BitDAO

ABOUT

BitDAO is a DAO with billions in existing assets and billions in forecasted contributions.

BitDAO aims to support builders of the decentralized economy. It is an open platform for proposals that are voted upon by BIT token holders. It is agnostic to chains and projects.

Possible proposals include 1) direct partnerships or swaps with projects, and 2) expansion via specialized autonomous entities such as: ecosystem funds, artist guilds,farming cooperatives, R&D Labs, etc.

BitDAO is supported by Peter Thiel, Founders Fund, Pantera, Dragonfly, Spartan, Bybit, and more.
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SOLUTION

Core Products
Shorter-Term
BitDAO Onchain Governance - To allow proposals to be actioned without operators. Likely to be battle-tested with a portion of the current BitDAO Treasury.
BitDAO Risk Management - To incentivize experimental ideas while managing economic risks to BitDAO, especially for partnering with Autonomous Entities. Likely solutions include bonding and insurance mechanisms.
Governance Suite - A public repository of solutions, policies, best practices and references around governance and treasury management. This can be referenced by future DAOs and autonomous entities for fast creation.
Rebranding of bitdao.io
Treasury Management and Corporate Credit Product

Longer-Term
Scaling solution for BitDAO and Autonomous Entities - BitDAO and partnered autonomous entities may encounter scaling issues in the near future, especially with linked-governance or linked-treasuries. If these issues cannot be solved on Ethereum Layer 1, we may look to adopt or build a Layer 2, sidechain, Ethereum Shard, etc. We will look to co-develop for a real use case and pain points, and work with other DAOs to ensure the solution will be broadly adopted.
Scaling solution for swaps - We want to enable many early-stage projects to receive funding and build a connection with BitDAO. There could be hundreds of partnership proposals and it is not scalable to process these through the top-level BitDAO governance process. The scaling solution will likely involve: 1) Fast due diligence or whitelisting process; 2) Onchain governance and treasury execution; 3) Launchpad mechanics.
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MISSION

To support builders of the decentralized economy, and showcase the potential of DAOs.

To support a wide range of ideas, and experiment with the full range of options for economic alignment, governance, treasury management, and organization.
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