Proposal: Creating the Real Estate Operations Team for Weavr DAO
Pursuant to discord discussions and the community call on Sept 28th, 2022, there has been a consensus on establishing an inaugural Real Estate Operations team.
The initial responsibility of the team would be to vet proposed properties for the protection of prospective thread token investors. The team would do its utmost to uncover potentials for fraud, property defects, or possible significant losses specific to the proposed property. In lieu of discovering any aforementioned obvious defects that may cause extreme losses outsized to overall market conditions; the RE ops team would give its stamp of approval to a proposed property.
RE Ops would also have an evolving mandate to provide real estate information and research for Weavr DAO. The RE Ops team would develop a robust framework that provides macro economic, sector, country and locale analysis to the thread token investor to better inform their decisions. The RE Ops team seeks to eventually be able to generate a score or grade for each prospective property that investors may reference.
The structure of the RE Ops team is meant to be as open as possible, and everybody is encouraged to contribute to its research. Eventually, we seek to create a system where every DAO member could contribute their unique insight and research; would be tracked for the performance of their prognostications, and be rewarded accordingly for excellent research and calls.
For vetting of property, we will create a multisig with a low threshold (not more than 40% of total members, ⅖, 3/7 etc) that will give prospective properties the stamp of approval. DAO members may self nominate in this post to be part of the inaugural vetting multisig.
We would be thrilled to hear suggestions and recommendations below!