Summary
The original mission of CityDAO was to buy land in Wyoming, but many Citizens are more interested in finding a property that is closer to where they live and more useful. Instead of purchasing one big parcel in Wyoming, I propose we create an 7 CityDAO Districts of Citizens grouped by physical geography that represent smaller groups of Citizens and allow each group purchase its own property, and give each district 1/7 of $1.5m.
Details
- This proposal creates 7 CityDAO Districts grouped by Citizens physical location with a treasury of $214,000 each.
- Each District shall purchase and administer a piece of property within its geographic boundary - it can be raw land, camping, co-working, residential, or any type of space.
- Any CityDAO Citizen, regardless of home District, should be able to visit and use the property of any District at any time.
- If the proposal passes, a census will be taken. Citizens will be grouped into districts by Scott, with the goal of creating a relatively equal number Citizens per district, but also factoring in geography to create local districts that represent a group of nearby Citizens.
- Citizens who take the Census will be given a soulbound NFT that represents residence in that district, a Snapshot for their District, and a Discord Role and channel for their District. Citizens can join a district even if they miss the Census later.
- Each District will elect a 7 member council via a Snapshot that becomes the District’s multisig. Once the District Council is elected, CityDAO will transfer the $214,000 to the multisig. The person who gets the most votes is the District President and is responsible for finding and proposing a property or delegating the responsibility to someone. Decisions like purchasing the land must be approved by a majority Council vote and transfer of funds from the multisig. The council shall be re-elected each year.
Budget
This proposal authorizes $1.5m from the treasury to be split among 7 District multisig treasuries.