2️Governance, Agents And Shareholders
Governance
Project governance is established by individuals who are willing to contribute their time, assist others, and share knowledge and opinions in order to make the best decisions for the project. The governance body is established by the Founder and is subject to continuous monitoring.
Project promotion through shilling is not tolerated, and the responsible governance member will be dismissed after one warning.
Sharing the project's vision and assisting others in understanding the project's purpose is the preferred approach.
The Governance community will oversee the following decisions and proposals:
Real estate purchases
Real estate sales
Fiat ↔ BTC conversions (defining specific buy and sell limits)
Oversight and monitoring of the Agent
Access to the Governance and bRWA community is available through a Discord server, accessible via the following invitation link: discord.gg/nwBs64PSYN
The server structure is as follows:
Everyone can read all channels, and there is one public channel for interaction.
However, interactions in the Voting and Governance channels are limited to Governance members only
Upon the project lifetime, new token or NFT will be created for the Governance and airdropped to them. Therefore, as it is now, Governance holds no material benefits; its role is to steer the project without being influenced by profits.
Governance is responsible for making decisions and monitoring the Agent's work throughout a property investment cycle.
It is important to reiterate:
Governance entities will not receive rewards from the profits. See the chapter "Profit Sharing Rules." Their role is to steer the project with good intentions and should not be impacted by its profits. Agent(s)
Agent(s) have sequential tasks and responsibilities as listed below, and they are rewarded from the income generated at the end of the property investment cycle.
The following tasks shall be executed by the Agent(s) during one real estate investment cycle:
Fund conversion (BTC to fiat) for real estate purchase.
Tax handling for fiat conversion (country-dependent).
Real estate purchase.
Tax handling for property purchase (country-dependent).
Real estate maintenance and renting.
Real estate selling.
Tax handling for real estate sale (country-dependent).
Conversion of fiat to BTC.
Distribution of BTC (via airdrop).
The qualification rules for Agent(s) will be decided by the Governance.
As the Founder, I suggest starting with a single property to test the system's operation and to mitigate risks as much as possible.
Shareholders
bRWA token holders will receive benefits outlined in the Holder Benefits chapter, following the rules established in the Profit Sharing Rules chapter.
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