# DAOsquare

Venture DAO

RICE token

### Stakeholders

Investors (Loot)
- can deposit
- can ragequit
- cannot voting, can only see the result
- on ragequit you get your uninvested funds back, but keep claimable tokens from invested funds
- basically can be treated as limited partners

General Partners (Shares)
- can be voted in by other GP
- only granted by dao votes
- can vote for projects
- voting power calculated by balance
- gp token acquisition factor

DAOsquare members - like associates / principals at a VC fund (Shares)
- can edit deal terms
- can submit proposals (may need to auto vote yes on submission)
--

Project
- hatching/incubated (successful)
- can apply for funds

### Views

Featured
- hidden, to view project by becoming a partner

Investor view
- details of each project
- funding round info

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### questions
- what is the difference between GPs and DAOsquare members? (i think probably just share weight? like members have small amount for signaling, submitting)
- need to hide project details from everybody but GPs (??)
-

## unique bits / unknowns
- gp token acquisition factor ($RICE)
- hidden proposals
- claim tokens
- $rice

Claim tokens
- vintage model
- raise/deploy funds in batches

Buy out -
could be complicated
amount of shares and time in dao
combo with claims?

sub daos?
could a sub dao be a claim stategy
vintage 2021

**RICE**
Members can earn RICE by sourcing projects that the dao then invests in?

successful project =
- cco dao spun up
- cco is successfully funded
- proposer can get free share(s) in the cco?

DAOsquare investments
- may invest before cco
- members may invest in ccos

1st stage
- DAO offer
- CCO
- Venture DAO

**Flow**
--
Investor A funds 10M in daosquare for 10M shares
Fund 3M to a project
Bank at 7M still 10M shares: share price = 0.7
Investors B funds 1M for 1M square =


## Mtg w/ DAOsq on 4/20

* Thinking about raising / incubation platform that uses the CCO UI for raise into particular project.
* Might need to filter for DAOsq CCOs
* Seem good with vintage model, and also know that would create a new mini DAO for each subsequent investment in a project for ease of accounting.
* Each different investment will have it's own whitelist based on the project -- likely DAOsq members will be whitelisted for all projects.
* Sign in w/ web3 and integrate 3box
* Signed in user sees details / not signed-in no details.
* Want to stick with the current style and want deployed on their own domain.
* Have one project set for early may, maybe 2 others
* Generally $5K limit per investor / projects likely in $250-$500K range

Next Step:

* Need to price for custom front-end list of DAOsq CCOs + tagging them in our database.
* Timeline is May 10

MVP TODOs:

- database tag for CCOs / sort CCOs on backend
- feed to a list of CCOs (daosquare dashboard)
- DAO cards on feed show raise status
- Setup / tracking bots + whitelist for each DAO
- polished cco DAO view
- cancel in-view
- user profile? (list of ccos they've participated in?)