Quote from: othell_rogue on Today at 07:26:59 AM

Quote from: gumshed on June 29, 2020, 08:46:39 PM

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.

Sounds pretty awesome, I like the idea, further more because the MVT tokens were distributed "evenly" in the beginning. Now I need to remember where I have those tokens stored. Also let me know how can I help if I am not a developer.

If you'd like to help, exposure is a large problem. A person doesn't have to be a developer to make a difference. Use your personal toolkit and think about how you can add value to the whole.

This was sent to me but if you or anyone would like to pick this up, I will send 250 MVT to whoever gets it done.

for details what it is: https://kleros.io/en/curated-list
here to submit: https://tokens.kleros.io/tokens
rules to get approval: https://ipfs.kleros.io/ipfs/QmbqgkZoGu7jJ8nTqee4NypEhK7YVBEJJmPJbJxz8Bx8nY/t2cr-primary-doc.pdf

But really, add your own "flavor" into how to want to participate/contribute.

Sometimes, people want to contribute but they don't have time. I get that too. I'm a dad. 3 kids. Busy all the time. If helping financially is more your thing, make a contribution on the Gitcoin Grant at https://gitcoin.co/grants/862/the-movement-dao.

Or, we're looking to raise 1000 DAI to fund the following design/deployment work by the Raid Guild. I'd like to give the community a solid foundation to grow on. Their proposal can be found below. Any donations can be sent to the following ETH Address.

0x4a2F223828DC1300184E7295e012D81799EFA919

Proposal

Design Goals

The MovementDAO will allow MVT token holders to collectively receive, manage, and allocate tokens.

All current MVT token holders will receive the same amount of tokens in the DAO. We will then depreciate the old MVT token contract. The new MovementDAO and its tokens will then be the source of truth for the MovementDAO community.

MVT token holders will be able to propose and pass votes for signaling, capital management, and contract interactions. This includes minting/burning new tokens as well as interacting with, deploying, and controlling external contracts.

Initially, MVT token holders will want to be able to issue rewards to people who contribute to the project. There are many ways this might be accomplished and research will be required to determine the best fit. Some initial directions to explore include, but are not limited to:

Allocating MVT tokens for new contributors from an MVT commons-pool.

Creating and managing a Colony so that the MovementDAO can determine high-level initiatives and budgets, then let a group of contributors manage that budget to achieve a goal.

Using a mechanism such as the Rewards app to issue dividends to token holders.

The distribution of rewards to token holders may or may not create legal risk. As such we will receive a written opinion on the DAO design from legal experts before proceeding with the launch. This is just an opinion (not legal advice!). It can, however, help us avoid using mechanisms that have a high likelihood of creating problems down the road.