KlimaDAO Forum

A common theme at KlimaDAO has been being stuck in the middle of being pure on-chain "DAO", and being a relevant organisation in the VCM which is a close-knit (and sometimes guarded) market.

One of KlimaDAO's key objectives defined in June's Strategy Document was to:

champion the principles of Web3 in environmental commodities markets, in order to establish greater trust and acceptance of the technology

The Doc then goes on to talk a lot about defining KlimaDAO's role in the market, and becoming a more trusted entity.

I see the proposal in this RFC as enabling KlimaDAO to more seriously fulfil these objectives.

From a contributor perspective, this feels like a good solution to help KlimaDAO move forwards with near-term legal priorities / requirements, and generally continue to mature as an organisation, whilst allowing the contribs / community / DWG to continue defining how the DAO operates as a decentralized entity.

Specifically, I would guess this transformation would allow Klima to pass KYB with compliant treasury yield opportunities; do VERPAs with market stakeholders; be part of industry associations etc, all of which I know have been challenging with the current structure?

If so, I am supportive so KlimaDAO can move forwards to its next phase / iteration.

@AndrewSaul - I disagree around "necessity" - do personally think this is necessary for the DAO to move forwards (per above comments). Regarding the jurisdiction, assume the legal team have assessed options here - open to more insights from them on their process on landing on Cayman. My -- admittedly fairly weak -- understanding is that Cayman is generally a favourable jurisdiction for DAO's who want to / need to go the Foundation route, particularly non-profit ones.

DJ gets my vote!

Very much in favor of this proposal in general. Regarding jurisdiction, I'm also skeptical of Cayman. I thought Zug/Switzerland was the go-to place for serious DAOs. What are disadvantages of Switzerland?

And then: Who the f*** is ThereisonlyoneDJ? This guy has literally only ever said "gm" on the KlimaDAO discord and that a whopping 750 times. Shouldn't the person at the helm of KlimaDAO be the one who is most respected and can best represent us within the carbon markets? Is it really (ever?!) a good idea to put a lawyer in charge?

By the way @TheLawyer: your link to the "sophisticated legal framework" doesn't work.

TheLawyer 0xy_Moron Sorry for being a bit flippant. I was just extremely surprised to be presented with a canditate for the presidency who has never publicly represented KlimaDAO before and who I, as a community member from the very beginning, didn't even know existed.
My main concern remains, which is that I expect the president of the Klima Foundation to be the main representative of the org within our field of operation, which is the carbon markets. Do you agree or do you see the role of the president differently? If so, I would suggest it should be someone with a strong background in carbon markets, who has a personal network in these circles. But that's just my opinion. I'm happy to be convinced of ThereisonlyoneDJ's merits.
Please be cognizant that the position of president is supposed to be awarded by community vote. So the community needs something to judge candidates by. Right now, for me, ThereisonlyoneDJ is a dark horse.

You should read the post in its entirety: it's clearly written the scope of the foundation.
as per the president, the first point is understanding the dao, the DCM, the ops/legal side of the DAO and being with us since day 1 (or even before). and at the present moment, there is no better candidate
if the presidency will evolve, i'm sure DJ will step down for leaving the chair to someone else.