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| type | entity_type | name | status | founded | domain | parent_org |
|---|---|---|---|---|---|---|
| entity | company | Organization Technology LLC | active | 2024-08 | internet-finance | MetaDAO LLC |
Organization Technology LLC
US services entity created by MetaDAO to handle contributor payments and operational expenses.
Structure
- Does not own intellectual property (all IP owned by MetaDAO LLC)
- Responsible for costs of services and development
- No authority to encumber MetaDAO LLC
- Can be canceled by MetaDAO with 30-day notice or immediately for material breach
Operations
- Expected annualized burn: $1.378M
- Handles payroll for MetaDAO contributors
- Manages administrative expenses
- Receives monthly disbursements from MetaDAO LLC treasury
Governance
- Significant material expenses require MetaDAO governance approval
- Services agreement executed via memo instruction on MetaDAO proposal
- First disbursement: September 1, 2024
Timeline
- 2024-08-31 — metadao-services-agreement-org-tech Passed: Services agreement approved, $1.378M annual burn authorized