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ContinuumDAO Forum

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    Decentralized Governance Incentive Framework Proposal
  • J Jerry

    Goal

    Token Allocation: Distribute CTMDAOVOTE tokens to contributors excluding Full-time Contributors who received allocations in August 2023.

    Rationale

    • Alignment: Balances recognition of past contributions with incentives for ongoing engagement.
    • Governance Clarity: Formalizes contributor tiers and exit protocols to ensure fairness.

    Background

    Since the discontinuation of USDT salaries in September 2024, multiple contributors have sustained efforts toward ContinuumDAO’s mission, driven by conviction in the project’s long-term success. This proposal aims to:

    • Recognize their contributions.
    • Incentivize progress toward mainnet launch and TGE.
    • Establish a performance-based reward system distinct from monthly payments.

    veCTM Distribution Tiers

    Tier Criteria veCTM Allocation
    Tier 1: Core Contributors Lead major DAO initiatives (e.g., guild operations, governance optimization). Must demonstrate measurable impact. 0.05%–1% of total veCTM supply
    Tier 2: Active Contributors Regular contributions (~20 hrs/week), active meeting participation, and cross-guild coordination. 50,000–100,000 veCTM
    Tier 3: General Contributors Deliver ≥2 production-ready outcomes integrated into DAO products/services. 5,000–20,000 veCTM

    Special Recognition

    The ongoing contributors to the project, Eli and Arkman, are formally recognized by the DAO contributors and members. This proposal includes:

    1. Adding them to the core-contributor group
    2. Allocating tokens for their past contributions

    Both will receive 0.5% of veCTM rewards as compensation for their achievements.

    New Core Contributor Initiation & Existing Contributor Exit Rules

    1. New Core Contributor Initiation
      • 0.05%–1% veCTM allocation based on role and impact.
      • Eligibility: 6 months of consistent contributions.
      • Process: Documentation submission, community forum pitch, and DAO vote.
    2. Existing Contributor Exit Rules
      • Departing Core Contributors forfeit tiered rewards and receive 0.01%–0.1% veCTM based on historical performance.

  • Proposal for RAK DAO Entity Formation
  • SelquiS Selqui

    I would like to include application for the Dubai DFSA Tokenisation Regulatory Sandbox. See the details here https://www.dfsa.ae/innovation/tokenisation-regulatory-sandbox

    If ContinuumDAO is successful in its application, we would need to apply for a Dubai license in addition to the RAKDAO license, but I think that if we can afford it, it would be very beneficial


  • Proposal for RAK DAO Entity Formation
  • SelquiS Selqui

    @avgCrypto I think that it might be true in Dubai, but the process seems simpler in RAK


  • Proposal for RAK DAO Entity Formation
  • SelquiS Selqui

    @rebe2a @motki Any community sale would follow TGE, securing a license and would have to conform with regulations and follow legal advice. This would be the subject of a separate DAO proposal.


  • Proposal for RAK DAO Entity Formation
  • SelquiS Selqui

    @sanderrrrr No need for any of us to move there (though RAK does look beautiful). We would need to secure a crypto trading license when we launch our token and the Middle East and especially the UAE could well be where we grow our business fastest initially, so it is nice that we have the option of making this a base, with people possible in the future.


  • Proposal for RAK DAO Entity Formation
  • J Jerry

    Abstract

    This proposal seeks DAO approval to establish a legal entity under Ras Al Khaimah’s (RAK DAO) Startup Package, enabling regulatory compliance, institutional partnerships, and operational scalability for our crypto RWA project at a total initial cost of 9,435 AED.

    Motivation

    1. Regulatory Necessity:
      • Tokenized real-world assets require licensed entities for banking, custody, and institutional collaboration.
      • 87% of UAE-based Web3 projects report faster partnership onboarding with formal incorporation.
    2. Strategic Advantage:
      • RAK DAO’s startup-friendly framework reduces incorporation costs by 57% compared to Dubai mainland licenses.
      • Grants access to 130+ medium/low-risk activities, including Blockchain Development (ICT-003) and Digital Asset Management (FIN-112).

    Specification

    Overview

    • Package: Startup Package (3 Visas, 2-Year License)
    • Activities: 4 approved codes (2 primary, 2 secondary)
    • Compliance: Medium-risk tier alignment

    Type of Proposal: Treasury Proposal

    • Requires funding from DAO treasury for entity setup.

    Scope

    • Included:
      • License issuance (RAK DAO)
      • eChannel banking integration
    • Excluded:
      • 3 Employee visas
      • Golden Visa eligibility (requires 3-year license)

    Success Criteria

    1. Entity operational within 14 days of approval.
    2. Secure UAE corporate bank account within 60 days.
    3. Onboard 2+ institutional partners by Q3 2025.

    Timeline/Budget

    Phase Timeline Cost (AED)
    DAO Approval Day 0-15 -
    License Submission Day 15-30 17,485 (Package)
    Compliance Fees Day 31-40 1,950
    Total 19,435

    Ongoing Costs:

    • Annual Visa Renewal: [8,000 AED] (Year 2)
    • Activity Expansion: [2,000 AED] per additional code

    Notes

    1. Under the UAE legal system, directors have the authority to override unlawful DAO decisions in specific circumstances.

    References

    RAK DAO - Company Presentation.pdf
    RAK DAO Startup Package.pdf

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