GIP: GIP-07 Title: Community Treasury Vision and Request Author: Gustavo Segovia Status: Stage II / pre-proposal Track: Proclamation Created: 2022-07-08
Disclaimer: this Proclamation GIP aims to open a conversation with the core team and its sponsor eToro, for agreeing on a sum of money to be donated to the GoodDAO so it can start its operation properly and empower our Community to grow and spread the word of GoodDollar currency around the world,
The GoodDAO is the organizational entity created to govern GoodDollar, a community-driven, market-incentivized and sustainable-by-design universal basic income (UBI) protocol.
GoodDollar draws upon the tools available within decentralized finance (DeFi) to enable anyone, anywhere equipped with a smartphone and an Internet connection to claim, learn about and use digital currency at zero cost and zero risk. GoodDollar’s overarching goal is to bring hundreds of millions of individuals unbanked or underserved by traditional finance into the digital economy.
As we can only achieve this important goal in a decentralized fashion, we are seeking to equip the GoodDAO with sufficient resources to chart a course toward successful community collaboration, engagement and education. The GoodDAO will be focused on finding new and impactful ways to further economic inclusion for its 400,000+ global members as a worldwide public good.
As part of our decentralization journey, with this proclamation GIP, the GoodDAO is asking GoodDollar Limited (Private company limited by guarantee without share capital sponsored by eToro) to donate a sum of 100k USD worth of GoodDollar to the Community Treasury multisig so we can execute the mission of enabling an open digital economy oriented toward financial inclusion of our growing GoodDollar global community.
The first of our activities was to select a group of community members to assume responsibility for the moderation, leadership and maintenance of our social media and community communications channels. For more details about this initiative, please read the GIP-1 (GoodDAO Improvement Proposal), which won majority approval in mid-February.
2022 initiatives that will rest in the hands of the GoodDAO will focus on:
- Community moderation and UBI advocacy.
- Development and management of community infrastructure (web hosting, decentralized marketplaces, DAO frameworks and liquidity deployment).
- Cryptoeconomics R&D centered on DeFi and sustainable UBI ideas and proposals.
- Other proposals from the community.
Other activities that could be included in the scope if we are having the proper budgeting conditions
- Cryptocurrency & web3 education across the globe (Supported by Ambassadors Program).
- Ecosystem expansion (integration with different chains and protocols).
- Fund-raising campaigns for worthy causes.
All priorities will of course be determined by the GoodDAO (see GIP-0 for further info), depending on resources available in the Treasury and capabilities of the DAO itself.
The following budget breakdown should act as a major guideline that the community shall respect. Further rules on how to manage this budget shall be discussed in weekly or bi-weekly Community meetings.