The DAO

About DAOs

DAOs are organizations governed through the interaction of their members with smart contracts. This use of smart contacts allows for greater efficiency in decision-making by preserving mutually-agreed parameters that are mandated and then followed until such a time that code is changed by popular consent. Through the DAO, NotVC will assure a transparent voting system to their investors community.

DAO Proposals

Proposals are key for maintaining efficient communication between members and NotVC GP team over multiple ongoing definitions that the fund may need. The strength of a DAO depends on the proper articulation of all proposals.

Members Proposals

NotVC NFT holders (investors) will be able to submit multiple kinds of proposals. Any proposal would need to have a 50%+ quorum, and more than 70% of positive votes for its approval.

GP Proposals

Proposals created by the GP team shall be directly considered for a final investors voting.

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