Curation Committee Internal Regiment

Context

The intent of this proposal is to improve the Fingerprints curatorial system.

Proposal

Formation and Succession

1. The curation committee will be iterative, with its tenure, composition and budget to be specified in dedicated committee-formation proposals;
2. All committee-formation proposals must be formalized and approved by the community via a token-weighted Snapshot vote; a. the composition can be arrived at through soft voting and discussions in off-chain channels (e.g. Discord, Forum) prior to Snapshot ratification.
3. It is not required for committee candidates to be a member of the DAO, but they must provide additional evidence of knowledge in one or more of the subjects that are relevant to the Committee’s decisions: artistic, technical, etc;
4. The formation of subsequent committees will take place the week after the end of the previous committee's tenure; during the formation week, the previous committee will retain its curatorial mandate; a. after that week ends or a new committee is formed (whichever comes first), the previous committee will cease to exist.
5. Each committee will have the power to hire and compensate staff (either with $PRINTS or USDC), without exceeding a total value of USDC 3,000/mo or equivalent.

Rules of Engagement

1. Elected members are expected to be reasonably active and engage with the curatorial discussions and votes on bi-weekly basis; a. failure to provide input in at least 50% of the discussions will result in exclusion from the committee (subject to a vote by the other committee members).
2. Elected members must abstain from voting or influencing decisions in which they have clear conflicts of interest; a. failure to do so will result in exclusion from the committee (subject to a vote by the other committee members).
3. Acquisition decisions must be made with a minimum quorum of 60% of the curation committee via a simple majority vote. In the case of a tie, the acquisition is rejected;
4. Committee members can be impeached by a unanimous vote, after which the committee will have to announce it to the community and provide a reasonable explanation;
5. All material, non-public information (MNPI) relative to the committee's work must be kept secret so as to prevent front-running; a. failure to do so will result in exclusion from the committee (subject to a vote by the other committee members).
6. Acting on top of MNPI to achieve personal gain (insider trading) is absolutely forbidden and can result in exclusion from the committee (subject to a vote by the other committee members); a. the DAO can choose to impose further sanctions such as removal from the DAO's Discord server, future airdrops and other moderated platforms.
7. The committee is expected to explain the rationale behind their acquisitions to the community in open calls, some time after the acquisitions have been made and announced. It will be required to do so at least once, at the end of its tenure;
8. The decisions and acquisition details made by the committee must be logged and made accessible to the community after each acquisition.