HealthData DAO Charter (incomplete DRAFT)
Decentralized Autonomous Organization Governance Outline
Mission and Objectives
Mission Statement
The mission of HealthDataDAO is to allow individuals to earn income from their anonymized health information.
Specific Objectives and Goals
- To have people sign up and complete their health profile.
- To license the anonymized data to companies for scientific research.
- To distribute 20% of the gross income to the individuals who have completed the health profile.
- To distribute 20% of the income after taxes to the individuals holding investment Tokens.
Membership
Criteria for Membership
Any verified individual can enter their PHI and receive a NFT and thus receive their portion of the income.
Token-Based Voting Rights
Each NFT has one vote.
Membership Revocation
Voting Mechanisms
Proposal Submission
Any NFT holder can submit a proposal to Contact
Voting Period
Once a year for 4 weeks.
Quorum Requirements
Voting Thresholds
Proxy Voting
Voting Types (e.g., on-chain, off-chain)
Dispute Resolution
Decision-Making Process
Proposal Types (e.g., funding, policy, code changes)
Proposal Discussion Period
Proposal Evaluation and Scoring
Proposal Execution
Emergency Proposals
Role of Moderators or Facilitators
Smart Contracts and Codebase
HealthDataDAO has two contracts:
- Contract One with CenTrial Data Ltd. to manage the DAO.
- Contract Two is with CenTrial Data Ltd. to match interested NFT holders with clinical trials.
Code Review Process
Upgrades and Forks
Security Audits
Bug Bounty Programs
Developer Compensation
Treasury and Funds Management
The HealthDataDAO has a contract for CenTrial Data Ltd. to manage funds, pay taxes, and distribute payment to the NFT holders and investment Token holders.
Funding Sources
- Sale of HealthDataDAO NFT’s (HDDNFT) at $10.00 a signup, one-time fee in order to validate identity
- Sale of HealthDataDAO investment Tokens (HDDAOT) at $10.00 each.
Budgeting, Allocations, Use of Funds
- 20% to HDDNFT holders
- 20% to HDDAOT holders
- 20% to marketing
- 10% to sales
- 10% to management
- 10% to overhead
- 10% to Programming
Escrow Mechanisms
Tokenomics
Token Distribution
Token Supply Cap
Incentive Mechanisms
Two Tokens minted to HealthDataDAO NFT holder for referring a friends who signs up and completes their health profile.
Staking and Rewards
Token Burn Mechanisms
Governance Token Issuance
Minting and Burning
Inflation Rate
Vesting Periods
Distribution Methods
Transparency and Reporting
Public Records
Financial Statements are published annually. Brief reports are published monthly.
Regular Reports
Audits and Financial Statements
Financial Statements will be audited after $1,000,000.
Disclosure of Potential Conflicts of Interest
Legal and Regulatory Compliance
Compliance Strategy
Jurisdiction Considerations
Legal Counsel and Advisors
Security and Risk Management
Security Protocols
Security
Insurance
Risk Assessment and Mitigation
Community Engagement
Communication Channels
Community Development
Educational Initiatives
Amendments and Updates
Process for Amending the Governance Outline
Community Input and Voting on Amendments
Dissolution
Process for Dissolving the DAO
Asset Liquidation and Distribution