DAO Club's native $CLUB token is currently locked and non-transferable.
$CLUB tokens cannot currently be bought or sold by anyone.
PROS:
- The governance process is more resilient against malicious vote-buying.
- Only those who complete Season 1 and proceed onto Season 2 are eligible to join the DAO. This upfront time and commitment (sweat equity) makes the Club more exclusive.
CONS:
- It makes DAO Club a semi-closed organisation, without any new members being able to buy their way in (potentially making the DAO less diverse).
- It limits the scope of activities DAO Club can carry out. We cannot incentivise or compensate outsiders with the $CLUB token as it has no value when locked.
Based on the above, please vote either 'FOR' or 'AGAINST' unlocking the $CLUB token.