The Fundamental Contradiction
We face a fundamental contradiction: building governance tools for distributed decision-making while operating hierarchically ourselves. The solution involves progressively transferring control to community stakeholders over approximately four years.
Our goal is to become obsolete: creating self-governing infrastructure requiring no founders.
The Four Phases
Advisory Phase
DAO recommendations remain non-binding while the board maintains authority. Essentially a testing phase for governance mechanisms.
Hybrid Phase
Shared control splits decisions. The DAO handles grants while the board retains veto power. Real decision-making authority begins transferring.
Transition Phase
DAO achieves majority control as founders begin stepping back. Community governance becomes the default.
Autonomous Phase
The board becomes emergency-only infrastructure. Full community sovereignty achieved. Founders become regular participants, not leaders.
Legal Framework
Swiss Association
DAO governance with traditional legal personality
Italian Foundation
Fucina Nexus Foundation ETS
US Entity
Investment vehicle compliance
This structure allows global participation while maintaining compliance across jurisdictions.
Acknowledged Risks
Regulatory Uncertainty
Evolving legal frameworks for DAOs worldwide
Governance Gridlock
Decision paralysis with distributed voting
Participation Challenges
Voter apathy and engagement decline
Mission Drift
Community priorities diverging from vision
Technical Vulnerabilities
Smart contract risks and security challenges
Each risk requires active mitigation strategies built into the governance framework.
"Rather than building permanent institutional power, our goal is becoming obsolete: creating self-governing infrastructure requiring no founders."