FDC will operate on a consensus model for
decision-making. Proposals submitted require 60% or higher votes for adoption.
To submit new proposals, a token amount is to be deposited and used to start the application, a failed proposal results in the deposits being burnt, and with a successful proposal the tokens are returned. This is to stop spam.
FDC uses a multi-sig wallet as its treasury, the movement of funds must be signed & approved by the appointed personnel.
As the Dao grows, members would research & recommend new verticals for expansion.
This is an area we are looking into.
We are using the SIWE to authenticate the user, as we are decentralized we keep no user data.
We believe in running any project with honesty and full transparency from the get-go. The FDC consensus model will not be token-weighted but one vote per account.
If you are looking for ways to grow your $$$, there are a number of factors to consider.