With the Dissolution of the Gnosis Builders, the bulk of the funds as approved under GIP-38, and not yet spent, have been returned to the DAO. Some investments are, however, currently illiquid as they were invested by the Gnosis Builders in early stage projects. Such investments inherently carry a lesser degree of liquidity, and may contain conditions relating to vesting, lock-ups, future delivery obligations (e.g. upon the occurrence of a token generation or other trigger event) etc…
This proposal intends to seek a vote from the GnosisDAO to enable the legal conduit, Gnosis Asset Holdings I Foundation (the “Foundation”), which is being set up to onboard Centrifuge Prime as described in the update to GIP-91 posted here as GIP-94 3, to also hold other illiquid investments, including those made historically by the Gnosis Builders.