are almost 5,000 DAOs in existence to date. The DAO Coalition aims to harness that collective voice, but requires a small contribution from representative DAOs to begin its operations. To this end, the DAO Coalition is requesting a contribution to assist with the coalition’s formal establishment.

Other DAO representatives also are asking their respective DAOs for contributions and Lobby3 has secured its own $10,000 commitment. CityDAO’s $9,999 contribution would help ensure that CityDAO would play a leadership role as the DAO Coalition is formed.

Scottfits and Stuttgart currently are listed as CityDAO representatives within the DAO Coalition and this proposal would aim to have them represent CityDAO as Directors of the formal DAO Coalition. None of the CityDAO $10,000 contribution would go to Scott or Stuttgart. In the event that Scottfits is not available, David will take his role as CityDAO representative.

PROPOSAL BUDGET

This proposal requests a one-time disbursement of $9,999 in USDC to the DAO Coalition treasury. Other DAOs also have been asked and may contribute money to this fund.

TIMELINE AND DELIVERABLES

Once the DAO Coalition has secured the necessary funding, the coalition would aim to take the necessary steps to formalize in Q4 2022 or Q1 2023.

RISKS

There is little risk to CityDAO from this contribution other than the coalition not being able to raise the sufficient amount of funds to formalize and we believe that given the number of other DAOs in the coalition we should be able to raise these funds. If the coalition is unsuccessful in raising necessary funding, the coalition would reimburse CityDAO.

REGULATORY

The project would create a new legal entity outside of CityDAO, but would not create a new tax burden for CityDAO. Should CityDAO also wish to provide a small sustaining contribution for ongoing activities after the DAO Coalition has been established, a separate CIP would be requested. Given the number of DAOs already in the coalition, we would not anticipate that a request to DAO Coalition members for such sustaining funding would be more than $10,000 per year, per coalition member.

BENEFITS TO CITYDAO

The first and most obvious benefit to CityDAO is the preservation of its existence. While CityDAO operates entirely within the law as an LLC, we are confronted with an uncertain legal landscape with pitfalls and obstacles. CityDAO seeks not only to exist but to collaborate with other DAOs and create IRL spaces for other DAOs to flourish. To that end, our presence as a leader in lobbying efforts keeps CityDAO in an important position in the DAO space.

Another key benefit comes from the collaborations and relationships with other DAOs that such a presence will foster. Working hand in hand with organizations like Bankless, Aragon, Polygon, the Blockchain Association, NEAR and the World Economic Fund has benefits that cannot be adequately measured in dollars or in the short term. For the $10K contribution this CIP seeks, it could benefit CityDAO immeasurably.

A third benefit is the engagement with larger communities and increased awareness of CityDAO. Having our name associated with so many other DAOs, each of them with many thousands of members, all of whom are committed to the web3 and DAO space, being in a leadership position within the DAO Coalition could serve as wonderful, perpetual marketing.

Approve
4 votes
2 years ago

t0wn

TL/DR: The Big Parcel Project will be rebranded as t0wn. Instead of buying thousands of acres and selling thousands of tokens to individuals to try to build a vast “city,” we will target only high-level DAOs (20-30) to sell high-priced tokens in order to create a “t0wn” governed entirely by DAOs rather than individuals. Think NATO, or UN, or Davos for DAOs. If CityDAO creates it, we will have a seat at the table, prestige, and governance in the new world order.

The project is in 3 stages, as is the budget, which serves to compensate the team, to hire people as needed, and pay for devs to create the token if we get to that point. The land to be purchased is not specifically designated at this stage of the process, and may range from a building in a distressed city or university campus to an exquisite lodge in a lush wooded area (see deck, linked below, for more details).

OVERVIEW

CityDAO will lay the foundation for the first ever town governed by a group of DAOs. After identifying and securing an appropriate property, CityDAO will create a low-supply, high cost token which will be purchased by a hand-selected group of DAOs in order to fund the acquisition of the property. These DAOs will become the founding members of t0wn, with CityDAO as its “founder.”

Here is a deck that more completely and visually articulates our ambition: https://pitch.com/public/4a22922a-a2bc-4855-8a5b-1338e4a4432f

t0wn will be carried out in three consecutive stages: (1) R&D, (2) Development, and (3) Execution. All stages will be executed entirely by the t0wn Team (defined below).

STAGE ONE (R&D) DETAILS

In Stage One, the t0wn team will: Identify viable properties; Call agents representing viable properties to understand parameters, timing of sales, etc; Host Twitter spaces to promote the t0wn project, generate interest from other DAOs and web3 orgs, and get feedback; Talk to DAO leaders one-on-one and get LOIs / commitments to be inaugural t0wn members; Consult with state and local officials in areas where we have identified viable properties; Begin to sort out legal implications of DAOs co-owning a property

STAGE ONE - TENTATIVE TIMELINE

WEEKS: ACTION 1 - 4: Identify viable properties 2 - 6: Call real estate agents for viable properties to understand parameters, timing of sale, etc 3 - 7: Host Twitter spaces to promote the t0wn project, get other DAOs interested, and get feedback 4 - 8: Talk to DAO leaders one-on-one and get LOIs / commitments to be inaugural t0wn members 4 - 8: Start to sort out legal implications of DAOs co-owning a property

STAGE ONE BUDGET

For stage one of this project (R&D), $58,000 USDC will be transferred to the Big Parcel multisig (to be rebranded as "t0wn multisig") immediately upon the passing of this CIP. This money will be allocated as follows:

Team compensation: $32,000 USDC (based on 8 weeks, 10 hrs/wk at $100 p/h x 4). Discretionary expense budget: $20,000 USDC (to be added to what’s already in the Big Parcel multisig) for marketing, legal, etc. If certain conditions are met (see below), stage two (Development) will be triggered.

TRIGGER FOR STAGE TWO

Ten DAOs signing LOIs (Letters of Intent) stating their intention to become founding members of t0wn at a token price of greater than or equal to $75k will automatically trigger Stage Two, and its budget will be sent immediately to the Big Parcel/t0wn multisig. This trigger can also be met by any number of DAOs that commit via LOI a total of not less than $750,000.

If more time and/or funding is needed in Stage One to acquire the LOIs, the t0wn team may use funds from the discretionary fund to pay for up to four more weeks of work (including team comp) at the same rate as above. For clarity, should the Stage One tasks take longer than 12 weeks to complete, the team will receive no further compensation until/unless the project enters Stage Two.

If the t0wn Team wishes to proceed to Stage Two with a total financial commitment lower than $750k, this will be subject to the passing of a separate CIP.

STAGE TWO (DEVELOPMENT) DETAILS

In Stage Two, the t0wn team will: Manage token design and legal contract development; Continue to host Twitter Spaces and get LOIs from additional DAOs, with the intent of including 20-30 founding orgs; Keep tabs on all viable properties, set up legal entities and put all the logistical pieces in place so as soon as the project is funded, the property purchase can take place immediately.

STAGE TWO - TENTATIVE TIMELINE

WEEKS: ACTION 1 - 4: Select and engage token team 1 - 4: Select and engage legal counsel to draft applicable contracts 4 - 8: Manage token team 4 - 8: Manage legal counsel 1 - 8: Call real estate agents for viable properties to understand parameters, timing of sale, etc 1 - 8: Continue to host Twitter spaces to promote the t0wn project, get other DAOs interested, and get feedback 1 - 8: Continue to talk to DAO leaders one-on-one and get LOIs / commitments to be inaugural t0wn members

STAGE TWO BUDGET

If the Stage Two trigger is met, an additional $102,000 USDC will be transferred to the Big Parcel multisig immediately. This money will be allocated as follows:

$25k for Dev and PM time, token design $25k for legal fees $32k team compensation (same rate as above, for 8 more weeks) $20k discretionary fund (in addition to whatever is already in the safe)

STAGE THREE (EXECUTION) DETAILS

In Stage Three, the t0wn team will: Distribute the token to the founding member DAOs; funds go to the Big Parcel multisig; t0wn team will use the funds to buy the property; t0wn begins!

STAGE THREE BUDGET

TBD - It is too early to determine the appropriate budget for the Execution stage; therefore, the t0wn team will post a separate CIP for funding when the time comes.

BENEFIT TO CITYDAO AND ITS CITIZENS

If t0wn is a success, CityDAO citizens stand to benefit considerably, in a number of ways:

Membership Tokens: In return for funding the genesis of t0wn (i.e. Stages One and Two, $160k upfront spend) CityDAO will get either: Three (3) membership tokens, or a membership stake valued at $225k, whichever is greater.

Governance: CityDAO also gets the governance benefit of holding more membership tokens, which is likely to be the most powerful position in the collective unless another DAO opts to buy more than one membership token.

Citizen Memberships: CityDAO Citizens will enjoy all the benefits of membership in t0wn, in many cases at a greater rate/quantity due to CityDAO’s larger membership stake in t0wn.

Brand / Prestige: CityDAO will be branded / marketed as the “founder” of t0wn, while the initial member DAOs will be “founding members.”

t0wn TEAM

Da3vid: Vision and Legal David is an attorney licensed in New York since 2005, has a Masters and is now studying for his Ph.D. in Sociology related to DAOs and the metaverse. He has been teaching business law, management and organizational behavior at an international university for 15 years. He also ran the two largest improvisational theater companies in China for a decade (one in English, one in Chinese) with valuations in the millions of USD while also creating and running his own highly successful theater company, all in Chinese.

David was on the CityDAO Council, helped to write the Charter and Operating Agreement, facilitated the Legal Guild, served on the first Mission Guild and is currently the facilitator of the Education & Research Guild, which he also founded.

Gugz: Vision and Project Management Gugz has been producing film and television, everything from shorts and music videos to feature documentaries and big-budget TV, for more than a decade. He has taken dozens of projects from zero to scale. He helped start a management company a decade ago as its first employee and has developed ideas into global films and series. In one instance, he was part of a team of four producers who created an entirely independent, $70 million season of television, for which they built a TV studio from scratch, all in the name of creator ownership (THE FIRST, starring Sean Penn, on Hulu).

Gugz has served in various leadership positions at CityDAO over the past year, including writing its charter with a team of collaborators and founding its grants program. He is co-founder of R3WIND (formerly BlockbusterDAO), a decentralized media organization.

Tasafila: Marketing and Design Tasafila has worked as a creative and growth strategist in B2B Tech, E-Commerce and Web3; building campaigns, LMS systems and go-to-market strategies for major brands such as IBM, Oracle, Reef, Whirlpool, Therabody, and more. He launched his self-funded vegan grocery startup in 2020 and shipped nationwide. He pulled interest from Shark Tank and an activation with American Airlines before exiting in 2021.

In early 2022, Tasafila launched BlockbusterDAO which garnered global media attention and formed one of the largest web3 grassroots communities in the world, without ever spending a dime on advertising or marketing.

ScottA: DAO Partnerships and Economics Scott has worked for the government developing programs to end homelessness and alleviate poverty (Housing First Edmonton). He has taught university classes at the undergraduate and graduate levels in economics. He has a strong background in data analysis and various programming languages, such as R. He also has a background in music; he wrote and produced two full-length albums under the band “Making a Monster.”

In 2022, Scott completed a Ph.D. in economics from the University of Alberta with a focus on economic growth. He graduated with top marks and is set to publish two journal articles in reputable publications (Journal of Economic History and the Journal of Institutional Economics). He has taken an active role in CityDAO and organized successful initiatives such as the CityDAO Conference and Journal.

MULTISIG Funds will be sent to the current Big Parcel multisig. Tasafila and ScottA will be added as signers, with Blackacres remaining on as an independent overseer, to make it a 3/5 multisig.

FINE PRINT In the spirit of fostering a more autonomous and project-based culture at CityDAO, the following will be effective immediately upon the passing of this CIP:

Utilization of CityDAO Members: The t0wn project may opt to, but will in no way be obligated to, utilize any personnel or individuals employed by, receiving funds from or in any way affiliated with CityDAO. The decision of whom to work rests entirely upon the judgment of the t0wn Team.

Process of Work: Such that any CityDAO executive body, committee, guild or team is in place at the time this CIP passes (ex. the Planning Guild), this project will not be subject to its authority.

Separation of Authority: t0wn will be set in motion by the t0wn team on behalf of CityDAO, but the project, such that it exists, will ultimately be owned and governed by its member DAOs. The t0wn project will create its own operating agreement and will not be bound by the CityDAO operating agreement. t0wn may utilize any legal structure that is suitable, including but not limited to an LLC, non-profit, trust, UNA, etc.

Access to Twitter, Discord and Social Media: This project requires the use of the CityDAO Twitter and Discord accounts. If this CIP passes, the t0wn team will have the ability to post on the CityDAO Twitter, host Twitter Spaces, etc. Web3 Funding: While the focus will be on DAOs, we will also consider funding from Web3 organizations that are not technically DAOs, for example, the Ethereum foundation.

Approve
4 votes
2 years ago

CIP-111 DAOLabs Space in Denver, CO.

DAOLabs

DAO Labs will be an innovation hub for aspiring and current Web3 enthusiasts, developers, engineers, designers and community members.

Co-working spaces such as WeWork are expensive and adopt a corporate and formal culture, one that struggles to embrace and encourage innovation and creative thinking.

DAOLabs aims to provide these creators and innovators with a new type of working model that seeks to be engaging, and fair and promotes building and innovation.

DAOLabs does this in a number of ways;

The Launch

The launch of DAOLabs Denver will provide citizens with free access to the DAOLabs for the first 90 days of Launch. During this time, the DAOLabs team aims to finalise the development of the Partial Common Ownership business model and the future development of the project.

Future Benefits

  • Off-Peak free access to Citizens
  • xx hours worth of free access passes per month (To be determined)
  • Priority Booking during on-peak hours

Locations

DAOLabs proposes Denver, Colorado as the initial location. This is due to a number of factors such as:

  • Reasonable lease prices: Lease prices in Denver are better valued than in some other researched states such as NY, TX, FL, CA, Etc
  • Denver’s Tech Community: Denver is known for its bustling tech and startup community.
  • ETHDenver: This is one of the largest crypto events and having a location where we can facilitate a space for people to build throughout the event, but also gain publicity through the event.
  • Central Location: Denver, CO is quite a central location to other states in the USA.
  • Denver is extremely close to both Parcel 0 and Parcel Blanca and can act as a hub/lab between the two.

Future Locations

Pending the success of DAOLabs Denver, DAOLabs aims to open a number of similar spaces to be used by citizens around the globe.

Upgrades

DAOLabs aims to be community driven. Certain amounts of capital can be allocated by the community to upgrade the locations for their benefit and at their specification.

QV Funding

DAOLabs will utilise QV Funding models to fund projects within the locations. The goal of this is to fund startups and projects in the DAOLabs space in a fair and efficient manner.

Sponsorship

Members of DAOLabs can earn sponsorship for themselves and their teams. This is done through our sponsors and aims to provide top projects and individuals with the opportunity to bootstrap their development.

Partial Common Ownership -Desk Lease

Partial Common ownership (PCO) is a new form of ownership and of managing assets that is fairer and more efficient than those under capitalism or communism.

In PCO or Plural Property assets belong to no one and everyone. An asset’s current possessor must self-assess and declare its value. Based on the self-assessed value, they pay a fee, which can be used to fund public goods, or distributed as a social dividend. If somebody bids more for that asset, current possessors sell it for their self-assessed value, resulting in more benefits for the public.

DAOLabs Inherits Mechanisms from PCO and Plural Property to create a unique ownership model for our builder Space.

Users of the space will have the ability to view all of the desks available each day.

Desks may utilise a lease structure incorporating PCO to obtain the maximum economic benefit from each desk and location allowing DAOLabs to grow at an optimal rate.

Requirements

CIP-111 proposes the following:

  • Full support from CityDAO for media assistance and coordination

  • $162,500 to cover the lease of the property for 1 year.

  • $47,500 to cover any other incurred expenses *Incurred expenses include design & development budget, travel costs, insurance, maintenance etc.

  • $20,000 Compensation to the team for execution and setup of the space

Timeframe

  1. Snapshot Completion Date: 22th October 2022

  2. Lease engagement: 23rd October - 23rd November 2022

  3. Lease Start Date: 23rd November 2022

  4. DAOLabs Opening: 24th November 2022

  5. DAOLabs Business Model and Software Refinement: 24th February 2023

Deliverables

Milestone 1: Snapshot Completion

Milestone 2: Space Lease and Organisation

Milestone 3: Partners Onboarding

Milestone 4: Space Launch and Citizen Introduction

Goals

CIP-111 aims to deliver the following to CityDAO Community:

  • Business Opportunity
  • Space for citizens
  • Space to try real-life experiments

Partnership Opportunities

DAOLabs will aim to establish partnerships with the following entities in technology and Web3.

  • Venture Capitalist Firms: To provide support and assistance to sponsor projects in DAOLabs
  • Technology Groups: To advance the adoption of web3 into web2 through DAOLabs projects
  • Major Blockchain Protocols: To provide support and assistance to sponsor projects in DAOLabs.

Team

  1. Oisin Lyons (Lyons800) - Lead on Space
  2. Konrad - Operations Assist
  3. Josh - Real estate
  4. A fourth Member may be brought on to assist

Next Steps

  1. Pass Snapshot Proposal

  2. Create CIP-111 Team Multi-sig with the member proposed

  3. Send $230,000 from the main treasury to the multisig

  4. Off-ramp funds if necessary for proof of funding requirements on lease.

APPROVE
4 votes
2 years ago

CIP-124 Q4 Funding

SIMPLE SUMMARY

Q4 is fast approaching and no budget or mechanism allocated to pay contributors during that period exists. Q3 included a lot of restructuring and clarity was gained via an approved vote a short 7 weeks ago (July 24). Planning Guild is working on Charter amendments to address future structure and budgets, but until those are in place and approved by the DAO, we risk some level of disorder on October 1st. Extending the Q3 Funding period, with some alterations below, appears to be a simple strategy to keep core functions and Guild projects ongoing, while limiting the amount of confusion associated with a more complex structure and budget for Q4.

SPECIFICATION

Extend the funding period included in the passed CIP-69 Q3 Guild Structure and Budget 6 to include the period from October 1, 2022 to December 31, 2022 with the following alterations:

  1. Facilitators will continue to work in their current positions, unless they’ve stepped down from a role.
  2. The Planning and Operations Guild shall: - Maintain operations functions related to communication channels. - Revise and implement improved Charter and processes, with specific focus on clarifying and automating governance structures. The Charter should be posted and easily navigable once complete and approved by the DAO. - Make efforts visible to the community, provide regular status updates and shall hold a weekly call.
  3. Discontinue the use of NFTs as Facilitator compensation.
  4. Guild Safes will utilize unused USDC and NFTs from Q3 for Q4 operational costs.
  5. USDC and NFT’s remaining in Guild Safes on January 1, 2023 will be used to credit Q1 2023 funding budgets for each guild, if any is proposed.
  6. Should a Guild not plan to exist in Q1, 2023, all funds will be sent to the Treasury: 0x60e7343205C9C88788a22C40030d35f9370d302D

An APPROVE vote would mean you approve an extension of the Q3 Funding period as amended above.

A REJECT vote would mean you reject an extension of funding.

Quorum is 500 Citizen NFTs as this CIP involves more than $10,000. Snapshot currently shows quorum incorrectly since we've moved to quadratic voting. Quorum will be calculated by counting each Citizen NFT after the results.

Polis Conversation Report: https://pol.is/report/r93bsr9mwv34rcr2aezhu

APPROVE
4 votes
2 years ago

CIP-123: CityDAO In-Person Meetup and Team Building

October 1st-5th 2022

After hearing about the success of the CityDAO facilitator retreat in May, and having spoken with many of the participants, we believe it’s in CityDAO’s best interests to have another IRL meetup. Zeno’s Family Property in Oregon

We propose to meet at a property owned by Zeno’s family near Portland, Oregon - approximately 35 min from Portland International Airport. Zeno’s property includes the following amenities:

12 beds and 3 bathrooms TV / Internet Pool Table Access to Sandy River and recreation 60 acres of land

CityDAO citizens will have an entire house on the property, configured as: Room A - 6 beds / 1 full bathroom Room B - 4 beds / 1 full bathroom in hallway Room C - 2 beds / 1 full bathroom Camper Vans, RVs, and tents are an option as well, bring your own!

Facilitator compensation for Zeno and PatSantiago would be $500 each (USDC acceptable).

Cost to rent the house is $850/night (USDC acceptable). Travel Stipend- Distance traveled * 0.10 = USDC received Example- If you travel 5,300 miles you get $530 USDC

A capped budget of $18,750 to be spent on lodging, food, travel stipend, and extracurricular expenses.

Food may be provided $25 for breakfast per person and dinner $35 per person

Deliverables:

Relationship and team building- Talking in person over the course of days will bring great benefit in connecting people and solidifying teams working on upcoming projects such as CIP 100 etc. With the main objective being expedited decision making and broad strategy setting.

We also aim to use this event as an experiment for planning other IRL events around the globe.

Yes
4 votes
2 years ago

Temp Check: Use Leftover Planning Guild Funds for land acquisition

Summary

In CIP-69, the planning guild was authorized to spend $50k in discretionary spending. $10k was transferred to the bank account to cover some SaaS expenses and legal fees. $40k remains.

Proposed Use

As Q3 is coming to an end, Scott and Josh propose using the remaining $40k, or however much remains after documented Planning expenses, to acquire 3-5 more parcels of land next to Baby Parcel in Alamosa, CO, so that we can make more parcels available to Citizens and start to bootstrap a neighborhood there. These parcels will be available for citizens to lease and use. One may be kept for CityDAO collectively as a town square.

Why this proposal?

This is technically an allowed action already under governance, but is a less traditional use of the funds. We wanted to check with the DAO.

  • A YES vote asks planning to use leftover funds to buy more baby parcels
  • a NO vote will ask the planning guild to return the funds to the main treasury

YES
4 votes
2 years ago

CIP-114: Teach Anything! with Tippi Fifestarr

SUMMARY

Since May 20th, Tippi has, for free and on his own, created and run a successful bi-monthly event within the Education & Research Guild called “Teach Anything!” This CIP explains the event’s success, creates deliverables for Q3 and asks for basic funding to continue this event. This CIP asks for $950 per month for the development of the event + 1 NFT for the quarter as retroactive comp for Tippi.

BACKGROUND

The foundation of a city is not land, it is community. The foundation of a community is people and culture. A strong culture requires four elements: ritual, storytelling, artifacts and language. CityDAO seeks to be a city. This necessitates a community that grows together. Events where people gather to share knowledge and stories provide critical elements of shared culture.

In May 2022, Tippi began an event called “Teach Anything!”, which is held twice a month. It consists of 4 presenters who speak on topics of interest. The purpose of this event is not only to show that anyone can teach, but also to help people share their stories and knowledge, and to help people improve their presentation skills.

SUCCESSES

Using the metric of “citizen time”, Teach Anything! is one of the most successful initiatives in CityDAO. Over the past 3 months, it has generated over 55 hours of citizen engagement. At least 20 different citizens have attended overall, with a high rate of retention as measured by return attendance and requests to present again.

Including Tippi, 8 unique citizens have presented. Only 2 presenters missed their slots in the 5 sessions, and both of them came to the next session and taught. Feedback from the citizens has been positive as measured by informal polls. There are almost no comparable initiatives that have been done for free by members of CityDAO, undertaken for the good of the community without compensation.

Here is a list of topics that were presented:

Intro to Teach Anything, Listening to the Audience, How to give Quality Feedback, How to Ask for Money, Web3 Acronyms, The Relevance of Fruit, Types of Fruits and Health Benefits of 20+ Different Fruits, Introduction to Marketing: What is Marketing (part 1), Introduction to Marketing: What is Marketing (season 1 part 2), Why I Love Design Thinking, From Dirt to Data (Deep dive on Plot 0), How to Write a Pitch Deck, What I Learned at Permissionless.

The variety of topics (Anything!) and the juxtaposition of quality (Anyone!) make this event novel and interesting and keep people coming back.

ROADMAP AND DELIVERABLES

Development of a feedback and evaluation process using established Human Resource Management (HRM) techniques, to be led by Tippi and guided by David. David has been a professor of HRM for over 5 years at an accredited undergraduate university. Charted qualitative and quantitative analyses of various key metrics, such as distributions of participants, satisfaction, effectiveness of training, quality of guidance, etc. These metrics form the basis of analyses that can be used across guilds. Experimenting with alternate times and meeting locations besides Discord, particularly Gather.Town, to host the Teach Anything! events. REQUEST FOR FUNDING

So far, Tippi has run this event for 3 months without any compensation or request for compensation. This demonstrates a commitment to the success of CityDAO and should be rewarded. This CIP would award 1 Citizenship NFT to Tippi retroactively for his contributions.

Facilitating this event, analyzing the data and continually improving quality is believed to take approximately 5 hours per week. At $40 per hour, this would be $200 per week, or $800 per month. Additionally, $150 per month is requested for discretionary funds, which may be used to experiment with rewarding presenters, participants, survey takers and other metric providers. This $150 will not be used for compensation to Tippi.

Approve
3 votes
2 years ago

CIP-115: CityDAO Academic Conference and Journal

Summary

This CIP seeks funding for ScottA to continue to assist in planning the first annual CityDAO Academic Conference and to continue work with numerous authors on the CityDAO Journal. ScottA was previously bountied to work on these tasks, but as the Q3 Education & Research Guild budget has been reduced by 50%, his work is now being presented as an independent project. This CIP requests $1200 + 2 Citizenship NFTs per month for his work.

Background

One of the most exciting initiatives in the Education & Research Guild is the development of the first annual CityDAO Academic Conference, which will be held virtually from Sept 3-4, 2022. The event brings together various experts in different aspects of blockchain and web3 education. The ultimate goal is to start a positive feedback loop intertwining a cutting-edge web3 city with education. Education and cities induce powerful positive externalities. This dynamic has boot-strapped great cities in the past and is a model for doing so in the future.

Connected with the conference is CityDAO Journal, which is a method to explore the ideas that will build web3 cities and establish CityDAO as a thought leader in this space. The Journal seeks to discuss vital concepts and to push them forward while at the same time producing content to attract people via thoughtful engagement.

ScottA recently finished a Ph.D. in economics and is currently set to publish two journal articles. He has a strong research background and is highly qualified to lead such a project.

SUCCESSES

ScottA has helped to curate relationships with 45 student blockchain associations, 30 education-related DAOs, and numerous other potential contributors. Contact methods have included emailing, engaging on Twitter and discord, and via LinkedIn. Thus far, of the groups contacted, about 35% have replied, and 25% plan to participate in the conference.

ScottA has spent over 60 hours contacting, following up, and conversing with the above-noted groups. This will be valuable in numerous ways for CityDAO moving forward – building a city will require many partnerships and resources. We now have keynote speakers, 5 panel discussions and 2 roundtable discussions. He has additionally developed and maintained a detailed spreadsheet of all contacts, which is valuable to CityDAO.

During this past quarter, ScottA has also helped to oversee the CityDAO Journal. This has produced content related to Quadratic Voting/Funding and Social Tokens. The articles have gained considerable readership using metrics such as twitter likes and retweets. One citizen stated that finding the articles was the reason they joined CityDAO. ScottA has spent over 45 hours writing, editing and developing others’ content, and doing research related to the articles.

Finally, ScottA has contributed to initiatives such as the CityDAO book (currently writing multiple chapters), the Study Group (attended all the groups and led the discussion on 2 occasions), and broadly to the ultimate vision of CityDAO University.

ROADMAP AND DELIVERABLES

Successful delivery of the CityDAO Academic Conference

Success metrics will include the number of total citizens and non-citizens attending, satisfaction, and engagement. A metric will be derived called “key connections.” A “key connection” will be established if a participant attended the majority of the conference and, in a follow-up survey, indicated a desire to have further involvement with CityDAO.

Continued Maintenance of the CityDAO Journal

The articles should be measured as successful if they attract traffic and encourage involvement in CityDAO. Metrics have not yet been established, but ScottA will work in partnership with the media guild to do so.

The articles produced will focus on quality over quantity. The goal would be 1-2 articles per month and should be highly aligned with topics in the Web3 space and CityDAO. This will include articles that may result from the CityDAO Academic Conference

Establish the CityDAO Think Tank

One key goal of the Education & Research Guild is to pivot from maintaining numerous independent initiatives to becoming a think tank for projects that are proposed by citizens. ScottA will work with David to develop a process for citizens who require research to be matched with key resources and for those resources to be properly overseen, evaluated, bountied and compensated to maximize quality and effectiveness.

REQUEST FOR FUNDING

During Q2, ScottA was bountied at 20 hours per week at $30 per hour. Given budgetary restrictions, this CIP proposes that his hours be reduced to 10 hours per week for a rate of $300 per week + 2 Citizenship NFTs per month.

Approve
3 votes
2 years ago

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