citydao
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Questions for legal

Question I want to answer:
 
Current problem: Suggested separation of InvestorDAO and CommunityDAO creates an incentive where accredited investors buy land and take on risk, and community DAO gets to manage it. How can we unify it? Not a good system for investors
Can InvestorDAO be rewarded with tokens
Can only the investorDAO make money from the land?
Can DAO with Wyoming LLC purchase properties in other states?
Can non-US investors participate in the Investor DAO?
yes, easily
Can CityDAO token ever be used as a currency to pay for things within the DAO?
Could a parcel be subdivided into individual NFTs?
Can we promise investors future CityDAO governance tokens, or is that a bad idea? The investment Wyoming land itself isn't that exciting and might be hard to round up investment for, but if I can promise a gov token it would help
 
 
 
other thoughts
Syndicate's proposed two separate DAOs
• Can we have governance token for CityDAO community
  • Under investor DAO approach, CityDAO community owners would just make recommendations to the investor DAO, and investors are allowed to improve and feely build on the land? So in this case, they are allowed to make improvements to the land? • Would the investment DAO forever be limited to these 99 - so we’d have to form a different DAO for a different land if we ran out of slots?
 
506b - can take money from ppl with pre-existing relationship
506c - no pre-existing relationship but must be accredited
 
 
Notes:
launch day 1 decentralized
voting - does that count as efforts of others
do not give myself founders tokens
every decision is up for a vote
can you make voting required
people will not physically participate in most cases
designate specific people to get quotes
managerial decisions being made by community
 
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