Hello everybody, this is @crypto_notte writing, I am a farmer and trader from the metaverse.
We are currently building metaCOLLECTIVE - an investment DAO - and we would like to bring it to the attention of the bitDAO community with the idea of being backed by bitDAO. This could be done in the form of a token swap. We would like to discuss with the community and in the future open a proposal.
We see this as an interesting deal for bitDAO as it fulfills multiple objectives of bitDAO, in particular:
- we envision a multi-chain future and we are deploying capital in the Solana ecosystem, this will be a great opportunity for bitDAO to showcase the potential of blockchain bridges and back an ecosystem DAO on a different chain.
- we believe DAOs are the structure of the future so we want to make available to everybody the tools we used to build the DAO and facilitate the process for other users.
For the people
- we looked at several DAOs and found problems with active participation and ticket. We are solving this by using a dual token structure to clearly split assets and governance and by operating at a smaller scale, this effectively allows more users to participate.
- we are stretching the concept of investment management by using the wisdom of the members and our participation in other DAO to carry out decisions. Members of the metaCOLLECTIVE will have visibility to bitDAO too.
- metaCOLLECTIVE can be considered a sub-DAO focused on yield-farming and DeFi on the Solana-ecosystem. We foresee that it can be used to nurture and identify talents that can later take on full-time roles in our DAO or with affiliated projects. We will also publish research and education content about all the protocols/projects we engage with.
With this thread we would like to start a discussion about a future proposal and gather feedback from members, in particular we are currently raising a 5M round and would like to submit a proposal for bitDAO to invest 2M USDC in metaCOLLECTIVE DAO.
Some links with more info about our project and vision:
Happy to answer any question.