Post
Topic
Board Announcements (Altcoins)
Re: The Movement DAO | Fully Decentralized Organization | Borderless Collaboration
by
gumshed
on 30/06/2020, 18:01:53 UTC
Hello Community,

To the point above, yes there isn't a lot of activity here, but that really means nothing. There has been quite a bit going on.

Gitcoin Grants - Looking to raise development funds and attract more interested parties. All funds will be used to fund future bounties. https://gitcoin.co/grants/862/the-movement-dao

Discord - New Discord channel. Come say hi!  https://discord.gg/cVTSnSz

Telegram - Still active. https://t.me/TheMovementDAO

Movement DAO Site - The front-facing site is live, All are welcome to submit changes via GitHub. Nothing is set in stone. Let your creative flag fly! https://movementdao.io/  https://github.com/gumshed/movementdao.io

Forum - Conversation and direction topics https://talk.mvt.io/

MVT ETH Contract - Proposal to update MVT ERC20 Token. This would be the base level binder that holds Movement value. All "revenue" from the ecosystem will filter though to Bag holders. The contract allows all to benefit from value generation.  Functions will be tied to voting in Aragon through the Minime contract. That way the community will control the token. I need some help finishing and am paying ETH.  

So in summation, we are continuing to add value and grow the community. Jump in. Pick it up. Run.

All are welcome!

Nice approach. I like the idea of having some future bounties and spread awareness about The Movement. Joined the Discord channel. AS for the MVT ETH contract, I didn't understand  what you are trying to do, can you explain more? Thanks!



Thank you.

Essentially it uses the ERC223 standard to store ETH per the MVT Token. "Revenue" will feed into the contract and be distributed to all holders, according to "bag size".   Actually all tokens evenly but you get the idea.  

These functions will be built out into a community-managed function, callable on Aragon. Future Dapp fees, exchange fees, or revenue produced will be managed by the DAO. These funds will be distributed through the smart contract to the Movement Members.

The MVT Bounty Bags put aside, in the beginning, will create ETH to fund community initiatives. These funds will be voted on by members.

Big runway.

Adding and creating value.

General Idea