Initial Configuration and Distribution Plan for OpenDAN DAO Contract Based on SourceDAO

[waterflier]

I would like to propose the initial configuration and distribution plan for the OpenDAN DAO contract based on SourceDAO:

Token Economics

• Total Supply: 1 billion tokens
• Allowance for Additional Issuance: Yes (Equity Issuance Model). After the project achieves its initial goals and the 1 billion tokens are fully distributed, new milestones can be authorized for additional issuance. Each issuance should not exceed 5% of the total supply.

Initial Distribution:

The tokens will be distributed into the following major categories:

• Development (Commit is Mining): 610 million,61%
• Marketing: 150 million,15%, It is mainly used for exchanging tokens with cooperative projects, especially 3rd source projects we are currently using and planning to use in the future.
• Investors: 150 million,15%
• Team: 90 million,9% (The unlock schedule will align with the pace of development and will be managed by the committee)

Development Mining Roadmap:

PoC: 80 million (Already completed).

The version leader @fiatrete should assign contribution ratios to all contributors of the NoC version.People who enter the list will get DAO Tokens immediately after the contract is created.

MVP:

100 million (Currently). Version Leader: @waterflier
Sub version plan :

• 0.5.1 Implement data capture into Knownlege-Base(KB) via Spider, followed by access by AI Agent (35 million,35%)
• 0.5.2 Build a Personal-Center based on the KB and associate the AI Agent with accessible telgram accounts (30 million,30%)
• 0.5.3 - Release for waitlist （5 million,5%）
• 0.5.4 First public release (10 million,10%)
• 0.5.5 Incorporate modifications after the first public version, workload depends on feedback (15 million,15%)
• 0.5.6 Official version of MVP (5 million,5%)

We aslo need to apply for some marketing tokens to give to early users.

Alpha: 120 million

Beta: 150 million

Release: 160 million

Initial Committee Members:

@fiatrete:(need eth address), CTO
@maxwilliamdev:(need eth address) CFO+CMO, Investor Relations
@waterflier: (need eth address), Currently Version Leader

Upon the completion of SourceDAO's initialization, I suggest conducting a small-scale token financing round to introduce some early investors within our community. This will diversify our community composition and allow us to hear from a wider variety of voices in our community governance.

Looking forward to hearing your thoughts and feedback on this proposal.

[waterflier]

Once our DAO contract released, we will be able to make more formalized decisions through the mechanisms provided by the DAO Smart Contract, allowing our community (developers, users, investors) to truly decide the future of OpenDAN.

[waterflier]

Given the high transaction fees associated with Ethereum (ETH), I suggest that we initially deploy our official contract on Polygon. From a usability perspective, Polygon is essentially fully compatible with Ethereum. Moreover, if we need to migrate back to Ethereum in the future, the process should not be overly complex.

According to another issue #42 , we also have an initial token distribution plan based on the contribution to the PoC version when the contract goes live. With this in place, I believe we now have sufficient configuration information to deploy the official contract.

@fiatrete 45%, 36 Million, 0x95809E7434e0350BDb59100e2DCBfCf7F885CFEC
@maxwilliamdev 20%, 16 Million, 0xF3ce33449E124e473A3DF34f13C4cbd1Ab24dF8b
@troy6en 10%, 8 Million, 0x51Ce0bcB8C1fd434b52Ecc14f211Ff35a117448C
@DiligentCatCat 10%, 8 Million, 0x480A6bB983f9cDEB7fAB1C9EeA3Df3951420926B
@Synthintel0 10%, 8 Million, 0xCE7E2d5C7eFC10960304DA879A9e0fB02c8b1713
@suntodai 5%, 4 Million, 0xdE245fFEE932cb83592a641875EeA90060d47976

I look forward to hearing your thoughts on this proposal, and as always, I appreciate your hard work and dedication to our project.

[fiatrete]

It's a good idea to deploy our official contract on Polygon. Polygon offers efficient and low-cost transactions, which could be immensely beneficial for our users and contributors.

[waterflier]

My Address is :
0x2DFD1FCFC9601E7De871b0BbcBCbB6Cad6901697

[waterflier]

The proposal has been passed, please everyone review it. If there are no issues, this issue will be closed in 72 hours.

https://dao.opendan.ai/proposal/2
https://polygonscan.com/token/0x56fec5fe1c73808762167e1f3815f76b2b358160