What is Arcadia
Arcadia Global is a progressive holding making investing in developing markets super easy, fast, and safe; With a new kind of market where crypto and real assets work as seamlessly as should have always been.
Whos the Foundation
The committee is a group of professionals , advisors, and investors that support the Arcadia project exclusively on its Blockchain front, and become part of its future by contributing grants, advice, and work.
The AFDAO is a temporary vehicle meant to last just enough to structure the conventional business aspects and kickstart the real -our own chain- development. All the value generated by contributors on this DAO, will be directly ported to that chain.
And so, this DAO is like the genesis block of our chain, while the contributors are the miners. You can’t technically be any earlier than this.
What is a DAO?
A DAO is an abbreviation for Decentralized Autonomous Organization. Is a type of community and entrepreneurial framework that allows anyone to invest, work, and vote in projects they might also want to be part of and contribute.
All this is posible by Blockchain technology and smart contracts, which allow easy investment, governance, and safeguard of the funds. DAO members approve every decision and use of funds with voting weight proportional to their contribution.
The Foundation DAO is a temporary vehicle meant to structure and establish the Foundation. This is the team and resources responsible for the development of our own chain tailored to our big picture.
Everything we do here will be migrated to those formal and blockchain frameworks: Tokens’ value, Team roles, Community, and Operations.
This is not a 100% crypto project so it doesn’t happen in the vacuum of the blockchain regulation only. We also have to take into account conventional regulation. And for all these reasons, rather than a technical one, this is more a crowdfunding proof of concept, team-building, and operational exercise.
We have tangible and certifiable objectives that upon completion mark the project’s success and the start of the migration and vesting proceses.
Frequently Asked Questions
Do I need to be a crypto wizard to participate?
If you are new in crypto then DAOs are a good place to start if you want to go beyond basic trading. Its assumed that you have the basics like buying, transactions and wrapping figured out.
You’ll be using a web3 platform, so the trickiest part is setting a fresh browser (optional but recommended), a web3 wallet in the correct network, and funding that wallet with crypto assets (we accept XDAI and pegs only)
Once you are beyond that, the actual use of the platform is very intuitive and straightforward. We want to make this a begginer friendly decentralized experiment.
What is the minimum to participate?
Why the small numbers?
Is an organic perk for investors as a consequence of the local cost of living and regulations of the founder’s jurisdiction.
You will notice we don’t focus much on creating a pumpy fundraising or claim any hypothetical ROI even if implied in the mechanics. As a Staging DAO it just needs to cover its own operating and development budget for the objectives set.
All funds not used in the scope of the DAO will become a strategic reserve at the end of the staging phase, to support our market cap and initial chain developments.
What do I get in return?
Being this early, you have almost every opportunity and chance to be part of the core team and enjoy any other insider perks like:
- Role migration to the final estructure.
- Value migration to the final chain.
- Priority access to future fundraising models.
- Propose a job you can do to grow the DAO and get paid for it.
- Access private roles depending on your location.
- Voice your ideas and see them implemented.
- Predictable and affordable participation stages.
Since this is a temporary single purpouse DAO, the tokenomics value early participants rather than a massive raise. That one comes next and you’ll be already a holder before we even start the main fundraising implementation.
Is this legal?
As long as there are no specific regulatory framework for what we are doing, this ends being a selfregulated academic and crowdfunding exercise that follows more guidelines and selfimposes more restrictions than a conventional crypto project.
A number of countries and even USA states (WY) have regulated DAO models, and can be legal entities now. Though those models still don’t cover 100% of the DAO paradigm.
With several big organizations in the crypto space operating in this model, tracked DAOs account for 18 Billion in market cap and 1 Billion daily volume combined.
This DAO’s #1 priority is precisely that: to validate the legal research and establish the structures required to operate in full compliance. That will happen early in the roadmap, so expect the situation to be evolving continually.
I'm citizen of [insert country] can I participate?
We participate in conventional funding activities (that fund the other business units of what we manage) so we can’t onboard users in countries undergoing economic sanctions or where crypto is restricted.
If you are a citizen of the United States you must know that the SEC considers DAO tokens as securities, so you can’t be an “investor”. But we are not clear if you can receive the reserve tokens as payment for work. Assume not.
To be on the safe side, we recommend US citizens to use the Regulation CF campaigns available; And reach to us for additional participation and job opportunities.
Please do not apply for participation if you can’t pass KYC and AML checks. We RSVP the right to kick anyone shady at anytime.
How do I start?
Learn more about the global project and what we want to build here. Understand the risk of Venture ideas and crypto. And reach Telegram support if you have any questions.
You can continue learning about the DAO and get your first tokens in the links below:
Nothing of this would be possible without a little help from our friends: