This is a baseline framework for how we help creators think about forming a Web3 business entity / DAO. This is an elemental framework to showcase steps to be taken. Submit any suggestions or feedback to @teamphlote.

PHLOTE x [OG Mattress]

Objective: Establish [OG Mattress] as a fully independent self-sovereign Web3 business / DAO.

A. Token minting/Team Allocation

1. Set up Multi-Sig Wallet
   1. https://gnosis-safe.io/
   2. Determine signatories
2. Mint 10 million [$Mattress] tokens
   1. ERC-20’s
   2. https://www.coinvise.co/ (ETH)
   3. Vesting schedule decision
3. Determine token allocation - Team, community, community partners (example below)
   • Team - 30%
   • Friends & Family - 5%
   • Community - 50%
   • Partners - 10%
   • Airdrop - 5%

B. Fund the Treasury

5. Execute [OG Mattress] NFT Drop
6. Use a portion of proceeds to list [$Mattress] on uniswap with funds raised.  
7. Direct remaining proceeds back to the treasury
8. Airdrop to key stakeholders and core contributors
9. Create a baseline tokenomics package for team participation

Learn more here.

- Team Phlote