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    # Foodnouns DAO to DUNA ### Decentralized Unincorporated Nonprofit Association (DUNA) ## Index 1. [Introduction](#introduction) 2. [Name & Purpose](#name--purpose) 3. [Membership](#membership) - [1. Qualifications for Membership](#1-qualifications-for-membership) - [2. Rights and Responsibilities](#2-rights-and-responsibilities) - [3. Onboarding Process](#3-onboarding-process) - [4. Membership Changes](#4-membership-changes) - [5. Suspension and Expulsion](#5-suspension-and-expulsion) 4. [Governing Principles](#governing-principles) 5. [Property and Profit Use](#property-and-profit-use) 6. [Liability and Indemnification](#liability-and-indemnification) 7. [Dissolution and Winding Up](#dissolution-and-winding-up) --- ## Introduction Foodnouns DAO aims to transition into a Decentralized Unincorporated Nonprofit Association (DUNA) under Wyoming law. This document sets forth the framework for governance, membership, and operational processes. --- ## Name & Purpose - **Name**: Foodnouns DAO - **Purpose**: To promote sustainable food systems, educate communities on decentralized governance, and support collaborative, decentralized food initiatives. --- ## Membership ### 1. Qualifications for Membership - **Token Ownership**: Membership is granted to individuals who hold specified governance tokens or NFTs issued by Foodnouns DAO. - Current Membership is represented via ownership of Tokens from contract - Contract Address: `0xF5331380e1d19757388A6E6198BF3BDc93D8b07a` - 132 Current Holders ### 2. Rights and Responsibilities - **Voting Rights**: Each member holds voting rights proportional to the number of governance tokens held. - **Participation**: Members are expected to actively participate in governance, including voting on proposals, contributing to discussions, and engaging in DAO operations. - **Responsibilities**: All members must act in alignment with the DAO’s mission, abide by its governing principles, and maintain active participation. ### 3. Onboarding Process - **Application**: Potential members may join by acquiring governance tokens, contributing to the DAO, or through an attestation-based application process. - **Approval Mechanism**: Membership approval is managed either through a decentralized voting process by current members or via smart contracts that validate the membership criteria. ### 4. Membership Changes - **Transfer of Membership**: Membership may be transferred by selling or gifting governance tokens. - **Resignation**: Members may resign at any time by transferring their tokens via sale or gift, thereby forfeiting their rights, as per the DAO’s governing principles. - **Removal**: Members violating the DAO’s rules may be subject to removal from specific elements of the DUNA community like DUNA-run communication platforms. Members' tokens will not and cannot be removed through administrative or on-chain actions. On-chain voting power will not and cannot be controlled by the DUNA. --- ## Governing Principles - **Decision-Making Process**: Decisions will be made via decentralized voting, either through blockchain-based smart contracts or via a platform like Snapshot. Members will propose changes, and votes will be cast based on token holdings. - **Administrator Roles**: The DAO may elect or appoint administrators to manage day-to-day operations. Administrators are accountable to the membership and can be removed via a vote. --- ## Property and Profit Use - **Real and Digital Property**: Foodnouns DAO may acquire, hold, and transfer both digital assets (like NFTs) and physical assets. All property is held in the DAO’s name. - **Profit Allocation**: Any income generated by the DAO must be reinvested into the DAO’s mission. No dividends will be distributed to members, but reasonable expenses may be reimbursed. --- ## Liability and Indemnification - **Liability**: Members and administrators are not personally liable for the debts or obligations of the DAO. - **Indemnification**: The DAO may indemnify members or administrators against any claims arising from activities conducted on behalf of the DAO, provided they acted in good faith. --- ## Dissolution and Winding Up - **Dissolution Conditions**: The DAO may be dissolved through a membership vote or if it fails to maintain the minimum required number of members. - **Winding Up Process**: Upon dissolution, the DAO’s assets will be used to pay off debts and obligations, and any remaining assets will be distributed to a similar nonprofit or as specified in the DAO’s governing principles. --- ## Conclusion This document provides the foundational governance structure for Foodnouns DAO as it transitions into a DUNA, aligning with Wyoming’s decentralized nonprofit regulations.

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