For the ‘Genesis’ collection, a portion of the fund (70%) will be channelled to the ****Mission Giving Fund (MGF). The MGF will be used exclusively for the purpose of missions giving and will operate like a sub-DAO.
Apart from the ‘Genesis’ pledged amount, all decisions related to the MGF must be passed through with formal voting from DAO Token Holder(s).
MissionDAO Token Holders that hold the ‘Genesis’ NFT will govern and manage the funds that was raised from ‘Genesis’ collection in Mission Giving Fund (MGF), together.
Likewise, when the ‘Exodus’ collection is live, only MissionDAO Token Holders that holding the ‘Exodus’ NFT will govern and manage the funds raised from ‘Exodus’ in Mission Giving Fund (MGF).
We will begin by pledging a portion of our earnings to an initial list of missionaries that have been pre-determined by the MissionDAO team. The list of missionaries that we’ve chosen will be supported on a once-off basis, to meet clearly-defined ministry needs. They can expect to receive the money after a 24 hour vote on Snapshot Protocol is established which will be called within 48 hours once we have hit the 25% Mint Milestone.
Missionaries who receive the money will also be required to make their mission reports available to the Mission DAO community for transparency and accountability.
After this initial list of missionaries receive the amount pledged to them and once we have hit the 75% Mint Milestone and hiring of 2022 Q2-Q3 team is completed, DAO Token Holders can discuss, propose, and vote on mission spending from the Mission Giving Fund (MGF) - which requires a supermajority vote of >65%. We will also add in more due diligence processes in the future.
For security reasons, we will keep the identities of the missionaries/ministries in closed-access nations or doing sensitive ministry work hidden, except to the Mission DAO team. All other missionaries will be fully doxxed.
As the next frontier of human history, the Metaverse is the future of human connectivity. We anticipate an increasing and rapid uptake in Metaverse users, especially amongst the youth. As such, we are keen to be the first to pioneer a Kingdom work in this field.
Advancing the Kingdom of God in the Metaverse can take on many expressions: from buying land and building beautiful Cathedrals to display the glory of God, to organising evangelistic rallies to save souls, or even hosting conferences to equip the saints. There are endless possibilities in this space.
To decide on the specific digital mission strategy, we will host regular Town Halls for DAO Token Holders to discuss, propose, and vote on the specific course of action. A research and development team will then be hired to work in this space.