# CIC Aragon Hackathon ![](https://c.gitcoin.co/grants/26310b037a7ceaa6f71a82dcf9a195e6/Grassroots-Economics-logo-only-lg-stacked.png =100x100) ![](https://assets.website-files.com/5bc76425b0cfa68d6b096fa7/5bdcffd10f09627bc0c15103_b4h%20vector.svg =100x100) --- ![](https://i.imgur.com/9gbTUXp.png) --- ## Community Commitments - Documenting & Signing / Minting & Distributing CICs The scope of this prototype is limited to the Community Hatching phase of a CIC throug an interaction with an Aragon Request app governed by a Community Council (e.g. Chamas and Elders). --- The app consits in making a user to pass throught two different User Stories. 1. Committ Goods & Services to be traded under CICs. 2. Submit commitments and a 25% Collateral for CIC minting (Aragon Token Request). --- ![](https://i.imgur.com/3l1yJDZ.png) --- ## Hatching through an Aragon DAO There where `Commitments = C`, and Collateral is a stake in `DAI`, there shall: 1. A `token request` where the user ask and ammount of CICs where `CIC = C/2` and the Offered ammount will be `DAI = C/4` 2. A minting request of another `CIC = C/2` to be addressed to a Community fund for a social Distribution. --- ### CIC DAO Prototype - [Kick-Off idea](https://hackmd.io/XTC-2hvIQxq_trmgBWU1kw) - [Prototype Description & Specifications](https://hackmd.io/@cZ5K_ThTTxyuSwxcbu-gvg/rJx_ILglP) - [Github Codebase](https://github.com/bvanderlugt/cic-aragon-hackathon) - [Demo]() --- ## Backlog Requirements (1/2) CICs require the following features for future iterations. - Aragon Agent automation for Community Projects Funds Generation - CIC isuance governance over a reputation token distribution (instead over the CIC itself as it is) - OpenLaw Integration for legal enforcement on commitments. --- ## Backlog Requirements (2/2) - Hacking Redemption App for redeeming CICs by collateral against a Bancor Bonding Curve. - Activate (after hatching phase ends) minting through the Bancor Bonding Curve --- ![](https://i.imgur.com/DMtroMn.png) ![](https://wiki.aragon.org/design/artwork/Powered_By/PNG/Powered_By_Blue.png =150x) ## Thanks!
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