Treasury

From the Community. For the Community.

Daoing is created to honor the spirit of true decentralization, so we offer a transparent mechanism for the community to understand how we raise funds and how we spend those funds.

Currently, there are only two ways for the community to support us, which are

  1. Subscribe to our Memberships, or

  2. Donate to our Treasury

All the crypto payments we receive will go into the Treasury account.

And here is how we are going to spend the funds in the Treasury (subject to the voting results of the FounderDAO):

  • Pay the bills for any development-related expense (e.g. Gitbook subscriptions or the costs involved in deploying Smart Contracts)

  • Pay a contribution-based salary to all the developers contributing to this project

  • Pay for grants/rewards for bug bounties etc.

  • Pay the expenses for promotional activities (subject to prior sign-off from FounderDAO)

  • Pay salaries to FounderDAO members who devote their time and resources to the growth of the Daoing ecosystem

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