Big Mother DAO is a champion of compliance and community model for decentralized trust building.
We demonstrate how a community can work well within compliance of US securities and copyright law while still taking full advantage of all the amazing possibilities with decentralized finance and decentralized autonomous organizations.
We are a DAO Hybrid, a studio + fund
Big Mother DAO does not operate a classic DAO structure, we are a union of decentralized whole system design that can cross platform.
What creates any type of DAO structure is a shared purpose which can operate in a decentralized network, not a cryptocurrency.
What enables individuals, companies, organizations, non-profits or institutions to all work together around a shared purpose is just a digital wallet.
Any decentralized network can rely on digital wallets for easy interaction, while many of its properties can be independent of the blockchain.
Our DAO and community should not be confused as a “crypto” or blockchain development company.
We are active in classic world digital media marketplaces as well as marketplaces in law and finance that will not adopt cryptocurrency.
We are a web3 development lab, but most of our technology does not even touch a blockchain, or at least does not need to, for us to employ decentralized design structures.
In the BAE digital collectible marketplace, our collection is sold in MATIC, but our collection is pegged to the US Dollar and stable to community equity.
As a community of designers and startups, we just find it highly beneficial to interact in both the blockchain/cryptocurrency marketplace as well as the traditional fiat and equity marketplaces.
Innovations in smart contracts can allow equity companies to do extraordinary things as we are demonstrating.
Classic Bootstrap Community, Decentralized
Big Mother DAO community designed structure is novel, as it builds upon a decentralized studio form of organization, which itself is already naturally decentralized.
Our DAO structure is really just a classic business and creative network structure comprised of independent contracts, vendors, legal and accounting offices and our method of raising revenue for our community of startups is just classic bootstrapping.
Classic bootstrapping is when a community or startup create a product, sell it, and then take the revenues from the sale of that product and put it back into the community, project, or startup.
While our DAO itself is not a formal company, many companies emerge and form within our DAO, each of those US companies are legally compliant and submit to all SEC regulations where required. Each individual company is responsible for their own tax code and relationship with the IRS, just as each individual in our DAO is, and each non-profit organization.
Our DAO “token” is not a classic “token” in the crypto sense, although it does reside on a smart contract written on the Polygon network.
CopyCake is an innovation in copyright for smart contracts. It simply allows a community of artists to create a large creative work and sell it in a unique community marketplace, which takes the sales profits and funnels it towards a cause or a purpose, which allows it to become a storage vehicle for other types of contracts, such as real estate or equity for example.
When DAO members enter into our BAE marketplace, they are not making “returns on investment”, they are distributors who are awarded wholesale contracts upon purchase and those contracts earn revenue when they sale in a retail marketplace. This means that most of the works on sale in our collection, 2/3rds of the ticket price of the work goes to the community for selling and distributing the narrative in our marketplace.
The revenues that circulate in BAE are the sales from the works of art, and the splits between wholesale and retail prices. The digital work itself is just an asset that comes along with a royalty copyright stream.
It is legal for artists to create works of art and sell the royalty stream. It is legal for artists to create copyright, sell it or transfer those rights.
This copyright is stored as a “CopyCake” token, which allows a creative work to store formal copyright as a transferable token.
So our DAO community’s token is copyright, and this is legal and compliant with US law.
The community selling this creative work freely give the proceeds to other members of the community engineering startup companies, bootstrapping them.
In return, these very same startup companies form community created equity which has valuations in USD, and can potentially scale that value.
Members of Big Mother DAO form equity companies, many which plan to register on RegA+ Crowdfunding marketplaces which issue SEC compliant security tokens. These tokens have not been issued, and are not for sale in Big Mother DAO marketplace.
As these are legal US corporations, there are a number of compliant pathways where the artwork and copyright can become supported by the equity value of the companies which formed from the sales of proceeds from those very same digital works.
There is no law that our community has to maneuver around, there is nothing for us to hide nor anything we are trying to avoid, Big Mother DAO is a champion of legal compliance.
Our model is simple, we are bootstrapping members of our community from sales of a digital collection to form companies and powerful IP properties around the assets the community creates.
As all the value within the community is matched with the equity which supports it, as the value of the community created equity grows, so does the value of all community created assets.