Any transaction created in this DAO must have been proposed in an Aragon Voice vote on
https://voice.aragon.org/ and with the following approval criteria:
– 50% support of the participating tokens in the vote proposal duration of at least 7 days
– Transactions created that do not meet the above criteria should not be permitted
– Unless explicitly participating in the vote proposal, this DAO doesn’t consider these tokens as approval or opposition
– Every time the proceed from token buyers exceeds (and in the case we start sales of goods and services, adding our profit) $500 (first time $500, second time $1,000 and so on, cumulatively) we vote
– which premium wine(s) we buy, including its vintage
– how many bottle(s) we buy
– where to buy the wine(s) from
– who to buy it (them)
– where to drink the wine
– our venue will be Bay Area, California USA
– in the case of restaurants, corkage we incur
– when we hold the events
– the food we pair with the wines
– including potluck style
– The decision above is made pro-rata basis depending on the numbers of tokens DAO owners have, however
– The volume of wine poured into your glass when you participate in events is NOT so that we can freely enjoy the wines 🙂
– In the case you can’t come to the event, you are not eligible for the portion of the wine(s) we drink in the events.
– So please be attentive
– Again, our venue will be Bay Area, California USA
– Token holders of DAO won’t be liable to any health issues, injuries and losses including but not limited to food poisoning during the events
– Drink responsibly in the events. The above is also applied to any DUI incidents during and after events
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn’t backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.