by 0x511a22cdd2c4ee8357bb02df2578037ffe8a4d8d (ginoct)
Linked Pre-Proposal
Should we restructure the way our DAO operates?
Summary
This proposal seeks approval of the mission of the Decentraland DAO: To ensure the sustainability of the Decentraland ecosystem through representative governance, efficient management of collective resources, and technical innovation.
Abstract
The Decentraland DAO plays a critical role in the long-term sustainability of the Decentraland ecosystem. By defining its mission, the DAO will be equipped to drive meaningful governance decisions, manage its resources better, and drive innovation for the Decentraland protocol. This proposal presents the mission for approval, ensuring that the DAO is aligned with Decentraland’s shared proposed vision: “Own your digital life through open standards to enable social connections.”
This proposal came up after conversations held at the DCL DAO: Regenesis meeting in September 2024.
Motivation
The Regenesis Summit aimed to discuss and define the vision and mission for the Decentraland DAO, establishing its purpose within the ecosystem. Participants agreed that Decentraland’s vision should be ever-lasting and shared across the community, while the Foundation’s mission should focus on short- to mid-term goals and the DAO’s mission on long-term objectives.
The shared vision is to “Own your digital life through open standards to enable social connections.” Although the DAO is not solely responsible for achieving this vision, its mission is essential in sustaining the ecosystem through governance and innovation, empowering users to control their digital experiences.
Key motivations include:
- The need for a mission that enables the community to actively shape Decentraland’s future, in alignment with the broader vision of open standards and user ownership.
- Providing long-term clarity for the DAO’s operations enables it to lead innovation within the metaverse.
- It is necessary to clearly distinguish the roles of the Decentraland Foundation and the DAO, with the Foundation focusing on infrastructure and the DAO on governance and collective resources management.
Specification
The mission proposed for the Decentraland DAO is as follows:
Mission: Ensure the sustainability of the Decentraland Ecosystem through representative governance, efficient management of collective resources, and technical innovation.
The DAO’s mission is focused on the long-term sustainability and success of the Decentraland ecosystem. By concentrating on governance, resource management, and innovation, the DAO seeks to secure the platform’s future for its community, developers, and creators.
Key elements of this mission:
- Governance: Establishing representative governance ensures the DAO reflects the community’s voice and aligns with Decentraland’s goals while maintaining efficient decision-making.
- Collective Resources: The DAO supports creating, curating, and discovering metaverse content. It also manages the Treasury to secure the project’s future, fostering a community of people committed to Decentraland’s vision.
- Technical Innovation: By supporting innovation, the DAO keeps Decentraland at the forefront of metaverse technology, promoting decentralization and open standards.
Responsibilities of the DAO:
- Fund strategic projects that improve the experience of visitors, creators, and developers: The DAO will allocate resources to projects that enhance the in-world experience for visitors, streamline creation tools for creators, and lower barriers for developers to build in Decentraland, all while adhering to the core values of openness, decentralization, and respect for privacy.
- Safeguard the critical smart contracts of the project: As a decentralized organization, the DAO will ensure the security and integrity of the key smart contracts that underlie the functioning of Decentraland, maintaining the trust of the community.
- Manage the Treasury responsibly to extend the runway of the project: The DAO will focus on long-term financial sustainability, managing its treasury in a way that maximizes the runway and ensures the continued growth and evolution of the platform.
- Enable stakeholders to participate in decision-making about the project’s future: In alignment with the vision of enabling individuals to “own their digital life,” the DAO will create mechanisms and opportunities for community members to actively shape the direction of Decentraland, reinforcing decentralization and community ownership in the governance process.
Additionally, this mission, along with the shared vision of Decentraland, should be clearly stated and reflected in all relevant documentation of the DAO, including governance processes, communication materials, and any documents that represent Decentraland, the DAO, or the project as a whole.
Conclusion
By approving this mission, the Decentraland DAO will be positioned to take decisive actions that ensure the sustainability and growth of the ecosystem. This mission will serve as a foundation for future governance decisions, aligning the DAO’s actions with the broader goals of the Decentraland project. The community is encouraged to participate in discussions, provide feedback, and vote to approve this mission, setting the stage for a more empowered and sustainable DAO.