This memo outlines strategy to launch the ProductShare DAO on Colony and the marketing campaign series prior to the launch of our Governance token.
We will first write a memo or a series of memos that update the community about:
- Completion of the legal migration to a DAO legal entity and links to the Operating Agreement and other legal documents.
- Token Address of the Token Contract, Address of the Treasury
- Short update of where the business is at, and bank balances
- DAO Goals: Create a decentralized economic system where users get paid for shopping and curating products while supporting high impact community initiatives and causes.
- Email to existing shareholders to notify them of their pro-rata eligibility and abiliy to purchase tokens 0.0111 with forfeited token allocation going to new community contributors
- Email to advisors to renew their advisor commitment
- Since now the company is operating as DAO, all things like employee salaries will be determined by group consensus so until such time that the company treasury and DAO can afford to pay salaries, all current executives provide work on volunteer basis with their compensation in StakeShare as well as earning reputation within the system
- Memo that any member of the community should be eligible to receive StakeShare for being a contributor and that for the first 1000 users who join we have allocated $11 dollars to participate in the Beta test of the Colony DAO Framework and ability to earn for performing specific tasks for a specific team.
- Balance Sheet
- Finance model and Token Economics
- A list of agreements that need to be made:
- Which DAO Framework to use?
List of roles
Published copy of the
- New Iteration of the Whitepaper that introduces ProductShare Checkout
- Summary of tokenomics and plan of issuance.
- Private Sale participants list of wallets whitelisted to purchase of StakeShare
- Retroactive Cashback of 1% for all purchases on ProductShare at $0.33
- Commitment for everyone in the world to own StakeShare and the first 333,333 distributed to existing users and supporters who join our Colony and pass KYC ( US/Canada/EU Countries residents with a valid email address and a ProductShare account)
- Issuing the Founder token only after the launch of liquidity upon consensus on meeting the set objectives
- Roadmap memo with concrete objectives:
- Colony Framework onboarding
- instructions on how to bridge PSS
- Transition to Discord with a Token Gated Server
- Liquidity Launch - Partnership with ApeBond/ICHI
- Store relaunch with Web3 native web application