extract: 2024-08-31-futardio-proposal-enter-services-agreement-with-organization-technology-llc

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---
type: entity
entity_type: decision_market
name: "MetaDAO: Enter Services Agreement with Organization Technology LLC?"
domain: internet-finance
status: passed
parent_entity: "[[metadao]]"
platform: "futardio"
proposer: "Nallok, Proph3t"
proposal_url: "https://www.futard.io/proposal/53EDms4zPkp4khbwBT3eXWhMALiMwssg7f5zckq22tH5"
proposal_date: 2024-08-31
resolution_date: 2024-09-03
category: "treasury"
summary: "Approve services agreement with US entity for paying MetaDAO contributors with $1.378M annualized burn"
tracked_by: rio
created: 2026-03-11
---
# MetaDAO: Enter Services Agreement with Organization Technology LLC?
## Summary
This proposal established a services agreement with Organization Technology LLC, a US entity created as a payment vehicle for MetaDAO contributors. The agreement ensures all intellectual property remains owned by MetaDAO LLC while the entity handles contributor compensation. The proposal passed with an expected annualized burn of $1.378M.
## Market Data
- **Outcome:** Passed
- **Proposer:** Nallok, Proph3t
- **Proposal Number:** 6
- **Created:** 2024-08-31
- **Completed:** 2024-09-03
## Key Terms
- Organization Technology LLC owns no intellectual property
- Entity cannot encumber MetaDAO LLC
- Agreement cancellable with 30-day notice or immediately for material breach
- First disbursement scheduled for September 1, 2024 or passage date (whichever later)
- Material expenses or contract changes require governance approval
## Significance
This proposal represents MetaDAO's operational maturation following its strategic partnership (Proposal 19). By creating a US legal entity for contributor payments while maintaining IP ownership in MetaDAO LLC, the structure attempts to balance operational needs with decentralized governance. The $1.378M annualized burn establishes MetaDAO's operational scale and commitment to sustained development.
## Relationship to KB
- [[metadao]] — treasury and operational decision
- [[organization-technology-llc]] — entity created through this proposal
- Part of post-Proposal 19 strategic partnership implementation

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@ -58,6 +58,8 @@ The futarchy governance protocol on Solana. Implements decision markets through
- **2024-03-02** — [[metadao-increase-meta-liquidity-dutch-auction]] passed: completed Dutch auction and liquidity provision, moving all protocol-owned liquidity to Meteora 1% fee pool
- **2025-01-27** — [[metadao-otc-trade-theia-2]] proposed: Theia offers $500K for 370.370 META at 14% premium with 12-month vesting
- **2025-01-30** — [[metadao-otc-trade-theia-2]] passed: Theia acquires 370.370 META tokens for $500,000 USDC
- **2024-08-31** — [[metadao-services-agreement-organization-technology]] proposed: Services agreement with Organization Technology LLC for contributor payments ($1.378M annualized burn)
- **2024-09-03** — [[metadao-services-agreement-organization-technology]] passed: Approved services agreement with Organization Technology LLC
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|

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---
type: entity
entity_type: company
name: "Organization Technology LLC"
domain: internet-finance
status: active
tracked_by: rio
created: 2026-03-11
---
# Organization Technology LLC
## Overview
Organization Technology LLC is a US entity created as a payment vehicle for MetaDAO contributors. The entity does not own intellectual property (all IP remains with MetaDAO LLC) and operates under a services agreement approved through futarchy governance. The agreement establishes an annualized burn rate of $1.378M for MetaDAO operations.
## Timeline
- **2024-08-31** — Services agreement proposed to MetaDAO through futarchy governance
- **2024-09-03** — Services agreement approved by MetaDAO (Proposal 6)
- **2024-09-01** — First disbursement from MetaDAO LLC scheduled (or when passed, whichever later)
## Relationship to KB
- [[metadao]] — payment vehicle for contributor compensation
- Part of MetaDAO's operational infrastructure following strategic partnership (Proposal 19)

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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/53EDms4zPkp4khbwBT3eXWhMALiMwssg7f5zckq22tH
date: 2024-08-31
domain: internet-finance
format: data
status: unprocessed
status: processed
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Governance proposal establishing operational infrastructure. No novel claims about futarchy mechanisms or governance dynamics—this is a standard treasury/operations decision. Entity data extracted for MetaDAO timeline and new Organization Technology LLC entity. The proposal follows MetaDAO's strategic partnership (Proposal 19) and represents operational maturation rather than mechanism innovation."
---
## Proposal Details
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- Autocrat version: 0.3
- Completed: 2024-09-03
- Ended: 2024-09-03
## Key Facts
- MetaDAO Proposal 6 approved services agreement with Organization Technology LLC (2024-09-03)
- Organization Technology LLC annualized burn: $1.378M
- Agreement includes 30-day cancellation notice or immediate termination for material breach
- All intellectual property remains owned by MetaDAO LLC, not the services entity