I have been thinking more about the structure of the DAO and how it will be operated.
It will be operated as a investment club where a new splinterlands account must be opened and a minimum of 100,000 SPT and 100 HP must be delagated to the DAO which then will allow all members to submit content for posting and the members will vote on the content and once the content is voted on the writer will get 50% of the proceeds the DAO receives as a commission plus some other rewards such as a reblog of a post of their choice from there own blog. Also the post must be reblogged from your DAO splinterlands account so that it brings more attention to the DAO.
Will also have a referral pool to delegate new referred members some additional resources and cards to there DAO account that they can use for battles. Any rewareds will be 50% commission to the person who won the rewards and 50% to the DAO treasury.
We will havde a battle schedule so the cards can be delegated to the correct person for x time specified so they can battle on behalf of the guild as well as receiving there share of a 24/7 guild that will have members battleing around the clock earning as well as earning money for the guild in total.
There will also be a separate account for the treasury for LP pools and staking as well as an account to hold all of the airdrop points as well as cards. Income will be distributed at least monthly from the income distribution account in the DAO and everyone will be able to verify it as well as know that there principal is completely safe as it will never leave there account as any contributions will be delegations not actual contributions at first. Later on in the DAO operation we will have a REG CF offering where all original investors also receive part of the promoted interest and the GP interest will be transferred so that all of the original DAO members get a bonus once the REG A offering closes as they will receive part of the 20% split in addition and the new Reg CF shares will have a 2% mgmt fee with a 30% promote 10% allocated out of the 20% to the original contributers to the DAO so they will now receive part of the promote and I would expect to need 6 months to 1 year of operating performance which will be posted daily so that we can attract attention and members.
Also any first round members in the seed round for the club will receive some sort of promotion whether it be a split of earnings from the team they refer and will be a manager of which will be something we allow later but only once for the original members and me the founder.
After reg CF these members will be assigned a team manager which will be the original DAO members to reward them for helping build the DAO they will be able to earn x% of cashflow from there team before it is given to the DAO to split.
