31st March, 2021, NFT-DAO General Meeting

Here is a list of timestamps for this meeting (the links are external). Please advise if I have misheard, misattributed or misinterpreted any content

Note: timestamps are external links

Introduction / Agenda - 0.02 - Rich Kopcho

Contributions, Overview from Team Leaders, New People to Introduce

Introducing Jonathan Looney - 0.31 - Tyler Wales

Jonathan has background in product management and design

Excited to have him onboard to help drive the MVP Auction

Jonathan Looney - 0.57

From Dusty Lubbock, Texas. Always Dusty sometimes Sunny. Sometimes Texas.

Worked in product design space for 10 years. Most experience in Higher Education doing marketing growth and front-end development.

Developed financial services with Fintechs and regional banking.

Overlap in NFTs between Finance and Education

Introducing Bruno - 2.44 - Rich Kopcho

Bruno from France is a finance expert with a background in blockchain. Bruno will address what financial models need to look like as we move towards governance, how existing DAOs have rolled out their finances and consider the regulatory environment.

Governance Token - 3.35 - Rich Kopcho

How do we reward ourselves now with something that has some future viability ?

Contribution Token - 4.16 - Michael @Yagi, Tyler Wales

Naming the token - TIES (e.g. railroad ties from Boxcar analogy). Tying the group together.

Contribution Token Overview - 4.45 - Rich Kopcho

Like some feedback on contribution tokens

Something that will imbue value over time.

Akin to the badcryptopodcast guys method of reward

Reference

The Bad Crypto Podcast - The World's Top Bitcoin Podcast covering Blockchain & CryptoThe Bad Crypto Podcast

Tie token to NFTs

Discussion - 6.33 - Tyler Wales, Rich Kopcho

How do you reward someone for their potential to produce artwork ?

Mentoring - 6.46 - Stephen Rowan

A reward for mentoring people - a mentor or TIE token.

People are incentivized to help other people.

Mentor of the Year Plaque - 7.39 - Rich Kopcho

Some evidence of contribution is always worthwhile

Auction MVP - 8.29 - Rich Kopcho

Auction HOLON group planning to meet for the first time on Thursday 1st April 2021

Development - 9.20 - Michael @Yagi

First kick-off meeting. First week starting development.

6 core developers. Front, Back end and an Architect.

Team broke out into sections and did spikes (deep-dives into problems) on frameworks and technologies that we will be used.

Marketing - 10.12 - Tyler Wales

Art Marketplace Minimum Viable Product (MVP) naming experiment / process

Put out survey to Discord community to vote on names

We need to refine voting/decision making processes within the DAO

Akkadia.io was a popular choice in the top percentage of marketing choice names as well as the community survey and we own the url.

Auction - 11.40 - Tyler Wales

New Mindflow has produced a master document in a samepage folder that brings all HOLON contributions together in one place.

Development, Marketing , Governance, Business - how are we going to structure the sale.

What the revenue split will be between the artists.

Goal is to remove silos, collaborate more effectively between the different core teams and have a central document for the six week lead-in to MVP launch.

People contributing include Jan, Dan, Anna Maria, New Mindflow, Phil (helping with outreach), Andrew (Mary Artwork), Hud (Research, Governance), Sev (research, competitive analysis) and now Jonathan to help drive progress.

Additional artists interested - 13.27 - Jonathan

Application forms (link to airtable) produced for artists to apply to be included in the MVP - 13.45 - Tyler Wales

Data being collated not only on potential artists but also investors interested in bidding.

Data Ownership concerns - 14.21 - Dan Verowski, Tyler Wales

New NFT-DAO Video coming out - 15.18 - New Mindflow

Reference :

NFT-DAO Long Term Vision

Potential to include African Artists

Governance Updates

Integrating samepage with GitHub - 16.05 - Stephen Rowan

GitBook criteria for obtaining Open Source Licensing

Governance HOLON Meeting - 17.33 - Sev

Governance HOLON Meeting set for 1st April 2021 to include Troy, Dan, Sev, Stephen, Hud

Meeting will discuss best practices on governance, bench-marking on other DAO projects, revenue generating models

Should Governance HOLON research the contribution token ? 18.14 - Sev, Rich Kopcho

The Governance token is a financial instrument with associated regulatory concerns

In the interim is there a way to distribute "kudo" like rewards to DAO participants ? Something that could build value and be transferable (fungible) in the long-term.

Discussion - 20.08 - Sev, Rich Kopcho

Building reputation of contributors

Creating some Token mechanism that tracks input of time and effort.

An NFT of the first railroad block - 23.06 - Michael @Yagi

Being part of the genesis of the NFT DAO

Tokenomics - utility tokens, voting tokens - 24.24 - Dan Verowski

Once NFT-DAO platform is mature - introduce a deflationary governance token (that has scarcity).

Discussion - 25.55 - Tyler Wales, Dan Verowski

Value in recognition itself - 27.14 - Stephen Rowan

Discussion - 27.38 - Tyler Wales, Dan Verowski

We could create track DAO contributions through multi-asset wallets

Lets create good will tokens to avoid regulatory space - 28.09 - Jonathan

The regulation that comes with financial rewards can interrupt the innovative cadence/momentum of the DAO

Discussion - 29.28 - Jonathan Looney, Tyler Wales

What's the initial state ?

Token does not need to be backed by ADA - 30.28 - Michael @Yagi

Token could just enable access to governance privileges, voting etc.

Value determined by perception of worth in the community.

How do we distribute the token ? 31.45 - Jonathan Looney

Happy to research best practices for token distribution.

Development SDK

Development SDK 33.31 - Dan Verowski, Michael @Yagi

Collaborative use of software tools.

MVP Auction master document

MVP Auction master document 36.22 - New Mindflow

Invitation to group to add contributions to MVP Auction master document

Rationale :

"Considering the fact that the MVP auction is going to be a microcosm of the DAO, involving development, business planning, project management, governance and marketing we are putting together this document as a way for us to synthesize and synchronize all the work that is being done towards it by the different holons within the DAO." (Quote from MVP Auction master document)

Screenshare presentation of samepage setting of MVP master document 37.27 - New Mindflow

NFT Token transaction proof of concept

Discussion 38.28 - Dan Verowski, Michael @Yagi, Tyler Wales, New Mindflow

Reference :

https://stephen-rowan.gitbook.io/nft-dao/meetings/22nd-march-2021-nft-dao-business-planning-meeting-transcription-in-progress#how-to-transact-nfts-1-06-58-wilhelm-horrixstephen-rowan.gitbook.io

Rich talking to IOG about Development support 39.49 - Tyler Wales, Michael @Yagi

NFT-DAO MVP will be similar to ergo's platform

Reference :

https://ergoplatform.org/en/blog/2020-09-25-nfts-on-ergo/ergoplatform.org

What is the status of smart contract functionality ? 41.24 - New Mindflow

Multiple issuing of NFT assets, artist royalties.

Discussion - 42.04 - Michael @Yagi, New Mindflow, Tyler Wales, Dan Verowski

Follow-up meeting to discuss what we want the auction to look like from a technical standpoint.

Discussion 45.00 - Michael @Yagi, New Mindflow, Tyler Wales, Jonathan Looney

Need to clarify multiple issues - unify communications and requirements.

Roadmap, timelines ?

Roadblocks - 49.06 - Tyler Wales

Roadblock : Marketing doesn't want to start marketing a message that development can't deliver. Flipside : Development needs direction from marketing on what to build.