--- 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 Organization Technology LLC to facilitate contributor payments 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 between MetaDAO LLC and Organization Technology LLC, a newly created US entity designed to serve as a payment vehicle for MetaDAO contributors. The agreement specifies that all intellectual property remains owned by MetaDAO LLC, establishes an annualized burn rate of $1.378M, and includes provisions for 30-day cancellation notice or immediate termination for material breach. First disbursement was scheduled for September 1st, 2024 or upon passage, whichever came later. ## Market Data - **Outcome:** Passed - **Proposer:** Nallok, Proph3t - **Proposal Number:** 6 - **Completed:** 2024-09-03 ## Significance This represents MetaDAO's operational infrastructure maturation following its strategic partnership (Proposal 19). The proposal demonstrates futarchy governance applied to treasury operations and legal entity management. The use of a memo instruction as legally binding countersignature (per MetaDAO LLC's operating agreement) shows how on-chain governance can create enforceable legal commitments. The explicit IP ownership clause and cost responsibility limitations show careful legal structuring to maintain DAO control while enabling compliant contributor payments. ## Relationship to KB - [[metadao]] — treasury and operational governance decision - [[organization-technology-llc]] — entity created through this proposal - Related to [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]]