DappRadar DAO
  • 📡What is DappRadar DAO?
  • 📝 DappRadar DAO Report 2024
    • 🖥️ Management overview
      • Strengthening revenue streams and RADAR tokenomics
      • AI-Driven curation: the future of Web3 discovery
      • Looking ahead: the DAO’s vision for 2025
    • ⚖️ Legal updates
    • 💰 Financial reporting overview
      • Asset Balances as of 31/12/2024
      • Transactions since Token Generation Event (TGE)
      • Profit & Loss Statement
    • 🤝 Business development overview
      • 2025 Strategic priorities
    • 🏗️ Product updates
      • Feature releases and platform enhancements
      • User Experience Improvements
      • Looking ahead
    • 🔊 Marketing efforts
      • Collaboration with Lunar Strategy
      • Key efforts for 2025
      • Challenges & Strategic Adjustments for 2025
    • 🎉 Key milestones achieved in 2024
      • Strengthening Quests with multi-chain smart contract deployments
      • Experimenting with new revenue streams
      • Airdrops & Quests expansion as growth & marketing tools
      • Enhancing PRO features & staking incentives
      • Improved RADAR visibility & presentation
      • New homepage aligns DappRadar with DAO vision
      • Continued reliability as a node validator
      • Constant product & engineering improvements
    • 👋 Closing words
  • 📄DappRadar DAO Report 2021-2023
    • 👋Introduction
    • ⚖️Legal foundations for decentralization
      • Collaborative legal framework
      • Proposed governance structure
      • Engaging in DappRadar governance: A step-by-step guide
    • 🏦Financial reporting overview
      • Asset balances as of 31 December 2023
      • Transactions since Token Generation Event (TGE)
    • 🔵RADAR tokenomics overview
    • 🏅DAO activities and milestones
    • 👨‍👩‍👦‍👦Performance of community engagement channels
    • 🛣️Roadmap
    • 🫡Closing words
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  1. 📝 DappRadar DAO Report 2024

⚖️ Legal updates

2024 saw continued progress on the foundations that were laid down in the previous year, solidifying the legal and governance framework necessary for the DAO’s operations and decentralization goals. The DAO operates through a structured framework comprising of the DappRadar Foundation, which serves as its core governing entity, and the DappRadar Labs Limited, the underlying entity, which functions as its operating arm. The structure has been instrumental in ensuring compliance, efficiency, and alignment with the DAO’s long-term vision.

Key milestones achieved

  • Continued transfer pricing work with iVC: ensuring financial compliance and transparency within the DAO’s operational structure, helping to create a more robust financial ecosystem.

  • Access agreement finalization: The agreement, now completed and signed, enables seamless integration of the DAO’s on-chain utilities within the DappRadar platform. This ensures legal access to UAB DappRadar’s intellectual property and facilitates the incorporation of the RADAR token into DAO-driven initiatives.

  • DAO Governance structure specification: Significant progress has been made in formalizing the governance model, with efforts focused on translating on-chain governance mechanisms into the Foundation’s legal by-laws. The first version is in its finalization stage, ensuring a structured decision-making process within the DAO.

  • Loan agreement formalization: Addressing previous financial interactions, the Loan Agreement was structured to ensure independent and regulatory-compliant borrowing mechanisms between UAB DappRadar and the DAO. This establishes a transparent financial framework essential for long-term sustainability.

  • Software development agreement implementation: This agreement, which is still work in progress, grants the DAO access to critical development and operational services, supporting the ongoing enhancement of its infrastructure with a defined cost structure. This ensures continued improvements in technical infrastructure and user experience.

  • Expansion of DAO contributions: Key contributors have been onboarded, with agreements in place to ensure structured and aligned participation. This includes defining roles, expectations, and compensation models to incentivize high-quality contributions.

  • Onboarding of additional service providers: To support the DAO’s expanding needs, new service providers have been engaged, strengthening operational capabilities, security measures, and technical development.

  • Advisory board evolution: The Advisory Board’s role has been further refined to provide strategic guidance while maintaining non-binding input. Efforts are ongoing to ensure broader community participation in shaping DAO policies.

  • Enhancements in decision-making processes: Adjustments have been made to improve the flow of decision-making between the DAO Assembly, Advisory Board, and Director, which will be incorporated into the Foundation’s by-laws. This refinement aims to balance efficiency and decentralization while maintaining compliance with legal and regulatory requirements.

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