CRYO-7: CryoDAO Constitution

Submitted by: CryoCore Team Members: CryoCore

1. Problem

CryoDAO needs a fundamental constitutional document spelling out a clear vision and mission, and immutable governance processes.

2. Solution

The following CryoDAO Constitution is proposed to Members for voting on:

Vision

CryoDAO is unlocking the future of life through advancing cryopreservation technologies.

We envision a world where organs and tissues preserved in vast biobanks are available to patients on demand, where journeys to distant stars become journeys in slumber, and where even life can be frozen in time.

Mission

CryoDAO is a decentralized science DAO. Our purpose is to finance academic, research, and commercial projects in cryopreservation, including whole-organism biostasis.

In the next ten years, we aim to enable long-term cryopreservation for cells, tissues, and organs, including organism biostasis, with full viability and functionality restored post-rewarming.

This will enable organ banking, eliminating the current transplant waiting list, deep space travel to reach other earth-like planets through cryosleep, and potentially help unlock the secrets of longevity and a world free of disease.

CryoDAO broadly strives to allocate 50% of its resources to groundbreaking moonshot projects rather than funding for incremental technological and scientific progress. We strive to allocate 25% of resources to more immediately relevant topics that would allow for faster integration into medical routine, and 25% to opportunistic topics such as working with reputable organizations on joint projects.

Governance

CryoDAO does not have a CEO or Board of Directors. Its Members govern the organization through voting on governance proposals with $CRYO tokens. A person or organization verifiably holding at least one $CRYO token becomes a Member automatically. Each $CRYO token counts as one vote and the majority decision, as defined by the DAO, is executed. Proposals are published and can be voted on through the DAO’s Snapshot: https://vote.cryodao.org/

All votes are recorded on Snapshot, providing a transparent record of governance actions. Additionally, CryoDAO may employ third-party audits and community oversight to ensure the integrity of the voting process.

$CRYO is a governance token, serving solely for decision-making within the DAO. It does not represent an investment or an opportunity for economic gain. $CRYO holders should not expect any form of financial return from purchasing this token. Its purpose is exclusively to enable participation in governance decisions, without any implied promise of financial profit. $CRYO therefore exclusively enables governance privileges for token holders.

In addition to giving the ability to token holders to vote on internal organizational structures, awareness activities, and funding high-impact cryopreservation research, holding the token enables Members to govern the CryoDAO Treasury. CryoDAO’s multi-sig is exclusively operated and maintained by the DAO’s internal body CryoCore, who act on the will of the Members and the DAO Constitution.

Due to regulatory and compliance requirements, CryoDAO Members may never receive, however unlikely, dividends or profits generated through the activities of the organization. Governance proposals introducing any kind of financial benefits to Members will be automatically rejected. Passing such a proposal would result in the immediate dissolution of the DAO.

How we achieve our goals

CryoDAO is not a for-profit organization. It has been designed and is functioning as a decentralized autonomous organization with philanthropic values in mind, with the primary goal of accelerating high-impact science and technological progress related to cryopreservation and biostasis technologies.

CryoDAO funds projects based on project proposals. Proposals are submitted by individuals and organizations on the topic of cryopreservation or biostasis, peer-reviewed by CryoDAO’s evaluators for scientific, clinical, and business relevance, and pending a positive review, proposed for funding. Once funding is released, the Working Group monitors the project through its phases, and offers assistance to its implementation based on internal expertise. CryoDAO may incubate projects internally.

CryoDAO’s internal units are Working Groups, composed of Members. They are tasked by the Member community to perform a set of thematic activities in line with the Mission and Vision of the DAO. Working Groups encourage Member involvement. They foster a culture of open communication, accountability, and trust, and incentivize efficiency and results by rewarding Members and contributors based on their performance.

CryoDAO owns a multi-sig. The multi-sig signers must, and always will, reject any transaction that may be illegal or is not in line with the DAO Constitution, regardless of whether a governance proposal regarding the transaction has been voted for by the Members.

Treasury Sustainability

CryoDAO employs a rational economic approach to replenish and maintain Treasury sustainability.

CryoDAO may employ modern tokenomic strategies to diversify Treasury holdings and minimize risk. We may employ auctions, financing rounds, and other funding tools involving exchanging fiat and fiat-equivalents for our governance token to replenish the Treasury. Projects funded by CryoDAO may directly or indirectly provide sustainability through IP, licensing, royalties, equity, or other mechanisms.

CryoDAO does not implement any Treasury-related activities with the goal to turn a profit for its Members. Any potential Treasury gains will be reintegrated into funding and implementing more projects accelerating high-impact science and technological progress related to cryopreservation and biostasis technologies.

3. Requested Budget

No budget is requested for the implementation of this proposal.

4. Timeline

This proposal should be executed immediately upon a positive community vote.