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Introduction

Pecunia.Finance DAO is the organization of people who make up Pecunia.Finance, the brand. A globally distributed DAO striving to push humanity into the future on the basis of sustainable, fair technology. Once mere individuals with secret blockchain obsessions, we are now a collective of developers, business consultants, and analysts who wish to use our skills together to introduce the technology of tomorrow, today.

The fruits of our labors are intended to provide opportunity for expansion into multiple industries and in doing so, provide fairly-rewarded, near-anonymous labor opportunities which benefit society as a whole. Pecunia.Finance strives to become a network-state - A fully autonomous, distributed, digital blend of community, technology, and sustainable business.

Abstract

Accelerated through the onset of global crisis, the workplace has become a remote, digital environment. The traditional format of gathering in an enclosed space to perform duties within physical proximity has been all but proven archaic for typical white-collar business roles. A pseudo-awakening to the benefits of remote office-work has evolved into a movement called Work 4.0, which suggests that organizations themselves can be operated successfully, and even in select cases more efficiently, as a fully digital business in which the employees can work from anywhere, using electronic platforms and agreed-upon, cooperative workflows.

When the Work 4.0 philosophy is applied to the blockchain space, the overlap is characterized by what is known as a Decentralized Autonomous Organization, or DAO. The nature of blockchain technologies allow for smart contracts to be built using business workflows, by reconstructing business tasks into transactions. This allows for business processes to be automated using software and the software to inherit the consensus and security benefits of blockchain networks. A DAO functions as a flat hierarchy which acknowledges roles rather than individual identities, allowing a degree of anonymity and providing a barrier to nepotism and corruption. The automation of the organizational responsibilities such as decision making allows for artificial trust between the roles, decreasing the potential friction between members and ensuring that members are fairly represented.

Pecunia.Finance is such a DAO. The operational workflows and framework of the organization have been voted and agreed upon by a number of core contributors, who are the founding members. When completed, the entire organization will operate on-chain, with business decisions taking the form of proposals and business tasks in the form of operational building blocks (projects & bounties).

Membership

Members of the DAO are organized into levels of contribution. Increased contribution results in increased influence on governance.

"Service Guarantees Citizenship" - IYKYK

Associates and external parties can be considered community members and not members of the DAO.

Contributor

The universal membership level is called a Contributor, which describes a person who contributes to the DAO by completing bounties and optionally participates in votes.

Core Contributor

The leadership of the DAO are the Core Contributors, which describe a person who has provided critical contribution to Pecunia.Finance and also exercises executive voting powers. A Contributor can only become a Core Contributor through meeting a list of requirements and a vote by the existing Core Contributors.

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Getting Paid with Bounties

Become a Contributor and complete Bounties for liquid rewards.

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How it Works

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How Bounties Work

Bounties are tasks with a value and a corresponding reward.

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Tracking Contribution

Contribution is the only objective and fair way to measure a member's effort, and thereby calculate individual governance power. A member's XP level can also unlock access to Bounties with higher rewards.

Experience Points (XP)

Each Bounty awards XP upon completion, which is associated with the wallet used to identify the member. The type of XP corresponds to the same type as the Bounty. The amount of XP of each type determines the voting power of the member who earned them. When a Council Vote occurs, members may vote in proportion to the amount of XP they possess.

Example Infograph

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