konradk.eth

konradk.eth

konradk.eth

Past Votes

15

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
3 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
3 votes
1 year ago

CIP145 - Elections for the CityDAO Multisig

TL/DR: This is a proposal that seeks to: Establish a formal election process (“CityDAO Election Process”) to be used initially for the CityDAO Multisig (“Multisig Election”); Establish compensation and limited authority for the Elected Multisig; Empower Walter Clapp as the Election Facilitator (@wdclapp Discord handle) to administer the Multisig Election and all related aspects of the election process; Compensate Walter (and any team members, as may be determined by Walter in his discretion) for the efforts and undertakings relating to #1, 2, and 3 above.​ Total target compensation = $9,000 (the “Election Comp Pool”); which includes Walter’s compensation plus money available to compensate assistant(s) at Walter’s sole discretion.) SECTION 3.05 of the Operating Agreement states CityDAO’s purpose and mission as follows: “PURPOSE; POWERS. CityDAO was established for the purpose and mission of exploring decentralized governance mechanisms as well as establishing verification of physical asset ownership, such as real property, on the Ethereum Blockchain.” CityDAO has not spent adequate time or money on decentralized governance and this CIP aims to change that dynamic. The time for elections at CityDAO is here. Our First Election will be to Elect Members of the Multisig. According to Chat GPT, “Here are some reasons why DAOs might use elections: Representation: Elections allow DAO members to choose representatives who can make decisions on their behalf. This can help ensure that the decisions made by the DAO are aligned with the interests of its members.

Accountability: Elections can hold representatives accountable to the DAO members. If representatives fail to perform their duties or act in a way that is not in the best interests of the DAO, they can be removed from their positions through a vote.

Transparency: Elections can provide transparency in the decision-making process. All members have the opportunity to participate in the voting process and have a say in the direction of the DAO. Efficiency: Elections can help DAOs make decisions more efficiently. By delegating decision-making to elected representatives, the DAO can avoid delays and inefficiencies that might result from a more decentralized decision-making process.

Legitimacy: Elections can help legitimize the decisions made by the DAO. When decisions are made through a transparent and democratic process, members are more likely to accept and support them.” Currently - The “Multisig” is a body of eight (8) individuals who own private keys that own and control the CityDAO Main Safe Treasury. There are a few ways to manage a DAO Treasury and in the early days CityDAO chose the centralized manner of establishing a Multi-signature Smart Contract. Currently, 5 of 8 signers must sign a transaction to use money from the DAO’s treasury. This CIP creates a Multisig election. Each seat will be paid $200 per month. This CIP also confirms the Multisig authority to not sign transactions if they violate any act of governance (CIP, Charter, or OA), or violate US/Wyoming Law. Walter Clapp will oversee and implement the first election of the current 8 Multisig seats pursuant to this CIP. Walter makes sense as a licensed attorney, and his interest in reinvigorating the republic in America, including a vision for a Constitutional Convention. Walter is also a public candidate for President of the U.S. Walter can achieve the goal of getting CityDAO from the appointed Multisig of today to the Elected Multisig of CityDAO’s future. The election is intended to be completed by July 1, 2023. Multisig members will be up for election every 1 year. July 2023 multisig members will be replaced in July 2024 and so on. Unless a new CIP is passed to amend this one, it will recur with automatic passage annually. Multisig members may serve a maximum of two terms. Once this CIP passes, the CIP and election, to completion, will be publicized by the DAO to Twitter, the Website, Discord, Discourse, and via email. Nominations will be open to be submitted via Forum (Discourse). Self-nominations are prohibited. Nominations will require the person nominating to provide proof of humanity via a photo of their face with the nominee’s name on a piece of paper held by the nominator. Nominations for individuals will be subject to open Q&A, as well as limited debates that may be hosted by Walter.

Eligibility: Nominees will be required to go through KYC and AML, and any other legal hurdles required by the US or Wyoming law, prior to the vote. Nominations will open upon passage of this CIP and shall close on June 1, 2023. Walter will then compile a list of all qualified nominees for voting after the close of each round of nominations.. A virtual synchronous election over a seven (7) day period will occur via a CityDAO Citizen token gated discord channel (or Snapshot) administered by Walter and other present admins. Each citizen will be asked to rank their top eight (8) votes for the multisig. All citizens may only vote one time. Walter will manually tabulate the winners pursuant to the rules of rank choice voting, and publish the results on Snapshot for certification. These new signers will be admitted to the Multisig within 24 hours of certification. The next four (4) highest votes will be alternates. In the event a Multisig member steps down, is removed, or otherwise unable to complete their role, they shall be replaced by the alternate with the next most votes from the election (and if they are not available, the second highest voted alternate would be appointed, and so on). All 8 Multisig seats will begin receiving compensation the month after the first four new Multisignators are elected. Any tampering is expressly prohibited, including without limitation, Sybil Votes and use of Sybil Wallets. If tampering is discovered, the user(s) will be banned from multisig election voting for 1 year; and will be permanently banned from elected positions at CityDAO, or CityDAO positions with budget authority. Walter will work with current moderators and administrators to enforce these rules, publish ample advance notice of the nominations and election, and any updated rules of the election. Walter will publish a CIP to ratify the election and compensation within 24 hours of the election closing. If the elected are not ratified, this CIP will cease. Miscellaneous Terms of CIP-145 Term/Date of Completion no later than September 1, 2023 (note – anticipated ASAP but providing this outside date) The Facilitator role for this Election is a non-replaceable role, meaning that the CIP is formally terminated if Walter is not physically able to complete the election. Only a new CIP can establish a different or alternate election procedure. As stated above, the process will be finalized using a ratification CIP. Other CIPs relating to election considerations or compensation for elected Multisig members may follow depending on the nature of the process itself or its outcomes. Walter may use the assistance of others as he deems necessary, including the discretion to provide compensation from the Election Comp Pool in his discretion. Adjustments and amendments allowed by Proposer or Walter prior to Snapshot, will be tracked, and kept transparent in this Forum page. Payment of any amounts hereunder will be made from the Main Treasury within five (5) days of submission of Utopia payment request with reasonable supporting documentation as necessary.

For
3 votes
1 year 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
3 votes
2 years ago

CityDAO @ ETHDenver 23’


Hey everyone,

ETHDenver is rapidly approaching, and unfortunately, the most recent ETHDenver event-related CIP did not reach the quorum: https://forum.citydao.io/t/cip-131-fund-irl-events-citydao-winter-meetup-and-ethdenver/1874/20

We have had 60+ Citizens fill out the following form: https://kl6nnf5yfbj.typeform.com/to/EDDMHk8F

This CIP is to do the following:

  • Sponsor Housing for CityDAO Citizens wanting to build projects at ETHDenver.
  • Sponsor some CityDAO Merch for these teams to represent CityDAO at the event.
  • Sponsor small networking events through the wider event
  • Provide Resources to Citizens to form teams & ideas

ETHDenver Dates: 21st February to 5th March 2023

ETHDenver 22’


ETHDenver 22’ was a huge success for CityDAO Citizens.

Here were some of the following outcomes:

  1. 3 Sponsored AirBNBs for Citizens
  2. 6 CityDAO Citizen Projects
  3. New Core CityDAO Contributors
  4. 2 Top 10 ETHDenver Projects
  5. 5 Citizen Projects won prizes across different ETHDenver Tracks

Asks


  • 2-4 Houses for Citizens that want to hack at ETHDenver

    • Budget $12,500
    • Goal: Get people that want to build something as a “CityDAO Sponsored Team”
  • CityDAO Swag

    • $500
    • Goal: Increase CityDAO Awareness at ETHDenver
  • Networking Event

    • Budget: $1,500
    • Goal: Increase CityDAO Awareness at ETHDenver
  • Misc. Expenses

    • Budget: $3,000
    • Transport for Citizens at the event
    • Travel Budget for Team Organizing
    • Comp for Members who help organise/facilitate at the event
    • Other incurred expenses.

Total Budget Request: $17,500

Other Notes:

Organisation Notion: https://organic-beet-cf2.notion.site/CityDAO-ETHDenver-b013e09ed99c4d21a088398f7b9c2b08

APPROVE
3 votes
2 years ago

Temp Check: What monument should we build on Parcel 0?

Parcel 0 Monument Search

Earlier, scottfits put out an Request for Proposals (RFP) for a Parcel 0 monument. Read that here. https://forum.citydao.io/t/rfp-parcel-0-monument/1879

DAO contributor lotrfan has generously volunteered to lead an effort to install a monument at Parcel 0 and his uncle is a bronze sculptor. He has suggested a few different options to choose from and would like to survey the DAO.

This is an informal, non-binding pulse check, not a formal proposal. A subsequent proposal that outlines more formal plans and a budget may be posted at a later date.

Note: you can vote for multiple options in order of preference since this uses ranked choice voting

3 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
3 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
3 votes
2 years ago

CIP-100: The Network City

Summary

We propose realizing CityDAO’s original vision: the development of an IRL Network City with Web3 community governance.

To achieve this, our Team will develop positive-sum feedback loops that catalyze organic economic growth.

These feedback loops are modeled on the first principles of city formation and draw from historical precedents such as the development of Marfa, Texas. We are inspired by the ideas of Glen Weyl and will use Partial Common Ownership (a variant of Harberger Taxes), Quadratic Voting, and Gitcoin’s Quadratic Funding model.

We are creating the foundation of CityDAO’s future: an economic engine, situated in the real world, for Teams and Citizens to experiment, collaborate, compete, develop their ideas, and build.

Full CIP Text:

https://docs.google.com/document/d/1wraj0OAKuFskLLFUNHhgYQ7G2nHtfBpavHzDsSzpZLI/edit?usp=sharing

Approve
2 votes
2 years ago

CIP-69 Q3 Guild Structure and Budget

Citizens,

The following is a proposal for the re-structuring of CityDAO Guilds and a new budget structure for 2022 Q3.

CIP-69, if passed, will retroactively compensate contributors from the 11th July under the new budget Structure. CIP-69 will be for the quarter period July 1st to September 30th.

Each Document can be found in this Google Drive Folder: https://drive.google.com/drive/folders/1NxCXM-ihPwYwvq6G8Njjufhf5O3Cplb9?usp=sharing

Overview:

The CIP-69 Structure separates Guilds into two different Categories; Functional and Resource. This is done to assist with a leaner approach to execution and engagement, while at the same time, promoting a project based approach to CityDAO comp and deliverables.

Functional Guilds:

These are guilds designed to run the necessary operations of CityDAO so that it remains functional. These guilds will have the necessary manpower to execute things like: Financial Forecasting, Taxes, Salaries, legal work, compliance work, community management, discord, social media, marketing, events, media work, public affairs, grants, investments. etc.

These will not have onboarding flows and not have extra contributors. They are run specifically for functionality of Citydao.

Resource Guilds:

These guilds are the talent and resources necessary for CityDAO to grow. These guilds will have onboarding flows and contributors that are encouraged to join and complete bounties. These guilds will have 1 (2 in rare cases) facilitators with the task of doing VERY administrative guild work and with the main focus being encouraging onboarding, helping with resource allocation, guidance on projects that have their guild involved.

Projects: ( Project Empowerment (CIP-65))

Projects are ultimately what will push CityDAO forward. Projects will be proposed via CIP flow and managed by Planning & Operations. Management for these projects will be: Helping with the CIP flow, review of team and resources required, allocation of guild resources by working with the guild lead. Oversight of current CIPs and contact with leads for projects.

Projects are designed to mainly use Resource Guilds as a talent pool for a project team to execute on something. Resource Guild Facilitators will be tasked with working with Planning & Operations to find talent within the guilds and assign them to the project team.

Implementation

Draft 1 - 9th July Draft 2 - 10th July Draft 3 - 13th July Final Draft - 17th July Snapshot - 17th July Completion - 25th July Implementation - 26th-31st July

City Court Structure - Q3

The CityDAO Court requires amendment to the charter and this document serves as an overview of the structure proposed.

Until an amended draft is completed and the CityDAO Court structure is complete, the CityDAO Mission Guild will remain intact.

New Guild Structure - Q3

Authorised until end of Q3 2022

  • Design Guild: https://drive.google.com/file/d/1fNVJVrsSK7bS3pHedIuEuApeC4z2gXfO/view?usp=sharing

  • Legal and Finance Guild: https://drive.google.com/file/d/1v78nMkJpkSpntYUBEVI9DYRWnlH16tuS/view?usp=sharing

  • Grants and Innovations Guild: https://drive.google.com/file/d/1kDQtkjqaKIQPh5EfaXHVxPkF9TizNZTx/view?usp=sharing

  • Community Guild: https://drive.google.com/file/d/1lJMh9Na6JJ_Cdlr8_HzJ5bph-KGuvYWK/view?usp=sharing

  • Education and Research Guild: https://drive.google.com/file/d/1iiTZ55KHTRY5HX9je5432Ou8C1lcw7Ap/view?usp=sharing

  • Media Guild: https://drive.google.com/file/d/12ah723RAkZF9y4FjTIpjfpXS1qM1p5In/view?usp=sharing

  • Planning & Operations Guild: https://drive.google.com/file/d/1FcEeOVEMUQ-hmUaUHwsLn4Lgy1hjFdvV/view?usp=sharing

  • Real Estate Guild: https://drive.google.com/file/d/1zPldvUa4FSh8t_zTvV59uIUcOUELtsS2/view?usp=sharing

  • Development Guild: https://drive.google.com/file/d/1J-9hQEtWZcnsQZWTmzeLnac6FjzxQ8vw/view?usp=sharing

Q3 Budget

https://docs.google.com/spreadsheets/d/1J8DHB2iFPf0tmNB8LrYCV0PUacDRVM22TtCO_6a_CyU/edit?usp=sharing

Authorised until end of Q3 2022

QUADRATIC SQUARE ROOT VOTING APPLIES TO THIS CIP. THE RESULTS OF THIS CIP WILL BE DETERMINED BY RUNNING CHOICES THROUGH A QUADRATIC SOLVER.

APPROVE
1 vote
2 years ago

CIP-102: Acquire Baby Parcel for NFT Leases

Proposal full text:

https://forum.citydao.io/t/cip-102-acquire-baby-parcel-for-nft-leases/1625

Summary:

This proposal aims to acquire a small piece of land and authorizes off-ramping $9,999 for acquisition of the parcel that will be used for experimental NFT leases. The project will serve as a prototype for the Big Parcel project and leases will be made available to Citizens. The project team will research parcels and give the community a few parcel options to choose between.

We propose the Baby Parcel project, with 3 goals:

  • Purchasing a parcel of land and make NFT land leases available to CityDAO Citizens. This will be a breakthrough crypto primitive- the first NFTs that represent rights to visit, use, and potentially even build on land. It’s a step towards land ownership NFTs.
  • Serve as a prototype for the Big Parcel (CIP 66) project and test learnings on a smaller scale while a larger land purchase is scouted.
  • Serve as a logical next step to Parcel 0, adding more rights to the NFT land agreements.
  • We view this as the training wheels for learning how to ride the Big Parcel bike with NFT leases, land purchases outside of Wyoming, and more.

Specifically, we propose to purchase a vacant piece of land in the San Luis Valley of Colorado, where land is cheap, near tourist attractions such as Great Sand Dunes National Park, and where there are minimal HOAs or land use restrictions - for $9,999 or less - and to then experiment with subdivided leasehold interests for the holders of the NFTs. For example, CityDAO could purchase a 5 acre lot for around $5k, and “subdivide” the parcel into 10 half-acre parcels that would represent certain rights related to each sub-plot (Baby Parcel NFTs). We could also look at using Harberger mechanisms for rights transfers and additional value creation for CityDAO.

Project Facilitator Team:

Josh - Project Lead, real estate transactions Scott - real estate Lyons - strategy Konrad - operations Gugz - Big Parcel liaison and planning Project Team: facilitators will select and reward up to 6 Citizens who aid the project in dev, media, and design.

Project Facilitator Rewards: $2,500 USDC + 3 Citizen NFTs each

Project Team Rewards: $1,000 USDC + 1 Citizen NFT each

Additionally - CityDAO will retain one Baby Parcel NFT and the Project Facilitator and Project Team will collectively get the right to decide what to do with said NFT as a collective team.

Please Note - the rewards are an incentive for completion of the project. Upon successful launch of Baby Parcel NFTs as determined by the multisig holders, the multisig is authorized to transfer the comp.

Benefits for CityDAO / the Community:

Community Engagement – The Baby Parcel will provide CityDAO with a project that is achievable in the short run. The community will have something to be executed about, and the “doers” can get back to work adding value to CityDAO in a meaningful way. Once news of the Baby Parcel breaks, CityDAO can expect an influx of interested and willing contributors to step forward.

Innovating in NFTs and Real Estate: the Baby Parcel will provide a safe environment to be used as a proving ground for concepts that are relevant for Big Parcel execution (for example: land token experimentation, NFT transfer of property rights, potential Harberger experimentation, NFT design and execution, etc)

“Tuition” - The Baby Parcel will be the most important learning experience yet for CityDAO. CityDAO will have the opportunity to obtain intel / insight into the overall process without creating a “bet the DAO” situation as will be the case by the time we wish to move forward with the Big Parcel. For a legitimately minimal expense, CityDAO can find out what does - and does not - work with respect to creating a land token standard and using NFTs to allocate property rights. Whatever CityDAO learns from the Baby Parcel, it will be money well spent for the collective direction of the DAO and our mission.

Financial Considerations - Treasury Impact. The project team requests $9,999 offramped to the CityDAO bank account upon passage of this proposal for Parcel acquisition and legal costs. Any unused funds will be returned. This represents around 0.4% of our treasury.

Process Flow/Community Touch Points: a) This CIP-102 will be put up to Forum and then Snapshot for approval by the Community through governance.

b) If approved, the Community will be asked for a temp check “taste and preferences” vote (through Discord or less formal means than Snapshot) from between 3-5 selected parcels around 5 acres (For example: https://www.realtor.com/realestateandhomes-detail/Ll-9th-St-Lot-10_Blanca_CO_81123_M90319-30673 7; https://www.realtor.com/realestateandhomes-detail/7-Sixth-St_Blanca_CO_81123_M91246-07855 1; https://www.realtor.com/realestateandhomes-detail/Estrella-Rd-Lot-11_Blanca_CO_81123_M93297-21676 4).

c) After the vote, the Project Team will offramp fiat for the purchase, closing costs, and 10 years of approximate insurance and taxes, along with a budget provision for 10% of the purchase price to be used for other operating expenses (to be held in an interest-bearing account with the intent of finding ways to pay such expenses in crypto and potentially automate such processes)

d) The Project Team will consummate the transaction using an appropriate legal mechanism, like a wholly-owned special purpose vehicle (“SPV”) incorporated and designed to handle the liabilities and related issues of purchase and subsequent operation. CityDAO will fund the SPV’s treasury with the funds needed to consummate the transaction.

e) Once acquired, the Project Team would commence meetings with the Community to build momentum for how to use the Property in the short run. The intended short term goal will be to use NFTs and/or a token-land standard to transfer as many property rights to holders as possible without creating legal risk or running afoul of the law of course. We intend to prove-out concepts using an MVP model that will be instrumental to execution on the larger vision with the Big Parcel.

APPROVE
1 vote
2 years ago

CIP 66: The Big Parcel

PROPOSAL OVERVIEW: With a “Parcel 1” proposal already up on the CityDAO Forum, we propose a concurrent “Parcel 2” project, hereinafter referred to as “The Big Parcel”. This is a proposal for CityDAO to start looking for a large parcel of land, hundreds of acres in size, in America, which could be used for various city building purposes. The purpose of this proposal is to gauge community interest before we spend time searching for and analyzing alternatives. This proposal is NOT a business plan, a feasibility report or a full explanation of a sustainable path forward nor is it a balance of costs and revenues, legal issues or actual use.

CityDAO is a groundbreaking web3 project that seeks to create a city of the future. To realize this, CityDAO incorporated as an LLC, built a vibrant community of thousands of participants, and purchased Parcel 0. CityDAO then elected a council to create the City Charter. A guild structure was developed with eleven different teams, including finance, real estate, design, development, operations and education, all for the unified purpose of building a city. We are now ready for phase two of CityDAO - acquiring more parcels to scale our capabilities on all fronts, from revenue generation to experiments and more.

Many Citizens view the future of CityDAO as a “network city,” a network of physical locations around the world owned and managed by our DAO. Within the context of this vision, The Big Parcel is intended to be the primary physical headquarters of the DAO, where large numbers of people can gather, work, and live. The Big Parcel must be a large piece of land, or a partnership with an existing city, that has structures currently ready for use. It must also be able to accommodate a much wider range of experimental initiatives than Parcel 1, including but not limited to:

Co-living Co-working Retreats City Building Public Goods management and incentive structures Experimental ownership and governance schemes (i.e. Harberger Taxes/SALSA, QF, QV) Construction and Development Fractionalization / Tokenization Affordable Housing Location for development / use of software integrations such as NFT keys to physical doors and gates, blockchain-based property mgmt, etc.

THE REQUIRED ELEMENTS OF THE BIG PARCEL ARE: Multiple existing structures that can be utilized immediately Lots of acreage, ideally 500+ Reasonable proximity to an airport Ideologically aligned municipality / existing community

THE PREFERRED ELEMENTS OF THE BIG PARCEL ARE: Land that can easily be subdivided and / or there are processes in place on the local level that make it possible if you go through the motions Flexible zoning Existing legal precedent / statutory authority for creating / incorporating a true city

PROJECT TEAM: The initial Big Parcel Team will be led by Gugz and David. Other team members and guilds will be brought on as needed. Bounties may be offered to citizens for assistance where needed.

GUILDS INVOLVED: Planning & Operations, Legal, Real Estate, Finance, Design, Research, Public Affairs

RESOURCES NEEDED: N/A

BUDGET FOR PROJECT PROPOSAL: The discretionary budget for this proposal is $10,000, to be used only where needed for bounties or expenses. None of this money will go to either Gugz or David.

BUDGET FOR THE PROJECT: TBD based on parcel chosen

FUNDING RELEASE: N/A

PROJECTED TIMELINE: The expected timeline to find The Big Parcel will be by the end of Q3 (end of August). This timeline may need to be adjusted as this is based on the availability of suitable parcels and potential unforeseen delays in government agencies replying to our inquiries.

Weeks 1-3: Search for and find 3-10 suitable parcels that meet the “Required Elements” listed above. At least one of these should be in Wyoming. This will be done through online searches and real estate agents. Other citizens may be bountied to help with this task, so long as this is done immediately. During this time, the “Big Parcel Funding Team” will be established.

Weeks 3-6: Each of these parcels shall receive a feasibility report, covering the legal, financial and public affairs assessments. Other guilds and facilitators will be tasked to help with relevant studies, such as notes on legal and financial feasibility.

Weeks 6-9: These feasibility reports will be expanded into business plans.

Weeks 9-12: The reports will be published to the community in a CIP for a one week discussion regarding preferences on parcels. It will be put to a Snapshot vote that the Big Parcel Team has the authority to make offers on the top 3 parcels. Offers will be made for the top 3 parcels. The offer that is accepted becomes the Big Parcel for CityDAO, our capital city.

ADDITIONAL INFORMATION Big Parcel Funding Team: A Big Parcel Funding Team will be created, which may include citizens from Grants, Legal and other guilds to explore how CityDAO would raise funding via possible requests for donations, NFT fractionalization, sales to accredited investors, VC involvement or other possible mechanisms. An investor deck will be created and a report prepared for each investment method.

Team Compensation: Team compensation will be addressed at a later date, subject to another CIP, when the project is farther along and/or complete.

Approve
3 votes
2 years ago

CIP-48: CityDAO Conversion to partial Quadratic Voting ("QV")

Citizens,

It is proposed that we switch from the current One-Token One-Vote system to a version of Quadratic Voting (also known as "QV" or "Plural Voting").

In the proposed version of QV, the number of votes a Citizen has would be equal to the square root of their Citizen token holdings. For example, a Citizen with 9 tokens has 3 votes; under the current system she has 9. Holdings that do not cleanly root get rounded down – 6 becomes 2 rather than 2.449.

This change is proposed because, in recent Snapshots, there have been many people who hold multiple citizen NFTs having a large impact on voting outcomes. It is acknowledged that this is not a perfect solution – someone could transfer Citizen tokens to another wallet that they control.

The Engineering Guild has commissioned a custom, open source CityDAO QV Snapshot Strategy which was reviewed by Snapshot's engineering team and merged into their codebase here. It has also been successfully tested by Scott and myself (Will Holley).

Our version of QV is considered partial because it does not use the full specification of QV authored by Vitalik and RadicalxChange's Glen Weyl. In full QV, each Citizen token is given multiple "voting credits" which can be spread out across multiple options and finally then counted by the square root. A full example can be found here.

The proposers believe that the switch from One-Token One-Vote will be shocking for some people and that we should first transition successfully to partial before transitioning to full QV; therefore CityDAO's custom QV strategy is future-compatible to enable full Quadratic Voting when we're ready.

Switch to QV
3 votes
2 years ago

CIP 57: Treasury Management Authority

Citizens,

CityDAO must ensure treasury funds are utilized to fund day to day operations, pay taxes, reduce portfolio risk, and secure the financial longevity of CityDAO.

This proposal aims to give Treasury Management Authority of the Main Treasury Gnosis Safe [0x60e7343205C9C88788a22C40030d35f9370d302D] to the Finance Guild and specifically a Treasury Team within the guidelines presented here: https://forum.citydao.io/t/cip-57-treasury-management-authority/1342

These narrow guidelines for what can and can't be requested from the Main Treasury signers provide the flexibility to make decisions in the best interest of the DAO in a timely manner.

APPROVE
3 votes
2 years ago

CIP-56: Amendments to the Bundled Guild CIP and Charter

Hello Citizens!

We encourage everyone to vote on these important modifications to the Bundled Guild CIP and the CityDAO Charter. As the guilds have now been running for just over one month, these changes are meant to streamline, clarify and improve certain elements of governance.

All the relevant details can be found in the proposal at: https://forum.citydao.io/t/cip-56-amendments-to-the-bundled-guild-cip-and-charter/1343

Approve
3 votes
2 years ago

© 2024 CityDAO

Powered by

NodeBlocks

Incubated by

CityDAO