---
# System prepended metadata

title: '"Transmutation Initiation Event" Notes'
tags: [' Notes', Rangers]

---

---
tags: Rangers, Notes
---

# "Transmutation Initiation Event" Notes

Offering 
- legal, security ramifications

Opportunity
- Possible same as above
- Seems ok @billw

Transmutation
- too esoteric,

DAO Bootstrap Protocol

Initial Membership Opportunity (IMO)

Community Token Initialization

Community Garden
Plan the garden
Invite gardeners
Plant the garden
Sow the seeds
Harvest crops, yields

Transmutation => Germination
Metamorphosis 

Timeline of events/processes
- "IDO" Initialization
- Community Contribution Window R1 = IDO R1 Bootstrap/Seed
- Community/Product Development = Transmutation
- Community Contribution Window R2 / Series A
- ...
- Self Sustaining Product/Community/Token Economy


The event is the community's decision to intentionally open their community for external contributions.

Transmutation is the process

Seed

Bootstrap

Transmutation Initialization

Massively Multiplayer

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DAO with shares
open up loot with transmutation

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## Transmutation

When your money gets spent by the community, a proportionate amount of community tokens are sent back to the community bank, representing a token of your contribution.

## Ragequit

Because it's a Moloch DAO, you can ragequit at anytime which burns your loot, and returns your proportionate share of the community bank, including any remaining funds not spent from your original contribution as well as any community tokens that have been transmuted. 


## Community Benefits

By using transmutation with a Moloch DAO, you greatly lower the coordination cost of contributors. 