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Kingpin DAOKingpin DAOby0xcC1CB7a5E84Ed54267c57902a05Ee86Ab1B5b78Cgutterchad.eth

Establish KPDAO as a Legal Entity

Voting ended almost 4 years agoSucceeded

This proposal is a vote to proceed with establishing the Kingpin DAO as a Legal Entity.

The estimated cost for this is between 6Eth - 12Eth. This includes retaining a lawyer, documentation and submitted application for incorporation.

Our assumptions is this will be covered by the 100k grant from GCG Team, but there is no guarantee that will be paid.

The benefits of establishing a Legal Entity:

  1. Protection from Personal Liability
  2. Protection from Project Liability between DAO initiatives
  3. Ease of Distributions in the Future

If this vote passes, A subsequent vote will be had to nominate 5 board members for the legal entity that will be Doxed. There are 11 applications for the position.

Off-Chain Vote

Yes - Proceed with Legal Entity
38.79M GUTTR100%
No - Do Not Proceed
0 GUTTR0%
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Timeline

Mar 29, 2022Proposal created
Mar 29, 2022Proposal vote started
Mar 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated