40 lines
No EOL
2.2 KiB
Markdown
40 lines
No EOL
2.2 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Enter Services Agreement with Organization Technology LLC?"
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domain: internet-finance
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status: passed
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "Nallok, Proph3t"
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proposal_url: "https://www.futard.io/proposal/53EDms4zPkp4khbwBT3eXWhMALiMwssg7f5zckq22tH5"
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proposal_date: 2024-08-31
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resolution_date: 2024-09-03
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category: "treasury"
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summary: "Approve services agreement with Organization Technology LLC to facilitate contributor payments with $1.378M annualized burn"
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tracked_by: rio
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created: 2026-03-11
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---
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# MetaDAO: Enter Services Agreement with Organization Technology LLC?
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## Summary
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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.
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## Market Data
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- **Outcome:** Passed
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- **Proposer:** Nallok, Proph3t
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- **Proposal Number:** 6
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- **Completed:** 2024-09-03
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## Significance
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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.
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## Relationship to KB
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- [[metadao]] — treasury and operational governance decision
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- [[organization-technology-llc]] — entity created through this proposal
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- 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]] |