This is the first iteration of our ideas for the Particle DAO. This is still a work in progress. We want to hear from you, and have you be part of forming the final structure of what will become the Particle DAO.

Mission

The ParticleDAO will exist to help build a great people-governed fine art collection. The formal Mission is “to enable the Particle Foundation to buy, share, safekeep and govern humanity’s great works of art.”

https://lh4.googleusercontent.com/f7x5tWzEDA-4LeS8TMMbL2HzDE3__-97rguIZcjELbQ9CCxCKNhdcn7nFlbMvz9jRYjQYyiis4lgXBApqN4lJ24Jdop-G9FL8gJWSO411h1W0D9K63jJpe2hNHtRlV5l8Db4s_8e

The focus of the DAO will be to support The Particle Foundation, a non-profit 501c3 organization.  More detail will be forthcoming about how the DAO and the Foundation will interact and the responsibilities of each.

The Premise

We are kickstarting the community with existing Particle owners as the foundation of a new governance mechanism.  Nothing is set in stone, and we will be evolving the structure with existing Particle owners over the coming months.  In general, we are operating along the following structure:

Particles = Access

DAO Tokens = Governance

Any existing Particle owner will be part of creating a new governance mechanism, and will receive DAO tokens.  So as a starting point Particles themselves are a part of the initial  governance mechanisms of the DAO. This serves two purposes. It allows us to bootstrap our existing community and leverage the investment they have already made and creates a buy pressure on the NFT’s as possession of them will provide special access and services as well as decision-making in the DAO.

The Structure

https://lh6.googleusercontent.com/TzeWLxDEcQf4a4BjvttbDrjSSBcVO5MLZzjXqDRdoR5cfPfnQw_8wu3vwtj4lGkJO6oh8rPpf8X2EGAD8FEPYo1o5F18iBi0UajOoccKBRZSoiTo1IgrTj5YEDhG4p6TMUH9Qr1W

The DAO will have 5 main components:

  1. Particle DAO Constitution: A formal document describing how the DAO Operates.
  2. Actions and Amendments: Proposals for structure, initiatives spending or a Constitutional Amendment.
  3. Community Committee: A body elected by the community to formally manage proposals, ideas and amendments.