• Raise funding to the DAO from investors, for profit
• Distribute profits to DAO contributors, per the value they create (~ patronage dividend)
• Decentralized governance (DAO) → decision power to contributors ~ value they create

• Acquire IP from existing owners with DAO shares or future revenue, without a tax event
• Be open to contributors and leadership globally

Current status:

• 5-20 members at kick off (different stages of commitment and contribution)
• Most from Israel (non US residents, some US citizens)
• Want to register the entity and raise funding as soon as possible (~ 1 month)
• Common app - common.io
• Common IP acquisition from owners