---
# System prepended metadata

title: CULT DAO
tags: [opportunities, cult-dao]

---

# CULT DAO

###### tags: `opportunities` `cult-dao`

https://cultdao.io/

## Contact

Wastelander

## Call Log

### Call with Mr. Cultmander and Wastelander on March 21, 2023

- Existing contracts
- Snapshop
- Trying to address reputation with [rep3](https://rep3.gg/)
- DAO ideas have not gotten a lot of traction
- Members are not aware of the need
- Discussion around needs is difficult
- Playing on emotions
- Process of talking about things can be co-opted
- One person paints narrative that undermines coherence in the community
- Guardian narrative on Twitter
- Information asymmetry
- Current governance
    - Token: $CULT
    - Staking: $dCULT
    - Proposals
- Guardians cannot vote
- Prevented with treasury smart contract
- Social codes of conduct
- The Many cannot create proposals
- Proposal process is automated
- 13 $ETH worth of $CULT sent to address in proposal
- This is where the automation ends
- Taking profits from projects is manual
- CULT and RVLT overlap but are separate communities
- Focus on CULT side
- Ideal
    - Block governance attacks where guardians are pushing proposals through
    - Upgrading and downgrading voting power (benevolent v. adversarial)
    - Crtieria should be sybil resistant
    - Function of democratic vote
- Contributions are not tracked
- Talking about operations
- Treasury grows through CULT transactions
- Build sub treasuries
    - Operations
    - Marketing
- No specific milestones
- Would like to address vulnerabilities before significant growth
- Come to consensus as a DAO
- May not be able to state $dCULT if it is non-transferrable
- Education of why this is important
- Getting funding may take a long time
- Voters want to see the ROI
- Assume The Many are at a beginner level
