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kristof de spiegeleer
2024-03-22 09:32:20 +02:00
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collections/tfgrid3/governance/tfcoop_intro.md
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![alt text](tfcoop_intro.png)
# TFCoop
# ThreeFold Cooperative
ThreeFold Dubai would like to hand over the day2day operation of the TFGrid to a cooperative.
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## Cooperative Founder
TF Dubai is looking for 9 TFCoop Founders to setup the COOP Structure.
TF Dubai is looking for 9 ThreeFold Cooperative Founders to setup the COOP Structure.
## Cooperative Director
Are voted by the members, but at start are the same as the 9 TFCoop Founders.
Are voted by the members, but at start are the same as the 9 Founders.
They are like the board of a Cooperative and need to structure how the TFCoop Members will vote and be part of the governance.
They are like the board of a Cooperative and need to structure how the Cooperative Members will vote and be part of the governance.
The Cooperative will have a team which will do the day2day for the TFGrid.
The Cooperative is funded by utilization of the grid (at start 50%)
The Cooperative is funded by utilization of the grid (40% at start).
Cooperative Directors are renumerated for their contributions.
Cooperative Directors and the team are renumerated for their contributions.
## Cooperative Startup
- ThreeFold Dubai grants 0.5 million TFT to TF COOP
- ThreeFold Dubai grants 2 million TFT to TF COOP (TF DMCC and others can grant more)
- TFCoop Founders will look for initial funding (sell the TFT, look for extra)
- TFCoop Founders will setup the cooperative in chosen jurisdiction (might be NL)
- TFCoop Founders will work with TFTech for technical implementation of membership (as NFT), ...
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- Operate the tools (forum, websites, ...)
- Collaborate with the Guardians for the operations of the TFChain and supporting tools
- Define & operate the benefits for the Members
- Distribute the TFT Fees for Utilization.
## Status