πProfit-Shared Equitably
FATExDAO seeks commercial value beyond FATExDEX through DLT-disruptive products/services.
FATExDAO will seek to guide regulatory oversight and opinion of digital asset creation.
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.
Anonymity is not possible. Transparency, public service and trust is required for a true DAO.
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.
Profit will always be shared 72-100% with the FATExDAO membership. For membership & future investor purposes, there needs to be underlying legal protection and disclaimers.
Human longevity, financial responsibility and education for future generations is the underlying principle.
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