Rules for the DAO
The KatsCo DAO is guided by both the KatsCo team and the community, which includes donors, node validators, stakeholders, and DAO NFT holders. Together, we make decisions that shape the ecosystem and ensure fairness, transparency, and long-term sustainability.
Voting & Decision-Making
Decisions are made through smart contracts, using a combination of staking, governance tokens, and DAO NFTs.
Each contributor is allowed one vote per proposal. In the rare event of a tie, the KatsCo team will cast the deciding vote.
Votes cover donation distribution, technology, product development, projects, token allocation, and governance structure.
Contributors, node validators, and recipients can submit proposals for programs, events, or NFT collections, which the team reviews before putting to a community vote. Only proposals that benefit the DAO and the community are approved.
Benefits for Contributors
Twice a year, DAO members gain exclusive access to the Galileo Market to mint their own NFT collections.
A portion of minting proceeds is returned to the DAO treasury as donations, keeping the system transparent and sustainable.
Asset Preservation & Transparency
All DAO assets, including virtual and physical donations, are preserved in a decentralized and secure manner.
The DAO operates as a non-profit, focused on supporting users globally, while offering some financial benefits for contributors.
Soft KYC is required for crypto or financial donations to ensure proper distribution, but physical donations do not require KYC.
The DAO is committed to helping recipients regardless of country, regulations, or sanctions that might otherwise block access.
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