(2) Board

For the success of the DAO, We need a passionate core team that can promote projects to bring in new holders and increase the value of the vault. DAO's Board is the core team that strives to maximize the profits of holders by performing all practical tasks. Board will utilitize monthly budgets approved by the DAO for efficient work performance and aggressive expansion of our organization. The board budget will be used for the recruitment and remuneration of the Working Group, which will cover marketing, moderation, legal, and fund operation, and various expenses incurred during external collaboration. Board, as an administrator of the community vault, executes fund usage approved by the DAO vote and manages the assets. We plan to create a multi-signature system that the usage of the fund could only be excuted by the signagture of more than two members of the Board. In addition, Board will manage and operate the proposal systems of the DAO.

The founders will be the first Board members of the StarCollector DAO. However, founders may resign or be dismissed by the DAO Special Resolution, we will not permanently last as Board members, and may be replaced by the appointment of a new Board member.

(A) Usage of Board budget

  • Advertise and conduct projects to enhance the value of the vault

  • Recruit and provide remuneration to the Working Group

(B) Execute usage of the community vault

  • Purchase and liquidation of NFTs

  • Execute usage on other projects approved by the DAO

(C) Operate DAO proposal system

  • Approve and register proposals discussed in the community

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