Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Vicodin on May 05, 2016, 11:38:46 PM



Title: DAO? What about this?
Post by: Vicodin on May 05, 2016, 11:38:46 PM
Definition

The DAO consists of the sum of those holding the DAO’s representative tokens.

Values

We, as a DAO, ascribe to the following values:
Transparency
Democracy
Decentralization
Voluntary participation
Non-exclusion
Privacy and the right to anonymity
Non-aggression

Goals

To blaze a new path in business organization for the betterment of its members, existing simultaneously nowhere and everywhere and operating solely with the steadfast iron will of immutable code. The goal of The DAO is to diligently use the ETH it controls to support projects that will:
Provide a return on investment or benefit to the DAO and its members.
Benefit the decentralized ecosystem as a whole.

Conduct

We as a DAO, both as a whole and as individual members, will adhere to the following code of conduct:
We will not seek profits through means contradictory to our stated values or the categorical imperative.
We shall respect free speech and encourage all opinions to be both voiced and heard freely, without persecution.
We will strive toward decentralization and autonomy whenever and wherever it is reasonably possible and beneficial.