Debbie πŸ”œ pfp
Debbie πŸ”œ
@debbie
so who wants to crowdfund the first ever community-owned sports bar on farcaster? how it works: – contribute any amount – once breakeven, capital is returned (pro rata) – after that, earn ongoing USDC yield from bar profits – fully onchain and transparent it’ll also be the unofficial official bracky bar
27 replies
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meta-david πŸ’₯| Building Scoop3 pfp
meta-david πŸ’₯| Building Scoop3
@metadavid
Can be done! @coinage founded by @zguz is organized like this. All of it above board, legal, and yep, programmatic!
2 replies
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3 reactions

SQX pfp
SQX
@sqx
βŒβ—¨-β—¨ funded a $700k coffee shop and a 250k deli.
1 reply
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meta-david πŸ’₯| Building Scoop3 pfp
meta-david πŸ’₯| Building Scoop3
@metadavid
What does funded mean in this context? Does the DAO own the coffee shop + deli and the profits get distributed back to the holders? To me that's always been the missing piece of the puzzle for most DAOs/on-chain co-ops
2 replies
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SQX pfp
SQX
@sqx
Grants baby. Grants.
1 reply
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SQX pfp
SQX
@sqx
I forgot. They also funded a partnership (by some members) to be minority partners in a night club in Brazil. πŸ‡§πŸ‡· Non recourse (generally) and no kick back. Just an expectations of !vibes and nounish crypto outreach.
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