15. πŸ›οΈ Conneth Foundation

πŸ“œ Name

Conneth Foundation

🌍 Jurisdiction (Suggested Options)

  • Switzerland πŸ‡¨πŸ‡­ (Crypto Valley, DAO-friendly)

  • Singapore πŸ‡ΈπŸ‡¬ (Blockchain-forward regulations)

  • Cayman Islands πŸ‡°πŸ‡Ύ (Flexible for token entities)

Final jurisdiction to be chosen based on legal consultation and DAO input.

🧭 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


🎯 Core Objectives

  1. Protocol Governance

    • Manage and upgrade Conneth's core smart contracts

    • Act as guardian during early DAO phases

  2. Token & Treasury Stewardship

    • Oversee allocation of $CONN token supply

    • Administer multisig wallets, DAO budget and grant disbursements

  3. Ecosystem Development

    • Issue builder grants and bounties

    • Support dApps and services on top of Conneth

  4. DAO Legal Support

    • Protect DAO contributors from liability

    • Publish transparency and compliance reports

  5. Exchange & Listing Compliance

    • Facilitate token listings by providing official docs and legal registry

  6. Education & Advocacy

    • Launch ambassador programs

    • Promote digital identity, PoC adoption, and open governance models


πŸ‘₯ Proposed Initial Board Roles

Role
Responsibility

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.


πŸ”’ Treasury Management

  • Managed via Solana-based multisig wallets (e.g., Squads)

  • DAO-governed expenditures (via proposal/vote system)

  • Quarterly transparency reports published in GitBook


πŸ“… Timeline

  • 🟒 Phase 1: Foundation Charter Live

  • 🟑 Phase 2: Legal Formation + Board Setup

  • πŸ”΅ Phase 3: Operational Launch with DAO and Grant System


πŸ“Œ Note to the Community

The Foundation is not here to control β€” it’s 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.

🧠 Trust, Connect, and Earn.

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