Covenant

Vision and Mission

AllianceBlock is building the world's first globally compliant decentralized capital market. Our solution is built on the principles of Censorship Resistance, Transparency and Openness. Our vision for the future rests on integrating three core principles that embody our approach, strategy and technology. AllianceBlock’s platform and services are aimed at realising a Decentralized, Collaborative and Sustainable Capital Market that brings together issuers, participants, institutions, traders, experts, advisors, other service providers and even talent.

What do we bring to the table?

AllianceBlock bridges the gap between TradFi and DeFi by providing a suite of key protocols and infrastructure elements that enable decentralized finance applications, sometimes also called DeFi legos, or building blocks. Web2 and Web3 organisations can build on top of these building blocks to integrate with DeFi and to build ever more advanced and sophisticated financial products. AllianceBlock thereby reduces time to market and development costs for all who use its building blocks and helps innovators accelerate their vision.

How are we planning to accomplish this?

AllianceBlock is changing the dynamics of Capital Markets by making the assessment, selection and governance of issuers and their projects community driven. In our framework, participants “earn” a Reputation Score, which weighs their influence in the collaborative decision-making process with regards to the projects. Our reputation-based approach to market influence is an alternative to traditional approaches where the largest participants get preferential treatment. With AllianceBlock the flow of Capital becomes more objective, fairer and participative, what we call Participative Capitalism.

What is our long-term goal?

AllianceBlock’s long-term goal is the transformation of the current global economy into one that is truly decentralized, inclusive and participatory.

Constitution

  1. DAO Competencies

The DAO’s primary responsibilities including managing the DAO Treasury & allocating grants from the DAO Fund in pursuit of the AllianceBlock Mission & Vision as laid out in the Covenant.

  1. Governing Bodies

2.1 Tokenholders

Tokenholders constitute the highest governing body of AllianceBlock DAO. Tokenholders shall vote on the allocation of the grants to projects that apply for such grants from the DAO Fund. For the rules on submitting the applications for DAO Fund grants see here.

2.2. DAO Committee

  1. The DAO Committee is a governance body of AllianceBlock DAO entrusted with the execution of the successful proposals by signing the transaction through multi-sig wallet.

  2. The DAO Committee consists of seven (7) core team members selected by AllianceBlock Foundation.

  3. Each Member of the DAO Committee shall execute all proposals that tokenholders voted in favor for (‘successful proposal’) except for the proposals that are contradicting the rules under the article 4. If the DAO Committee refuses to execute a successful proposal it shall publish and make available to tokenholders an explanation of such action within a reasonable time.

  4. Treasury Management