The Distribution of the Token
Any organization that operates its functions via DAO has the right to distribute all the tokens to the contributors. The value of the tokens should be the same as valued by the organization. It is a fact that the act of organization to issue the tokens helps them to create their own economy. It is up to the organization or its management to decide the benefits or the utilization of the tokens they offer like providing access to the products of the organization. This can be taken as utilizing the tokens. On the other hand, you can share the organization’s revenue. This is known as the share tokens.
The allocation of funds
An agency or the organization is able to earn and collect its sales using external tokens like the tokens of DAO, GEN and ETH. They can also keep them all in their revenue or use them for the exchange purpose. This is just like the organization is using the revenue and the fund to compensate the employees, contributors, suppliers and other stockholders.
The assignment of Reputation
Any agency is allowed to share or give its reputation to all of its members. Generally the term reputation means the representation of the professional activities and the credibility of an organization. So you can say that it can be varied. Opposite to this one, the traditional block chain organizations are not able to transfer its reputation. The only way to get the reputation is to earn by some people working in the organization. It is also a fact that reputation is the symbol of decision making power. So the reputation is allocated to the people in the organization who are able to make better decision for the company. In order to get better results from decision making, the management should disperse the reputation to different authorized members.
The Data Collection Method
The best agency or the organization is the one that can create and manage its own database without any problem and issues. The database can be the combination of website, articles, organizations or other entities. The sharing power of the database gives chance to the management to get best results to invest in. It is also important that database should not be share to many members of the company as it can sacrifice security of the data.
The External Activity
The agency has an ability to work as a single entity or may work under another agency. For an example, an agency can work for new jobs or work for other agencies on their own. The upper agency will have no right to be answered.
The upgradation of Governance
All the organizations or agencies are allowed to configure and update their personal governance system. The agency can easily define its functions like adding or removing some elements, defining their responsibilities, explaining what they can do and what they can’t do. It is recommended that the governance system should be upgraded properly after some period of time.
The rewarding Scheme has following functions
• Any agent or the agency can submit the proposal to reward 200 reputation, 150 tokens to other agent, in order to make the contribution to DAO.
• In order to weigh the reputation score, anyone can vote for this proposal as yes or no.
• In case, if most of the votes are positive, then the proposal of the agent will be contributed more and the operating system will allocate the 200 reps and 150 tokens to the agent who submitted the proposal. Make sure that the contributing agent can be any other agency or the agent.
In the same way, the Fundies’ rules can be written as three different schemes. The governance system of the agent can be described using these elements. This fundamental concept can also be used for the Arc Governance Framework and the DAO stack.
In order to understand the whole system, we are describing another example very well. This example also have the following steps:
• First of all, an agent submits a proposal to get the rewards and for the agency’s contribution.
• This proposal activates the voting system for the reputation holding people so that they can give their votes or the reviews by their own.
• All the members are allowed to give the votes as they want.
• All the votes are considered by using the score of their reputation. The formula used here includes, the number of tokens that need to be awarded that must be equal to the voter’s median.
• If the results of the formula show that 20% of the reputation holders have positive elements towards the proposal, then the amount of token and the reps are awarded to the contributing agent.
This is the main process of schemes and to award the proposal in the best way. Although, there are a number of patterns of schemes that are designed. These schemes are able to activate
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