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CityDAOCityDAOby0x267a3195ea57ad38E65993DBcB9FBebf8995621Dscofi.eth

CIP 4: Execute a purchase of Parcel 6 on Hail Basin Rd

Voting ended over 4 years agoSucceeded

Execution mechanism has been discussed in Discourse and is proposed to be:

  1. Create Coinbase vault with 5 signers from the core team (that is coinbase max right now)
  2. Gnosis safe Signers approve transfer to CityDAO Coinbase Vault.
  3. CityDAO Coinbase Vault signers approve ETH sell to USD and withdraw to CityDAO LLC wells fargo account
  4. Scott executes wire transfer to Title Escrow company and shares wire transfer details in the Citizens channel.
  5. We own land!

Off-Chain Vote

APPROVE
43 97.7%
REJECT
1 2.3%
Download mobile app to vote

Timeline

Oct 05, 2021Proposal created
Oct 05, 2021Proposal vote started
Oct 09, 2021Proposal vote ended
May 07, 2024Proposal updated