15. ποΈ Conneth Foundation
π Name
Conneth Foundation
π Jurisdiction (Suggested Options)
Switzerland π¨π (Crypto Valley, DAO-friendly)
Singapore πΈπ¬ (Blockchain-forward regulations)
Cayman Islands π°πΎ (Flexible for token entities)
Final jurisdiction to be chosen based on legal consultation and DAO input.
π§ Mission Statement
The Conneth Foundation exists to:
Steward the growth and decentralization of the Conneth Protocol
Provide legal, financial, and operational support to the DAO
Serve as a gateway between Web3 innovation and real-world adoption
We uphold the principles of:
Trust through verified human connections (PoC)
Privacy-first communication
Decentralized ownership and governance
π― Core Objectives
Protocol Governance
Manage and upgrade Conneth's core smart contracts
Act as guardian during early DAO phases
Token & Treasury Stewardship
Oversee allocation of $CONN token supply
Administer multisig wallets, DAO budget and grant disbursements
Ecosystem Development
Issue builder grants and bounties
Support dApps and services on top of Conneth
DAO Legal Support
Protect DAO contributors from liability
Publish transparency and compliance reports
Exchange & Listing Compliance
Facilitate token listings by providing official docs and legal registry
Education & Advocacy
Launch ambassador programs
Promote digital identity, PoC adoption, and open governance models
π₯ Proposed Initial Board Roles
Chair
Legal governance and compliance
CTO
Technical roadmap and audits
Treasury Lead
Oversee $CONN management and grants
DAO Liaison
Represent the community and relay votes
Roles subject to DAO confirmation and expansion.
π Treasury Management
Managed via Solana-based multisig wallets (e.g., Squads)
DAO-governed expenditures (via proposal/vote system)
Quarterly transparency reports published in GitBook
π
Timeline
π’ Phase 1: Foundation Charter Live
π‘ Phase 2: Legal Formation + Board Setup
π΅ Phase 3: Operational Launch with DAO and Grant System
π Note to the Community
The Foundation is not here to control β itβs here to protect and amplify the vision of Conneth.
One day, the Foundation will step back and let the DAO run fully β when the trust graph is strong enough to support it.
Stay connected. Build freely. Govern wisely.
π§ Trust, Connect, and Earn.
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