Proposal to Establish a Foundation for Shit DAO Operations

In recognition of the need to streamline and professionalize the daily operations of Shit DAO, this proposal outlines a strategic plan to establish a dedicated foundation for this purpose. The foundation will allow those who have contributed more than 1% of the donations to become members, ensuring a democratic and participatory governance structure.

With the launch of smap.ai on the Gorli testnet, it is now timely to migrate all DAO-raised funds to facilitate the mining of $sGPT on the mainnet.

Purpose The establishment of a foundation aims to achieve the following objectives:

Enhance Operational Efficiency: A dedicated foundation ensures better management and coordination of daily activities.

Democratic Participation: Allowing those who have donated more than 1% to join ensures that decision-making reflects the interests of major holders.

Facilitate Mainnet Migration: The foundation will manage the process of transferring funds and setting up mining operations for $sGPT on the mainnet.

Compliance with Established Rules: All activities will be in line with the rules published on shitgpt.org, ensuring transparency and accountability.

Proposed Structure Foundation Members Eligibility: Anyone who has donated more than 1% to Shit DAO. Roles and Responsibilities: Members will be involved in decision-making processes, including voting on key operational matters.

Operational Plan Migrating to Mainnet: Immediate action to move all DAO-raised funds to the mainnet for $sGPT mining.

Daily Operations: Implementing procedures for managing, tracking, and reporting daily activities.

Conclusion The creation of a dedicated foundation to manage Shit DAO’s daily operations is an essential step toward professionalization and efficiency. This proposal requests the support of the Shit DAO community for its implementation, in alignment with the rules published on shitgpt.org, and in the best interests of all stakeholders.