A DAO, or decentralized independent association, is a gathering who have gone into an agreement with each other to arrive at a planned objective. It very well may be anything from gathering intriguing NFTs, to anticipating financial exchange moves. Furthermore, it normally exists to fund-raise for a particular reason.
A DAO separates itself from customary business courses of action in two major ways. In the first place, DAOs are solely on the web, with individuals only very seldom interfacing with each other, all things considered. Furthermore, second, they work with rules and targets informed by blockchain innovation, an extremely durable record of advanced data that isn’t run or overseen by any focal power, and goes about as a record of computerized exchanges on the web.
What is friesDAO?
friesDAO or Franchises and Restaurants Integrated Efficiently and Systematically is a decentralized independent association (DAO) on Ethereum trying to purchase cheap food stores.
Without precedent for history, we will endeavor to connect blockchain-based administration with certifiable tasks of notable establishment brands.
From these activities we look to scale in a decentralized way, scaling into urban areas all over the planet, and forming the utility of our undertaking through local area conversations and tokenized administration. We additionally expect to investigate IoT and machinefi capacities of our store tasks that can be gotten to by the administration token.
As a social examination, it is our obligation to impart our discoveries and encounters to the world in the arising space of certifiable DAOs.
What Are We Doing?
Structure a Treasury
Assemble USDC commitments (on Ethereum) from local area givers and disperse $FRIES administration tokens.Buy Franchises
Haggle with establishment proprietors and brands to purchase notable cheap food stores utilizing the friesDAO people group depository.Extend the Empire
Make a reproducible structure for local area administration to impact store enhancements or extensions.Shape the Utility
Partake in genuine yet memeworthy conversations like focusing on positions for us and getting NFT coupons with the expectation of complimentary food.
Community Value
In this way, there are three pathways into reinforcing the local area worth and organization tie between the stores and friesDAO. The accompanying would be essential for the commitments of the store:
1. Participation Access Perks — Any part who has an authority friesDAO enrollment NFT would have the option to get to free or limited food. The necessity to give a standard of such advantages would be a legally binding commitment of any friesDAO network store. Normally, a brand would allow and even urge a singular store to do nearby advertising. NFTs that fill in as computerized coupons could assist with driving traffic, mindfulness, and deals, particularly when matched with administration driven missions like symbolic airdrops to guests.
2. Token Purchases — Stores that were supported through loans should likewise buy a part of FRIES tokens and construct “value” into friesDAO towards turning into a more grounded local area part. These tokens should be vested in a marking contract or comparative. Since these tokens are claimed by the stores or proprietors of the stores, they are not actually a “charge”.
3. Governance of Store Profits — Profits will be legitimately in the care of the contracted outer organization that possesses and works the stores for friesDAO. The connection between the organization and friesDAO (a Wyoming DAO LLC) will be organized by legally binding arrangement, which will incorporate
Necessities or working benefits of stores to be consistently changed over into a cryptographic money viable organization and held in a multisig wallet that can be freely seen on the blockchain.
Administration statements that will impact how benefits are utilized towards store enhancements or moved into utilization to obtain extra stores, or moved to one more permissioned element to accomplish similar goals
Other people group chose statements to be haggled with the store merchant and additionally brand.
NFT memberships
access special perks such as food or discounts at our friesDAO network stores
NFT
NFT printing is not far off. We are currently preparing the whitelist addresses for Genesis Edition mint. As of now, all earlier Spicy labeled job individuals who had right off the bat in the Discord can put their ETH address in the NFT string to qualify, no later than April 22nd.
Exchange
FRIES Token Contract: https://etherscan.io/address/0xFA57F00D948bb6a28072f5416fCbF7836C3d62dD
Multsig: https://gnosis-safe.io/app/eth:0x7163beE2a0a4C75D1236Bf053E429f86eB45426E
For more information
- Website: https://fries.fund/
- Gitbook: https://friesdao.gitbook.io/friesdao-docs/
- Github: https://github.com/friesDAO
- Twitter: https://twitter.com/friesdao
- Discord: https://discord.gg/friesdao
- Coingecko: https://www.coingecko.com/en/coins/friesdao
Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
Wallet : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576