►
From YouTube: W4 Legal Wg: Flow of the hatchin and Dapp!!
Description
Timecodes:
00:00 - Sem explains flow of the inicial hatching dao
11:32 - Round of feedback
31:05 - Transference of founds
40:17 - Dapp!
49:31 - Last questions
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A
We
shared
last
week,
but
we've
been
re
working
on
it
with
sam
lately
and
we'd
love
to
share
it
with
you.
So
you
all
get
an
idea
of
what
the
initial
hatching
phase
is.
Gonna
be
and
all
the
parameters
that
that
we've
been
discussing
in
the
previous
meeting
and
how
that
how
all
those
may
impact
the
the
initial
phase,
the
hatching,
what
we
call
the
hatching
now
so
sam
is.
B
I'm
sorry
can
can
deposit
their
their
die
here
and
there
is
also
a
ratio.
So,
for
example,
if
you
have
one
cst
token,
you
can
deposit
one
day
or
ten
day
or
ten
cents.
Who
knows?
We
still
have
to
decide
this,
this
parameter
and
once
this
is
and
we
reach
the
minimum
cup
with
the
a
certain
amount
of
time,
or
we
can
also
mean
reach
a
max
cap
in
in
less
time.
B
If
that
is
reached,
we
we
go
to
the
next
pla.
The
next
phase,
which
is
the
post
hatch,
but
if
it's
not
reached,
we
refund
the
day
and
burn
the
attack.
Maybe
we
we
start
a
new
new
hatch
later,
if,
if
that
happens,
but
the
idea
is
that
we
don't
go
anywhere
else.
If
we
don't
reach
a
minimum
goal
here,
that
we
have
reached
that
that
certain
amount
of
money
and
we
go
to
the
post,
hatch
fees
and
the
postcards
phase.
B
Actually,
that's
how
we
think
it's
going
to
be
right
now
we
will
discuss
later
if
we
want
that
or
not,
and-
and
we
have
split
that
the
day
we
we
begin
with
the
hatchboard
or
migrate
dao
proposal
or
whatever
the
the
this
proposal
is,
is
made,
and
you
have
to
pay
a
attribute
attribute
or
autograph
target
fee.
In
order
to
create
that
proposal,
people
vote
and
if
the
vote
is,
is
no.
B
That
also
means
that
if
you
have
bought
a
ds
and
and
the
and
this
boat
is
passed
and
we
go
to
another
dow
with
all
the
funds,
there
is
you,
you
are
letting
people
redeem
the
people
who
said
no
or
abstained
and
can
redeem.
Meanwhile,
you
are
waiting
for
all
the
funds
and
all
the
all
the
dress,
tokens
that
are
left
to
go
to
the
to
the
new
dao.
B
So
that's
a
bit
of
the
idea
of
the
of
the
height
style
and,
and
the
idea
was
to
discuss
it
with
with
legal.
I
think
that
it's
a
good
framework
to
begin
with.
I
think
that
legal,
what
has
to
from
the
legal
perspective?
What
we
have
to
describe
is
what
people
can
do
with
with
that
hash
down
and
and
actually
what
they
they
can
do
is
to
go
to
a
to
migrate
to
a
new
dao,
but
everybody
who
who,
whose
ideas
here
or
abstain
here
or
actually,
maybe
they.
They
said.
No.
B
B
But
if
you
didn't
redeem
here,
you
are
going
to
the
new
that
that
the
that's
the
that's
the
logic,
and
we
are
also
we
want
to
do
that
split
here
or
we
just
want
one.
In
that
case,
it
will
be
the
result
so
all
of
their
tokens
in
just
in,
and
they
don't
donate
anything
to
the
defending
pool
until
we
we
are
here
and
in
that
moment
is
when
we
split.
If
we
want
so
that's
open
to
discussion,
maybe
we
we
wanted
to
discuss
it
in
the
here
in
the
in
the
legal
group.
A
Welcome
everyone
that
just
joined
the
marina
lawrence
and
and
and
hulu
you
got
a
little
late
here
we
are
discussing.
We
are
discussing
this
diagram,
which
shows
basically
the
flow
of
the
hatching
initial
hatching
dial,
which
is
the
one.
That's
gonna
set
up
everything
all
right
and
there
are
certain
parameters
that
we
are
still
discussing.
We
started
discussing
them
on
the
previous
meeting,
which
there's
gonna
be.
This
is
a
new
working
group.
A
That's
taking
place
started
today
at
3
p.m,
and
we're
gonna
have
four
or
five
sessions,
no
more
than
that,
where
everyone's
welcome
to
come
and
understand
all
the
parameters
that
are
gonna
be
decided
on
the
launching
phase,
especially
and
and
also
later
on,
when
we
already
running,
but
basically
they
started
what
the
starting
ones
are,
the
the
most
important
and
relevant
right
now.
So
on
a
quick
on
a
quick
view.
A
Basically,
you
started
you,
the
the
period
starts
and
anyone
who
has
csdk
tokens
only
those
who
own
csdk
tokens
can
invest
and
the
the
amount
of
investment
that
they
can
do
has
to
be
decided.
Yet,
okay,
for
every
single
csdk
token
that
you
will
have
you,
you
will
be
able
to
purchase
a
certain
amount
of
token
engineering
documents
at
the
price
that
we
will
decide
now
those
die
tokens
will
go
to
a
temporary
reserve
until
we
reach
a
minimum
cup
on
a
period
of
time
that
we
will
decide.
A
A
Now,
if
we
reach
that
minimum
cup
we
move
forward-
and
this
is
what
sam
was
doing
initially-
the
split
of
reserve
is
down
there,
but
we
can
move
it.
We
can
move
that
split
of
funds
at
the
end
of
this
of
this
initial
law
and
and
then
there's
the
starting
time
when
there's
a
new
proposal
that
has
to
be
launched,
charging
a
tollgate
fee
which
will
propose
to
migrate
to
the
new
world
conviction
body
will
be
implemented.
There
will
be
a
period
of
time
to
vote
that.
A
If
the
proposal
passes
the
vote,
we
will
move
forward
to
the
new.
If
it
doesn't
pass,
there
will
be
a
new
proposal,
and
hopefully,
after
two
or
three
proposals,
we
should
be
able
to
pass
to
the
next
now
now.
Those
who
don't
feel
comfortable
may
be
able
to
redeem
for
whatever
reason
before
we
move
forward
to
the
next
dial.
But
when
voting
starts
only
those
who
have
not
supported
the
voting
will
be
able
to
redeem.
A
If
you
support
the
proposal,
you
will
not
be
able
to
read
him
unless
the
proposal
doesn't
go,
doesn't
go,
doesn't
move
forward
and
there
is
a
new
one
coming
in
right.
So
those
are
basically
the
parameters
that
we
are,
that
we
are
gonna
be
dealing
with,
especially
on
the
launching
phase
or
the
launching
down,
which
will
last
only
this
period
of
time
until
we
jump
into
migrating
to
into
the
new
dial.
A
Okay,
as
as
I
was
telling
you
for,
of
course,
there's
there's
some
parameters
that
are
not
that
I
would
say
that
legal
or
I
don't
have
any
worries
in
terms
of
legal
like
like
the
price
of
the
token
or
the
amount
of
tokens
that
we
can
purchase
for
every
single
csdk
token
for
the
refund.
I
think
what
it's
fair
is
to
give
back
everything
if
you're
putting
impact
hours
and
the
project
doesn't
move
forward.
A
Those
who
have
impact
hours
will
still
have
those
impact
hours,
and
hopefully
we
might
be
able
to
relaunch
the
project
later
on
and
we
will
see
how
we
we
use
those
impact
towers
for
contribution,
but
I
don't
feel
comfortable
taking
someone
else's
money.
If
this
whole
thing
doesn't
doesn't
go
forward,
that's
my
personal
take
then
moving
forward.
A
E
A
C
Grief,
do
you
want
to
go
next
sure
I
always
have
opinions
yeah.
I
think
the
big
question
here
is
where
we
put
the
dice
split
so
like
if
people
can
redeem
all
of
the
funds
that
they
put
in
or
if
we
upon
entering
the
first
dow,
we
basically
say:
there's
a
forced
donation
to
token
engineering
public
goods,
whether
you
come
in
or
not
so
yeah.
C
C
They
know
going
in
they're
losing
money
they
know
going
in.
This
is
altruistic.
They
know
going
in
this
is
the
point
of
this
thing.
Is
a
donation?
It's
a
really
clear
signal.
So
I
really
like
that,
and
I
think
I
think
I'm
guessing
it
makes
life
easier
on
legal.
Maybe
it
doesn't
matter
because
there's
also
the
option
of
making
the
dial
split
after
if
people
don't
like
the
parameters,
they
can
get
all
of
their
money
back
and
that's
okay.
B
C
C
C
C
B
C
D
A
C
Well,
yeah,
the
dow
is
holding
it
everybody
who's.
Putting
those
funds
in
is
a
member
of
the
commons
stack,
but
they
have
individual
control
of
their
funds.
At
least
the
of
the
tokens.
So
as
an
individual
they're
holding
those
tokens-
and
it's
not
the
common
stack
common
stacks
legal
entity
has
no
way
to
get
that
money
out.
C
B
B
B
D
C
D
D
C
The
the
post-hatch
praise,
just
just
to
tell
you
there's
the
plan
is
not
set
yet
for
how
we
reward
people
post
hatch,
but
it
will
be
funded
through
conviction
voting
whatever
it
is,
so
the
pre-hatch
praise
turns
into
impact
hours
and
we
were
sam
and
I
were
debating
whether
or
not
it's
a
separate
token.
That's
that's
redeemable
or
not,
or
exactly
how
that
is
going.
C
G
H
I
J
B
E
E
B
Okay,
I
I
have
one
question:
the
the
transference
of
funds,
which
people
who
who
gets
tech
tokens
because
of
the
impact
hours
from
from
the
technical
perspective.
Dealing
with
two
tokens
is
a
little
bit
and
it
takes
a
little
bit
more
of
work
than
having
just
one
token,
and
it's
it's
much
more
elegant
to
have
just
one
token,
but
we
can.
B
The
thing
is
that,
from
the
legal
perspective
that
donation,
that
you
were
saying,
marina,
that
it
would
not
be
a
problem
if
that
donation
is
okay.
You
are
accepting
that
if
you
put
money
here,
it's
going
to
be
controlled
by
everyone
and
you
will
only
be
able
to
redeem
a
part
of
it.
Your
your
per
your
percentage
of
it.
B
K
E
Okay,
I
mean,
of
course,
it's
more
complicated
and
I
think
the
the
first
thing
is
to
make
them
understand
as
good
as
possible.
So
if
there
would
be
someone
that
is
not
really,
you
know
fluent
in
all
the
things
that
we
are
speaking
about
would
be,
you
know,
would
be
needed
to
expl
be
explained
in
a
way
that
person
would
understand,
but
I
I
can't
say
very
clearly
right
now,
yes
or
no.
C
One
one
problem
I
have
with
the
impact
hours
token
is
that
they,
if
they
don't
have
any
skin
in
the
game
like
basically,
if
they
don't
upgrade
the
dow,
they
get
nothing
right.
So
now
that
means
that
all
the
impact
hours
are
just
yes
votes,
so
either
they
shouldn't
have
voting
power
or
they
should
have
the
funds.
C
I'm
voting
no
and
I'm
going
to
exit.
If
this
these
parameters
get
voted
in.
I
think
that's
a
valuable
signal.
So
for
me,
even
though
I
agree
that,
like
it
makes
it
harder
for
people
to
who
come
in
and
have
don't
have
any
impact
hours
to
be
like
I'm
gonna,
I'm
gonna
put
money
in
and
some
of
it's
going
to
the
funding
pool
in
the
future.
Yeah.
Okay,
someone's
going
to
impact
hours,
but
you
know
another
one.
I
don't
want
to
contribute.
G
C
Which
a
lot
of
the
people,
everyone
who
has
impact
hours,
has
sea
stack
tokens,
but
there
are
people
who
haven't
been
active
in
the
last
little
bit
like
simon
de
la
rubier.
I
don't
think
he
has
any
if
he
asks
him.
Oh
no,
he
did
have
impact
hours,
damn
it,
but
there
are.
There
are
other
people
who
have
seized
that
trent.
No,
he
probably
has
impact
hours
too
damn.
Okay,
most
people
will
have
impact
hours,
we're
pretty
liberal
with
those
impact
hours,
but
they'll
only
have
a
little
bit.
B
C
C
C
I
I
think
it's
a
good
signal.
Personally,
it's
like
well
these
people.
You
know
there
will
be
some
who
do
it
and
I
guess
there's
also
the
question
of:
can
they
cash
out
partially
right
and
maybe
they'll
want
to
especially
you
know
what
some
people
don't
have
a
lot
of
funds.
It's
coronavirus
time
you
know,
and
if
they
put
money
into
the
dow
they're
going
it's
going
to
be
vested
for
a
lot
of
time
I
mean
maybe
it's
okay
to
let
them
take
the
early
exit.
B
C
C
A
C
It's
really
sad
because
I'll
have
a
really
good
update
in
for
three
hours
from
now,
because
we're
gonna
have
a
call
about
the
progress
from
the
devs,
but
at
the
very
least
I
can
show
you
the
important
parts
that
matter
for
legal,
even
though
I
can't
give
you
a
really
concrete
timeline,
let
me
see
if
I
can
pull
it
up.
Do
you
want
to
talk
about
it?
While
I
try
to
find
this
figma
give
some
background.
C
A
C
Go
ahead,
yeah
I
want
to
actually
correct
something.
That's
interesting.
There
is
no
donation
maximum.
These
donations
go
to
the
common
stack.
How
do
I
get
rid
of
that?
Oh
well,
these
donations
go
to
the
common
stack,
but
there
is
a
maximum,
and
this
is
not
something
that
we
really
promoted,
because
it's
not
it
doesn't
exist
yet,
but
there
is
a
maximum
trust
score.
So
the
c-stack
token
has
a
registry,
and
that
registry
says-
and
this
is
a
hundred
percent
centralized-
it
is
me
before
it
was
me
and
lorelai
now.
C
It's
me
chris
and
dan.
We
literally
just
assign
people
a
number,
I'm
not
gonna
sugarcoat
it.
You
know
like
for
the
most
part,
we
try
to
keep
the
magic
alive,
but
we
go
through
when
people
fill
out
the
form
we
look
up.
Every
single
person
we
look
up
their
ethereum
address,
we
search
them
on
twitter
and
if
they
have
a
green
frog
on
their
twitter
account,
which
we
we've
had
a
few,
we
reject
their
application.
C
Okay,
and
it's
not
that
it's
not
just
the
green
frog.
It's
also
like
you
know.
What
are
they
tweeting
about
and
and
what
did
they
fill
in
so
when
people
apply?
Sometimes
we
look
them
up.
Sometimes
we
reject
them
most
of
the
time
we're
talking
98
of
time.
We
accept
them
and
we
give
them
a
a
max
trust
for
and
that
max
trust
score
actually
creates
a
cap
of
how
many
c
stack
tokens
they're
allowed
to
have
and
that
cap
is
based
off
of.
C
Can
we
trust
them
because
it's
the
trusted
seed,
and
so
it's
a
curated
list
of
trusted
people
and
if
they're,
a
random
person
on
the
internet-
and
we
don't
know
them-
we
actually
give
them
a
low
trust
score.
So
they
might
only
be
able
to
contribute
like
500
die
in
this
in
this
step
that
I'm
going
to
show,
and
that
would
max
their
out
max
their
tokens
out.
Yeah
good.
A
C
What
what
what
are
you
referring
to?
Oh
if
they
respec,
if
they're,
if
their
values,
if
their
values
driven,
if
they're,
if
they're,
if
they're
joining
the
trusted
sea,
because
they
want
to
see
public
goods
proliferate
throughout
the
world
using
economics?
The
token
economics
dude
they're
in
you
know,
if
they're
trying
to
get
into
the
hatch
so
that
they
can
make
some
short-term
profits
or
even
long-term
profits,
and
they
don't
care
about
token
engineering
they're
out.
C
C
I
messaged
them,
and
I
asked
you
hey
like
what
what
is
what
are
you
thinking
about
with
the
trusted
seed?
You
know
and
I
reach
out,
and
they
didn't
they
haven't
responded
yet
so
if
they
don't
respond,
then
you
know
if
they
tell
me
yeah,
you
know
I
love
token
engineering.
I've
been
following
you
guys
for
a
while,
I'm
so
excited
about
how
we
can
done
it.
Oh
they're,
in.
D
C
We'll
give
them
a
trust
score
if
they
instead
respond
with
yeah
man.
I
I
I've
been
in
the
crypto
for
a
while
number
go
up
and
I'm
super
stoked
to
be.
You
know,
then
we
sorry
you
know
like
I
have
to
reject
them
so
and
there's
also
the
max
score
for
anybody.
Like
simon
de
la
ruvier,
myself,
with
this
cap,
the
cap
is
actually
related
to
the
total
supply.
C
So
we
cap
everyone
at
10.
No
one
can
have
more
than
10
percent
of
all
c
stack
tokens,
okay,
but
let's
go
through
the
dab
and
I'm
sorry
that
that
hasn't
been
very
well
explained.
We
will
publish
that
information
it.
The
problem,
is
it's
not
done
so
it's
hard
to
to
go
to
deepen
it.
So
when
someone
comes
to
the
website,
this
is
what
they'll
see
they
will
connect
their
wallet
and
they
will
see
terms
and
conditions
that
are
now
verified
by
raf
by
the
way.
C
So
that's
super
cool
and
so
they'll
actually
use
their
wallet
to
sign
the
terms
and
conditions
and
then
we'll
have
that
we'll
save
that
information
that
their
address
signed
our
terms
and
conditions.
And
then,
if
they're,
not
a
member
of
the
trusted
seed,
then
they
can
apply
to
a
white
list.
If
they
are
a
member
and
they
just
use
the
wrong
address,
they
have
an
opportunity
to
change
their
wallet.
Address
they'll
be
able
to
see
how
much
die
they
have.
We
accept
membership
fees
only
and
die
once
they're
on
the
white
list
in
the
registry.
C
They'll
see
their
c
stack
tokens
which
are
really
a
membership
score
and
they
can
make
a
contribution
now.
I
think
the
important
thing
here
is
that
anyone
who
has
c-stack
tokens
right
now
that
it's
a
pending
score
everyone's
going
to
start
with
a
membership
score
of
zero
and
they
have
to
make
a
contribution
to
become
part
of
the
common
stack
association
and
that's
the
big
sell
here
is
hey,
guess
what
you
get
to
become
a
member
of
a
swiss
association
today,
you
just
have
to
contribute
we're
going
to
have
a
default
contribution.
C
C
C
H
H
H
H
C
Like
a
month
ago,
dude
this
is
issue
two
in
the
common
stack.
You
know,
you
know,
like
I've,
been
working
on
this
to
get
this
out
for
so
long
sure,
but
it's
it's
blocked
by
some
volunteer
work
and
I'm
not
sure
that
our
volunteers
are
putting
enough
time
into
it.
I'll
find
out
today,
I'm
a
little
I'm
pretty
confident
that
I'm
gonna
be
underwhelmed
in
the
call
today,
I'm
a
little
sad
by
that
so
we'll
see,
but
it's
really
close
to
done
so
by
the
way.
C
What
happens
with
the
funds
when
they're
done?
Is
they
go
to
a
giveth
campaign
and
all
the
funds
that
are
there
are
controlled
by
the
commons
deck
association
and
anybody
to
receive
those
funds
will
have
to
have
a
legal
agreement
with
the
common
stack
association
for
salaries
and
invoices
and
these
sorts
of
things?
So
it's
actually
this.
C
This
application
is
on
top
of
giveth
and
then
all
the
funds
that
are
collected
here
will
be
able
to
be
transparently,
see,
traced
where
they
go
in
fact,
you'll
be
able
if
your
membership
fee,
when
you
contribute
your
membership
fee,
you'll
be
able
to
see.
Oh,
that
went
to
jess
to
pay
her
salary.
For
you
know
january.
You
will
actually
see
my
money
went
to
this
thing.
Super
cool,
yeah.
C
Everyone
has
to
donate.
I
really
don't
want
to
say
that
ever
again
that
one
die
thing,
it's
a
horrible
anchor
and
we
really
really
do
need
the
funding.
So,
let's
all
not
say
that
one
guy
thing:
okay,
let's
really
say
like
everyone-
needs
to
tell
me,
I'm
sorry.
This
is
like
you
know.
This
is
basically
if
we
don't
get
more
donations,
I'm
gonna
have
to
donate.
Please
don't
make
me
so
yeah
500
die
is
the
default
donation
contribution
and
yeah.
C
Everyone
has
to
put
it
in,
because
this
is
part
of
the
legal
situation.
You
know
it's
really
easy
to
say
you
are
signing
these
terms
of
conditions
and
giving
us
money.
So
now
you
that's
what
you
gave
and
now
this
is
what
we
give
you
know
and
it's
like
a
iron-clad
thing
where,
like
you
sign
these
terms
and
conditions-
and
you
contributed
we're
good.
C
So
so
one
of
the
things
with
our
with
our
legal
advice
is
that
we
can't
have
a
set
price
for
c
stack
tokens.
So,
like
part
of
that,
also
means
that
when
you,
if
sam
you,
have
a
bunch
of
c-stack
tokens,
we're
probably
going
to
have
a
rate
of
2.5
c
stack
tokens
for
every
die,
that's
contributed
as
a
membership
fee.
So
if
you
send
in
a
500
die,
then
then
that
would
be.
That
would
get
you
a
thousand
two
hundred
and
fifty
I
don't
know
dude,
I
don't
yeah.
C
I
think
it's
a
thousand
two
hundred
fifty
yeah
a
thousand
two
hundred
fifty
c
stack
and
you
would
have
all
your
old
c
stack.
I
mean
really.
What
we're
going
to
do
is
anyone
anyone
who
doesn't
pay
their
membership
fee,
we're
going
to
burn
their
c
stack
and
then,
when
they
do
pay
their
membership
fee
they'll
get
all
of
their
c-stack
back.
B
B
C
So
you
have,
I
mean
on
the
blockchain,
you
have
c
stack
tokens
right,
but
then
there's
a
membership
score.
Okay
and
the
membership
score
is
kind
of
on
top
of
the
blockchain.
And
it's
saying
hey
like
no
one
has
any
membership
score
because
right
now
the
commonstack
association?
Doesn't
it
barely
exists?
Okay
right,
but
once
once
we
once
we
start
contributing
members
once
you're,
a
legal
member
of
the
common
stack
association.
C
So
we're
just
going
to
burn
their
seaside
tokens
but
later,
if
even
during
the
hatch,
because
the
way
that
you
told
me
the
c-stack
token
works
for
the
hatch.
If,
during
the
hatch
they
pay
their
membership
fee,
they'll
get
all
their
c
stack
token
that
they
had
before
that
we
burned
they'll,
get
all
back,
plus
the
extra
that
you
know
their
membership
fee
created.
C
So
it's
just
more
about
maintaining
the
the
hygiene
of
the
of
the
hatch,
but
we're
there's
lots
of
people
who
have
received
praise
that
have
not
contribute
that
have
never
given
us
an
address
and
we
can't
give
them
any
c
stack.
Those
even
those
c
stack
that
are
just
on
our
spreadsheet
that
we've
been
keeping
track
of.
They
will
get
that
bonus
as
well.
A
Okay,
guys
we
made
it
to
the
hour
I
just
before
we
leave.
I
want
to
let
you
know
that
I
shared
that
chart
on
the
on
the
legal
channel,
as
well
as
a
terms
and
condition
contract
that
we
have
from
for
conviction
voting
we
have
from
aragon.
So
if
anyone
wants
to
take
a
look
at
that
before
we
can
dive
into
it
in
the
following
weeks,
that'd
be
that'd,
be
great.