CIP-41 CIP for a Real Estate Guild from @MaxRealEstate & @DAOvolution - Glass Properties

[MaxRealEstate]

Budget / Funding needed:

SUMMARY TOP LEVEL BUDGET for QUARTER 2 of 2022, now until June:

$50K & 6 ETH + Retroactive Reward at quarter end

• Operations (like insurance), Projects (discretionary), and team rewards: $25K

• Web3City Labs: $25K (with all Citizen NFT holders having the option to get Web3City coins)

• Parcel 0, Property Manager: 6 ETH

• Parcel 0 DAO, Community Manager: 25% of Parcel 0 DAO Drop Tokens (with CityDAO being paid back its cost basis of $100K if title is transferred or some payment in kind equivalent if a ground lease for below market value is entered into)

• Retroactive Reward at quarter end: To Be Determined By Citizens

SCOPE OF WORK:

FOR Real Estate Management & Development (6 ETH)

@MaxRealEstate

CityDAO LLC owns real estate (Parcel 0), and that real estate needs some ongoing management: an Operating Agreement, liability insurance, property tax payments,

@DAOvolution as Property Manager responsible for liability insurance, property tax payments, etc. Quarterly: 6 ETH
@DAOvolution as Community Manager for Parcel 0 DAO, managing Parcel 0 NFT Drop, Parcel 0 DAO consensus, etc. 25% of Parcel 0 DAO Drop Tokens (with CityDAO being paid back its cost basis of $100K if title is transferred or some payment in kind equivalent if a ground lease for below market value is entered into)

FOR a City of the Future Built On Web3 Rails

• vision statement for this Web3City Labs

@MaxRealEstate

I think CityDAO has an incredible opportunity to produce the open source primitives needed for a city or county to operate on Web3. I am most familiar with the real property systems and want to work on those.

• Budget of $25K, with all Citizen NFT holders having the option to get Web3City coins

• 100% of the $25K will go into LandTitleDAO, with Citizens eligible to earn $DEED (and CityDAO to get $DEED)

• The $25K will fund the Minimum Viable Product data collection system (Earthify). Product Spec Here.

@MaxRealEstate

LandTitleDAO

Disrupt the $96B per year title insurance market (a security/legal budget buyers overpay for) with an open source eRecorder & open source data collection system for public records.

• Twitter: https://twitter.com/landtitledao
• Discord: Discord
• Slide Decks:
  • Top level deck
  • Mission deck
  • Customers deck

FOR Operations (like insurance), Projects (discretionary), and team rewards: $25k for the Inaugural Real Estate Guild, to, at the option of the Guild, pay contributors to the guild, or deploy into Parcel 0 (i.e. pay insurance, erect a totem), Parcel 0 DAO, or Web3City Labs projects like the open source eRecorder.

Our Bonus, or “Retroactive Reward”: of Citizen NFTs as determined by CityDAO in accordance with some “Retroactive Reward Funding Mechanism” that CityDAO will need to sort out (i.e. If CityDAO thinks we did a phenomenal job, CityDAO can Reward us with 25 Citizen NFTs or something).