# DAO / AI CEO

*Keywords
**account management, legal protection, taxable events, funding structure, dependency model, value flow, social incentive, mediation system, public good, legal framework, token launch, corporate structure, governance, compliance, marketing***

The discussion focused on creating a decentralized autonomous organization (DAO) to manage and distribute tokens within an ecosystem. Key points included the need for a 20-year token distribution plan based on utilization metrics, balancing for-profit and non-profit public goods, and the creation of a legal framework for token launches. The DAO would handle accounting and legal requirements, with tokens representing shares in the ecosystem. The conversation also addressed the tax implications of token transfers and the importance of maintaining separate legal entities for each project. The goal is to streamline legal and accounting processes, reduce costs, and ensure fair value distribution among ecosystem participants.

Action Items
- [ ] Determine the process for how projects (both for-profit and non-profit) can join the umbrella DAO network.
- [ ] Discuss and define the criteria for distinguishing between "public good" and "non-public good" entities, rather than a strict for-profit vs. non-profit categorization.
- [ ] Investigate ways to legally bind any new instances or replications of the umbrella DAO framework to provide value or become a member of the original network.
- [ ] Explore options for distributing the umbrella DAO tokens, such as having them be non-transferable governance rights assigned upon joining, or having a mechanism where for-profits contribute equity while non-profits can burn tokens to access the underlying treasury.

**Framework and Dependencies in Dao Governance**
- Speaker 1 discusses the concept of Sally books doing account management, which could be handled by a smart contract or a Postgres database.
- Emphasizes the importance of legal protection and the goal of minimizing taxable events by keeping tokens within a single account.
- Explains the deep funding structure and dependencies, mentioning Eliza and the D stack as examples.
- Highlights the variety of projects within the community, including for-profit and nonprofit, public and private, and the flow of value between them.

**Value Flow and Mediation in Dao Governance**
- Speaker 1 addresses the challenge of deciding value flow within the community, emphasizing the importance of social incentives.
- Proposes a mediation system that could be fully AI-driven, using inputs from a chat with Discord to resolve disputes.
- Suggests that the mediation mechanism itself should be a public good, benefiting the entire community.
- Emphasizes the need for a community-driven approach to building something that others can copy and adapt.

**Legal Framework and Token Distribution**
- Speaker 1 explains the concept of a mothership Dao with its own token, which could be used to fund the initial capital.
- Discusses the importance of having all the legal framework and tools needed for a Dao from day one, including compliance, tax management, and AI CEO tools.
- Speaker 2 asks about tokens in the treasury, and Speaker 3 explains the concept of earning Dao tokens and their use in incentivizing services.
- Speaker 3 provides an example of a corporate structure where a company like Savvy Books can provide services and earn tokens.

**Governance and Initial Capital**
- Speaker 4 inquires about the governance structure and initial capital for the core entity.
- Speaker 1 explains that governance could be based on one vote per token or a weighted vote system.
- Tina Z suggests using a group chat for questions and emphasizes the importance of human mediation in resolving conflicts.
- Discusses the need for raising a couple of million dollars to get the project going and the potential for finding this capital through private deals.

**Foundation and Project Requirements**
- Speaker 1 outlines the need for a foundation, which could be a Dao, a Swiss organization, or a combination of both.
- Identifies the need for governance, bookkeeping, compliance, marketing, and AI CEO tools.
- Emphasizes the importance of collective intelligence and marketing automation to reduce distractions.
- Discusses the need for dispute mediation and the ability to surface different work streams for coordination and orchestration.

**Funding and Treasury Management**
- Speaker 3 highlights the importance of treasury management and funding allocation.
- Tina Z mentions an upcoming session related to infrastructure and application architecture.
- Speaker 1 expresses the desire to automate as much of the process as possible using AI, smart contracts, and other tools.
- Emphasizes the goal of creating organizations that run themselves, allowing for more time to be spent on programming and other valuable tasks.

**Hackathon Goals and Contributions**
- Speaker 1 outlines the ideal outcome of the hackathon: solving collective problems around creating self-running organizations.
- Encourages participants to take on different pieces of the project and incentivize each other.
- Tina Z suggests taking daily pictures and stand-ups to track progress and contributions.
- Emphasizes the importance of collective contribution and accountability in the project.

**Future of Applications and Social Media**
- Tina Z initiates a brainstorming session on the future of applications and social media in three years.
- Participants share their thoughts on how humans will interact with social media and applications in the future.
- The session aims to gather insights and ideas for the future direction of application development and decentralization.
- Emphasizes the importance of leveraging automation and AI to reduce costs and improve efficiency in application development.

Resources shared: https://www.dwarkeshpatel.com/p/ai-firm