One of the DAOs I want to setup is a non-profit organisation that would solicit crypto donations (I thought BTC to begin with) to run on-line conferences etc to achieve non-profit’s social goals. So far I have thought that:
BTC donations would be tagged in the OP_RETURN field with text reflecting the donor’s priority - I want this info permanently encoded for posterity and I thought having the info encoded on the largest and most recognised blockchain is the best idea.
An Aragon DAO would allow the donors to determine expenditure of the donations.
I would be able to veto any expenditure proposed by the members of the DAO to ensure that funds are only spent on achieving the goals of the DAO (in the long term I am thinking that this role would be taken over by an AI).
An on-line, distributed, publicly-accesible, complete record of all the accounting would be availble so that any new donors could be confident that all the donated funds are being spent in the appropriate way.
Feedback and constructive comment appreciated!