Creatives’ DAO mods, community members, GWG and countless ecosystem communities and members have participated in shaping what is a historic moment for the NEAR ecosystem as Creative DAO becomes the first of all Grassroots DAOs to go independent and ready to get funded by the NDC v0.
With 80+ communities globally and members in over 25+ nations, it was a huge task to create a community based charter and processes that will ensure core tenets of decentralisation and growth of the NEAR ecosystem.
The process began with a community led charter. The first draft was developed by the CDAO councils around 1st March. Along side conversations began with Walkers the legal company who help us set up the trust instrument.
The charter draft was presented to the community and members from all verticals and major ecosystem players participated in refining the charter and gave feedback for over 2 weeks.
Post collation of feedback and implementation of changes, the final charter was locked on 23rd of April.
CDAO councils then started the work on the legal documents along with the support from Near Foundation and an enforcer to ensure the draft is fit to be locked for the trust instrument.
Going forward, Creatives DAO will be funded by the NDC initiative.
As we have it has always been an advocate of decentralisation and community led initiatives, we would do everything our capacity to ensure growth of the ecosystem with meaningful projects that can take charge of the governance as envisioned by @illia , the NDC and all the members of NEAR community.
The Creatives DAO Trust Instrument was established under the jurisdiction of Guernsey Law, with four initial councils serving as trustees and one enforcer. This legal document provides a comprehensive framework that governs all aspects of the DAO’s operations that are jointly reflected in the Creatives DAO Charter.
By implementing the Trust Instrument, Creatives DAO proudly becomes the first grassroots constellation on NEAR to independently manage its community treasury, with full protection under the Guernsey legal system. Throughout the operational journey, Shweta Sangtani, the Enforcer of the Trust Deed, offers expert legal counsel to ensure compliance and facilitate a smooth and legally sound functioning of the DAO.
We would especially like to thank a few key players who were a part of helping us and supporting us in this journey:.
@blaze, @sarahkornfeld, @Kazander, @atrox1382, @shreyas, @fiatisabubble, Bianca - NF legal Head, Chris Donovan - Legal Counsel NF Shweta Sangtani - Trust deed Enforcer, Walkers - Legal company.
And I’d like to also thank the Creative DAO Councils
@Paul @williamx and @kc_sollano
who put in tremendous efforts, worked late hours and went out of their current scope of work to make things happen without ever losing slightest of motivation, passion and determination.
Thank you guys!
We as Creatives DAO have redefined our metrics and our functioning in the past few months.
Our 5 high level goals are
Growth of meaningful communities
Partnerships within ecosystem to increase cohesion and support
External partnerships to create awareness outside of NEAR and onboard creatives globally
Develop creative web3 products and services that serve the creative communities
Showcase our communities and represent ourselves inside and outside the ecosystem
Thank you all who made this happen. This is just the start