This proposal is to change the organizational structure of the Secret Foundation from a for profit c-corp to a non profit NPO. The how, where, and when will have to be determined in a different discussion and proposal.
Draft of proposal.
Title
Proposal to change Foundation to a non profit
Proposal Text.
If you want the Secret Foundation to be a non profit vote Yes.
If you want the Secret Foundation to remain as a for profit c-corp vote No.
This signal proposal will be submitted after a 7 day discussion period in accordance with the rules in proposal 81.
Sorry but this is a non enforceable proposal, and it seems pointless to bring it to the chain. Regardless of whether or not people want this itâs not happening if the structure just doesnât work for an organization funded by chain inflation. Would have to defer to @tor and @JXR50 (previously involved) to reiterate for the 50th time why it wouldnât work as a non profit
We need to make serious proposals, with substance and analysis.
Wouldnât it be nice to have the Secret Foundation as a non profit? Of course. However, is it really the best way to go moving forward? Is it the best possible structure? Is it convenient for the future?
Why even submit such a proposal to this forum without a thought process, without points in favor and against, without any elements that can foster a productive discussion around this topic?
I also donât get why this proposal is on-chain when it is just âsignalingâ? Isnât this the reason why we have the forums in the first place? To discuss and to come to at least some sort of consensus before submitting a formal proposal on-chain?
How can people actually âsignalâ on something that they donât really have analyzed and donât know if it is best or not?
I agree with you. How do we obtain proof/assurances without official audits? What are the standards we are striving for?
Transparency and scope are two things I would need to fully understand to feel comfortable with a c corp for profit structure. Simply having an NPO solves for transparency because itâs baked in.
Also Gov is hard. Anyone using inflammatory language needs to take a deep breathe and be more constructive.
Domerium Labs voted âNoâ, because we disagree with the Governance process that is followed here.
We believe it is very desirable for the foundation to be a non-profit, and would absolutely support a move towards such structure. However, it is non-enforceable by governance, and furthermore already part of the recent discourse with the foundation.
This proposal seems hastened and doesnât appear to benefit a productive/collaborative process between community and foundation.