Please Note - I am personally still much more interested in CIP-70 - moving to a Mayor-Council model of governance, however, to keep up with current posts, I am including this Guild Proposal for a Legal and Transactional Services Guild
1. Guild Name
Legal and Transactional Services
2. Guild Overview
The Legal and Transactional Services guild is responsible for managing DAO in house legal matters and operations, liaising with and managing outside counsel, and leading any transactions that may arise respecting real estate matters. After all, CityDAO is located primarily in the United States - so we need a good / dedicated legal team.
3. Guild Facilitator / Comp
Josh - $6k / mo + 2 Citizen NFTs per month
4. Guild Members / Comp
David, Walt - $2k/mo + 1 Citizen NFT per month (each)
5. Guild Budget and Justification
$30k + 12 NFTs for Q3 comp & $6k for Q3 for miscellaneous bounties ($36k total) - bounty amount is authorized and returned to main treasury at end of Q3 if unused. For now, no bounties in legal are anticipated. The comp is designed to offset opportunity costs and provide incentive for the members to participate and add value.
6. Guild Responsibilities and Deliverables
- Legal Issue Spotting and Risk Mitigation
- Communicating with / managing outside counsel
- Ensuring legal needs are met and deliverables are provided on time and in full
- Leading negotiations / interactions with third parties where agreements are to be signed
- Signing authorization on behalf of the DAO
- Holding 1:1s with guild facilitators and providing feedback/guidance
- Parcel 0 Rules and Legal Matters
- Property Tax Management and Zoning/Municipal Law Research
- Corporate structure as needed
- Day to day in house legal services, including without limitation, the development of a privacy program compliant with current law, and any trademark/IP matters
- Champions of governance: Master CIP template and procedure, Charter simplification/overhaul, and alignment of all operative legal documents
7. Guild KPIs
- Time spent dedicated to CityDAO legal and real estate matters
- Documents and transactions reviewed / negotiated
- Management and cost-effectiveness of outside counsel spend