Proposal #006 - DTF Guiding Principles

for easier formatting read: https://quintinau.notion.site/DAO-Process-Proposal-006-DTF-Guiding-Principles-7b3a23821ff948989f23ecaadcedd32a

Goal

To ensure all DTF proposals are driving towards a common goal, we need to have guiding values that will shape: our LNY NFT collection & our next NFT acquisitions.

Proposal for NFT Acquisition Process

As discussed in our Town Hall, we brainstormed several values around what we'd like to be.

Proposed Roadmap

In the short term (1-3 months), we need to build credibility as a $DTF brand. This will be led by 2 efforts:

1. We will continue to acquire risky & blue-chip NFTs that show skin-in-the-game, & ideally ROI
2. We will launch our LNY NFT collection. We will mint out and build a tight-knit community.

In the long term (3-12 months), we will leverage our engineering & legal expertise as a community as a launchpad for AAPI creators/artists/musicians/entrepreneurs that are high potential, but don't know how to launch in the web3 space.

Proposal to add these Guiding Values

To get us there, we will add these guiding values to our DAOTaiFung Values doc.

1. Focus on AAPI.

   1. We WILL support high potential AAPI creators. We will partner with AAPI businesses first.

2. Swing "Big". Be experimental. Push the edge.

   1. We WILL aim for 5-20x gains. We WILL innovate on smart contract design & NFT utility.
   2. We WILL NOT look for 20-50% gains. We will not play it safe. We will not be conservative.

3. Make research-, fundamental-, thesis-driven investments.

   1. We WILL have theses for NFT investments. We will conduct reasonable research into all acquisitions. We will invest in fundamentals, based off value generated by a project.
   2. We WILL NOT "YOLO" into pumps. We will not make snap decisions based off of fads. We will not aim to flip NFTs we acquire (unless needed to exit a poor position).

4. Stay lean.

   1. We WILL have just enough process to enable collaboration. We will curate the people in our community.
   2. We WILL NOT slow down DAO projects. We WILL NOT dis-empower members from taking action.

5. Learn through action.

   1. We WILL learn by doing, writing code, designing NFTs, marketing in communities.
   2. We WILL NOT theorize, when we can act.