JMC DAO Whitepaper
  • JMC DAO PROJECT SUMMARY
  • PROBLEM STATEMENT
    • New ways for organizing investment funds on blockchain
    • The main common problems of modern "early" DAOs and JMC solutions
    • Stakeholders — who need DAOs?
  • COMPETITION
    • The DAO model / framework
    • DAO setup wizard
  • THE JMC DAO MODEL
    • Operating Sheme
    • Basic Version
    • JMC DAO Member Roles
      • DAO Participants / Token Holders
      • Panel of Experts
      • Council of Protectors
      • Manager
      • Project Manager
      • Agent
    • DAO Treasury
    • DAO Tokens
    • Voting Mechanism
      • Voting on Proposals
        • 1. List of Proposals
        • 2. Voting Queue
        • 3. DAO Voting Type I
        • 4. "RageQuit" Timeout
        • 5. Execution
      • Voting on Investment Projects
        • 1. Experts & Protectors Vote
        • 2. Voting Queue
        • 3. DAO Voting type II
        • 4. "RageQuit" timeout
        • 5. Execution
  • THE "DAO SETUP WIZARD" PLATFORM
    • WALLETS AND TRANSACTIONS
    • DAO SETTINGS AND PLANNED FUNCTIONALITY
      • 1. DAO tokens
      • 2. DAO Token Holders, Experts, Protectors, Manager, Agents
      • 3. DAO Treasury
      • 4. Classes of Standard Proposals
      • 5. Proposals
      • 6. Investment Projects
      • 7. DAO Voting
      • 8. DAO Design
  • THE DAO LEGAL WRAPPER
  • MONETIZATION
    • "Freemium"
    • $10B Growing Market
  • THE PRO TEAM OF 4 CEOs
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  1. THE JMC DAO MODEL
  2. Voting Mechanism
  3. Voting on Investment Projects

3. DAO Voting type II

All members of the DAO, including Experts, Protectors and Manager can vote on the Investment project by voting with their own GT (1 GT = 1 vote).

An Investment Project is considered to be DISAPPROVED by the DAO if:

· The "Against" votes are greater than the "block threshold" (2% (V) of the total number of GT tokens)

AND

· There are more "Against" votes than "For" votes.

Otherwise, it is considered that the DAO approved the Investment Project and the funding can begin.

The DAO Voting Type II period for each Investment Project is T2=72 hours. An investment project, which was not approved, can be re-submitted for voting after a certain period of time T4=90 days.

Previous2. Voting QueueNext4. "RageQuit" timeout

Last updated 2 years ago