DaoRoyals smart contract

[chris macrae]

Back in 1843 you might argue The Economist was the first Daoroyal- its founder James Wilson set it up informally/formally with queen victoria as weekly royal society chat sheet -how to chnage english constitution from britannia rules waves to never be slaves to commonwealth

when did the economist sell out to monetisers- well certainly long after 1951 when neuamm einstein turing trusted ed geoffrey crowther with future ladeship surveys of valuing brainworking engines- still going strong when jfkennedy 1962 endorsed www.economistjapan.com as central to his intelliugence chaklenges of 1960s

satellite and moon races - peace corps- triad ploar world trade pacific to atlantic worldwide  - japan and far east to us west coast to us east coast and Un to switzerland itu with hopefully EU following suit which it didnt when messina dna 1955 was chnaged by common ag policy

help us gamif ai ar=t www.aigames.solar and ask bard to choose when did the economist lose its unique ai very good platform

DaoRoyals Smart contract version 0 11/11/22 please note while versions  will change recursively it is not intended to substantially change logics of Massive App Cooperation (MAC) (DaoRoyals.docx file) - questions welcome [e-mail]

1.0 Phase 1 of DaoRoyals seeks to select up to 2000 commons members united by sustainability goals/systems of the UN and Royals as Public servants of the world. Particularly treasured is the English-Minded Intel of Queen Elizabeth 2, and now advanced by King Charles. Whilst valuing their extraordinary consistency our relationship trusts are  entrepreneurially influenced by Scottish Diaspora maps of worldwide humanity, typically Adam Smith moral sentiments first chartered in 1758.

1.01 My father Norman Macrae's life has a dotted line connection with Prince Charles and mediation with the Japan Royal family from 1962. Dad's last days as a teenager were spent as a navigator Allied Bomber Command Burma. Surviving world war 2, my father believed optimism to be essential to would-be global journalists. For example, once he was permitted to sign an annual survey in The Economist from 1962, dad chose his wartime enemy Japan as his first reconciliation survey. He was joyfully surprised to observe that Japan had transformed - from being the main Empire along with the UK to have been history's root cause of underdevelopment of most of the world's peoples (Asians) to connecting Asia Rising Models. JF Kennedy agreed with my father's survey but after his assassination, it was left to the 16 year old Prince Charles at the Tokyo Olympics to emerge as the first leading connector of Japan and Europe. Specifically Charles met Akio Morita and asked him to consider Wales for Sony's first inward investment in Europe. It helped that by the 1960s the Japanese Emperor's family's favorite sport was English tennis and later their son became an Oxford graduate in environmental studies - both networks Charles deeply empathised with. Dad became an occasional, if anonymous scriptwriter for Charles tours to Japan. Significantly to the 2020s, eminent British business families such as the Sainsbury's have been central in continuously orchestrating arts and environment royal societies in line with Charles' worldwide compass. The King continues to be an extraordinary undercover convener of changing human condition, Consider this week at Bloomberg live cop27 - report on regenerative agriculture led by Mars business executive who credits its leaps forward with being convened by Charles while he was still prince https://a.storyblok.com/f/109506/x/6cf9528552/smi-sustainable-build... 

\1.1 We invite members to choose a number between 2 and 2000. If you are particularly concerned one sustainability goal, consider such choices membership ids as between 100-199 end poverty, or 500-599 women empowered community building, or 1700s highest trust partnership platforms to urgently regain youth's sustainability. Memberships number 2-99 are recommended for artists, mathematicians tech wizards or indeed any interdisciplinary and massively joyful connections of intel and emotions relevant to the challenge which my farther first agreed to survey with von neumann in 1951 - what goods will peoples unite with 100 times more tech every decade?

Membership identification is first come first served among invited applicants. You don't have to conform to the recommended numerical bands above but we will be reaching out to identifiable sdg groups. For example from spring 2023 www,sdgmetaverseprize.org aims to have identified thousands of youthful storytellers curated by goal and maximum media changes of the 2020s. Or as another example, within the UN. we will be surveying practice branches eg Rome's food ops to understand both their favorite Goal 2 cases for youth and educators to celebrate- and how tech and human intel can differentiate the futures of sustainability and extinction

1.2 Once we have reached 1000 registered members (hopefully by spring 2022) we will ask for a contribution (recommended sum 100$ but 5$ or up is fine). This will be used to put membership numbers on blockchain. A committee of members will be chosen to quickly suggest 2 or more ways of doing this. One way will preserve a basket of paper currencies as the the Dao's treasury; the other will likely recommend a move to a basket of crypto currencies. Our overarching Cooperation purpose "Decentralisation" seeks to reallocate both investment and actionable learning as well as deep data mapping to communities. And to celebrate leaps forward such as UN2.0 maps https://www.un.org/techenvoy/content/ongoing-work which offers the younger half of the world the change to be the first generation cooperating in sustainability prioritised by the most urgent 2020s leaps all 8 billion human brains need interconnecting. Our 21st C searches have unearthed an alarming metric: today over half of all teachers and students time is wasted due to mismatches between curricula examined and practices millennials need to experientially and communally work on. This rough picture illustrates this mismatch which was not possible to openly debate until 2015's launch of the Sustainability Development Goals.

 

1.3 Our associates in Glasgow has suggested making June 2023's 265th Adam Smith's moral sentiments gathering a celebration of microeducationsummit. As well as an opportunity to clarify faultlines in English Empire education Smith diarised, as an education consultant, we value the futurist lens of HG Well's: Civilisation is a race between education and catastrophe. We hope that Glasgow can also offer a borderless stepping stone to UN year 2023-4 which leader Guterres has earmarked as assembling Summit Future.

1.3.1 ff dao members have the time to do so, Glasgow would welcome multiple experienced committees zooming in or convening in Glasgow. Since 2008 the moral sentiments events diary has been under the same home team's direction, as has the archiving of Adam Smith and parallel scholars interpretations of human relationship systems. This has been celebrated with the launch of 2 new academic journals new economics and social business both designed to value women's productivity as much as men, and youth's demands for the future as much as their elders

1.4 It should be noted that neither I as initial smart contract editor nor the Glasgow team have the youthful brainpower to be long term organisers of DaosRoyal. We welcome dialogues with by June 2023 or 2024's publication of 2025report.com last edition. While my father Norman Macrae with Economist journalists led Von Neumann's survey 1951-1972; I became interested in educational challenges from 1972. This is when I completed my MA in statistics at the UK's main maths lab DAMTP and applied to my first full time employer - National Development Project Computer Based Learning Project, University of Leeds. Way ahead of its time, its groundbreaking research became integrated in my fathers future histories of going digital worldwide (harmonising NEWS North East West South human advancement) as well as the hypothesis that millennials' sustainability would depend on hi-tech  identification of every human with a skills dashboard and a personal AI trainer/curator of next experiential learning Ops.

From 1984 i joined my father in publishing future history genre 2024/5 reports and after his retirement from 40 years of full time sub-editing of The Economist I did some of the background research for my fathers biography of Von Neumann I mention this as an interpersonal driver of my beliefs in technology's unprecedented exponential opportunities and threats to all our 20202s situations-  in case this is relevant to your membership choice. I have also mentioned a belief in decentralised finance. This was core to my father's projection of web2.0 by 2005 as you can see in chapter 6 fintech to end poverty of 1984's 2025report. I do not claim to understand NFTs but i search for trustworthy ones with diary notes at eg www.worldclassdaos.com and www.nftsdgs.com

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More detail on local-global lens brought by Diaspora scots to last  Cuarter (of Millennium) human development.

1.0.1 1758 @Glasgow was an interesting time to charter human being's:  -- Adam's Moral Sentiments was the last one published on human relationship before the inventions of engineers; and it was complimented by Adam's first-hand observations during the first 16 years of engines and consequences for nations. We interpret what Adam meant by freedom as arguing for transparency of markets in which enough buyers, sellers and suppliers knew about the costs and qualities of a markets offers. It was only with 100% transparency that Smith argued connections of self-interests would advance the market's purpose to develop humans across nations and all around mother earth. Actually Smith's 1758 work did not solely attempt to define markets but how their system potentials interfaced with various man-made systems including human cultures and languages and nature's  diversity of forces.

50 years before Adam's publications a small group pf hotheaded scots had tried to manually dig the panama canal. This caused Scotland's finances to fail as a nation - so Adam was writing from the perspective of being a colony of London. He appears to have wanted to open source the benefits of engineering and Scots as becoming peoples who mainly lived worldwide than on their own far north land. His work can be read as wanting to unite states of engineering and worldwide friendly people without London taking an Empire cut of everything. Since 2010 both Adam Smith scholars work and our understanding of The Economist as a newspaper from 1843 has been hubbed out of Glasgow University Student Union.

[chris macrae]

help welcomed with youth economics curricula

COURSE INTRODUCTION: DONT YOU JUST LOVE ECONOMICS, MEDIA & JOB CREATION? week1 : 8;times more affordable health -gamechanger free nursing college Week 2 billion times more job creating education Video SEARCH ..

What have net generation alumni of The Economist's 3 billion jobs curriculum of Entrepreneurial Revolution learnt 1972-2014?

who's curricula would you like to see on World Bank's Open Learning Campus or on Khan Academy -  Yunus, Gorbachev,  Soros, Abed, Jim Kim, Joi Ito - other world record job creators -help 20000 youth and nobel Laureates converging on Atlanta Nov 2015 (and cape town 2014) to assemble this.................

Job-Creating Alumni 7  6  5 4 3 2 1

 Gross Worldwide Productivity : 7 billion humans' productivity is currently valued at about 64 trillion dollars -what's going to exponentially spin next?

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Story of 2014 -how 20th C progressed from liars, damned liars and s....... worldwide youth's way out??

March014 finds 1

43rd Entrepreneurial Revolution Youth Networks Celebration - [e-mail]  Norman Macrae Foundation- Youth Capitalism Washington 

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Youth and WorldViews of Norman Macrae 1972-2015

  old homepage

building%20europe.pptx

un2coopminus.pptm

[chris macrae]

this is as good as i have seen on hiw to transparently build dao - pls mail me if you have stuff of this soirt [e-mail]

Decentralized Autonomous Organizations, or DAOs, have become a popular way of managing projects and communities. Simply put, a DAO is a digital organization that operates based on smart contracts. Decisions are made by members of the organization according to the model’s structure.

While the concept of a DAO is straightforward and may seem like the ideal type of organization for a crypto project, managing it is not easy.

In this article, we will discuss the key stages that the project team should take into account when choosing the DAO organizational structure.

The first stage is to define the goals and management structure of the DAO

The first thing to consider when creating a DAO is its goals and objectives. A DAO can be created for various reasons such as fundraising, investments, asset management, and more. The project team develops a structure, management mechanisms, and decision-making processes depending on the organization's tasks.

The management structure in a DAO can be democratic, meritocratic, or a combination of both. A democratic management structure means that each participant has an equal vote in decision-making. For example, if 100 people participate in a DAO, each has one vote for any decision.

In a meritocratic management structure, participants with a larger number of tokens have more weight in decision-making. If 100 people are participating in a DAO and one participant owns 50% of the tokens, their vote will carry more weight than any other participant's vote.

A combination of democratic and meritocratic structures is also possible. For example, a rule could be established where each participant has one vote, but participants with more tokens are granted an additional vote.

Aragon Network is an example of a democratic management structure in a DAO, while MakerDAO is an example of a meritocratic management structure.

Depending on a DAO's specific circumstances and goals, one governance structure may be more effective and fair than another.

For example, a meritocratic structure may be useful in cases where DAO participants want to reward those who make a greater contribution to the project's development. However, a meritocratic structure leads to the concentration of power and resources in the hands of a small group of participants, which may contradict the ideas of decentralization and equality that underlie any DAO.

The second stage is to choose the type of membership that suits the DAO's goals

DAOs can have two types of membership: open and closed. Open membership means that anyone can join the DAO and access its functions, such as voting on decisions. An example can be a DAO that develops open-source software.

Closed membership means that the DAO has certain criteria for joining, such as level of education, work experience, or financial capability. An example can be a DAO that invests in startups and requires members to have a certain level of participation.

Some examples of DAOs with closed membership:

• MetaCartel Ventures invests in early-stage projects on the Ethereum blockchain. To join the DAO, one must receive an invitation from current members or go through an approval process.

• The LAO invests in blockchain and cryptocurrency startups. To join the DAO, one must fill out an application and receive approval from current members.

• Flamingo DAO invests in NFT collections and infrastructure. New members must purchase a certain amount of tokens called FLM and receive approval from other members of the organization.

To determine which type of membership is suitable for a DAO, one needs to look at the goals of the organization. Open membership is suitable for projects where it is important to attract the maximum number of participants for the functioning of society. Closed membership is suitable for DAOs where it is important to attract qualified and experienced participants who must contribute to the development of the project.

The third stage is to determine the future tokenomics of the project

In simple terms, tokenomics refers to the token economy of a DAO. Tokens can be used for voting rights, staking, or as a means of exchange. When choosing a tokenomics strategy, the following aspects should be considered: how tokens are distributed among participants, how votes are managed, what privileges token holders have, how mining or token issuance occurs, and so on.

Here are some possible uses of tokens in a DAO:

• Utility tokens are used to pay for products or services provided by the DAO. They can also be used to pay fees or other charges within the organization or blockchain.

• Security tokens — digital equivalents of securities, such as stocks or bonds. With these tokens, investors receive dividends and can participate in voting on important decisions within the community.

• Voting tokens are used to vote on decisions related to DAO management. Each token can represent one vote. As we mentioned earlier, in some types of DAOs, the more tokens an investor has, the more influence they have on decisions.

• Governance tokens — with these tokens, investors can vote on changes to DAO rules or the appointment of new managers.

• Stablecoins — tokens that are tied to fiat currencies or other stable assets such as gold. These tokens allow investors to store their funds in a stable currency and use them to purchase goods and services within the DAO.

This is an incomplete list of token types in a DAO. It is not necessary to create a separate token for each use case - one token that combines several functions is sufficient.

Risks and Challenges of Creating and Managing a DAO

Creating your own DAO on the blockchain can have many benefits such as increased transparency, efficiency, reduced costs, and more.

However, like any project on the blockchain, it can also have its risks that need to be considered.

Security. A DAO can be the target of attacks by hackers, scammers, and other malicious actors. This can lead to fund theft, smart contract destruction, or other problems that can damage the reputation of the DAO and its participants. To secure the organization from attacks, reliable infrastructure and a team of experienced and competent developers will be required.

Regulatory Issues. Blockchain and cryptocurrencies still operate in the grey area in many countries. In some jurisdictions, DAO activity may fall under certain regulatory requirements, which can lead to prohibitions, fines, or other negative consequences. It is necessary to carefully study the legal environment and obtain legal advice to reduce risks.

Weak Governance Structure. A DAO does not have centralized management, which sometimes creates problems in decision-making and resolving conflicts between participants. If members of the community do not trust each other and drag out votes on important organizational issues, this will harm the efficiency and success of the DAO.

Issues with Financing and Tokenomics. Ineffective tokenomics can lead to problems. Price volatility, low liquidity, voting centralization, lack of incentives for community members - if the DAO tokenomics are not well thought out, it can lead to project failure.

Market and Price Risks. The cryptocurrency market is usually unstable and unpredictable. The value of the DAO token can fluctuate, which can affect the ability of the DAO to operate and achieve its goals. In addition, DAOs are vulnerable to market manipulation and price speculation, which can lead to financial losses for the DAO and its members.

Basic Rules for Creating an Effective DAO

DAO is a unique form of organization that allows members to make joint decisions and manage projects without intermediaries or centralized authorities. However, creating and managing a DAO is associated with significant risks related to the security and reliability of the technological infrastructure, as well as the possibility of manipulation and hacker attacks.

To avoid these risks, it is necessary to carefully consider every stage of creating and managing a DAO. This includes choosing a reliable blockchain platform, defining a management structure, and planning the project's tokenomics. It is also important to ensure a high level of security and reliability, using advanced technologies and algorithms, and regularly conducting audits and checks.

Managing a DAO can be a promising and effective solution for many projects and organizations, but only with the right approach and careful work on security and reliability.

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by Sergei Khitrov @serkhitrov.Founder & CEO of Jets.Capital, an private investment fund; founder & CEO of Listing.Help agency and Blockchain Life.