# Profit-Shared Equitably

FATExDAO will seek to ***guide regulatory oversight and opinion of digital asset creation.***&#x20;

Founders and members must be political activists - the point of this is to drive real change politically and economically.

That requires setting fiduciary standards.

The disclosure is that the trademark & property rights are *technically* owned by Austin B. Green & corporate affiliates.  As soon as the DAO can be officiated as an entity, which is part of the purposes of the mission. &#x20;

*Anonymity is not possible.*  **Transparency, public service and trust is required for a true DAO.**   &#x20;

### When registered as a security, FATE will serve as a governance token that will also convert to FATEd: a dividend-paying, profit sharing token, allotting net profit surplus (income after all operational expenses and cash-flow requirements for the DAO's business long-term business objectives, including buffers in the event of economic downturns) distribution to members equitably.

There is no *legal* promise of investment return, profit sharing or lack of risk - ***however, the DAO will do its best to change that immediately.*** &#x20;

Profit will always be shared 72-100% with the FATExDAO membership. **For membership &&#x20;*****future*****&#x20;investor purposes, there needs to be underlying legal protection and disclaimers.**

*Human longevity, financial responsibility and education for future generations is the underlying principle.* &#x20;
