2.1 KiB
2.1 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | MetaDAO: Enter Services Agreement with Organization Technology LLC? | internet-finance | passed | metadao | futardio | Nallok, Proph3t | https://www.futard.io/proposal/53EDms4zPkp4khbwBT3eXWhMALiMwssg7f5zckq22tH5 | 2024-08-31 | 2024-09-03 | treasury | Approve services agreement with US entity for paying MetaDAO contributors with $1.378M annualized burn | rio | 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