Business Proposal

Any member of congress can begin the decision-making process by writing a business proposal.

Proposal authors must provide the following information so that other members of the congress can understand and participate:

• Type of proposal

• Title of proposal

• Voting period

• Request amount

• Business goals and descriptions

• Related attachments

In order to prevent abuse, a small fee must be paid according to the policy when registering a proposal, and the fee to be paid is automatically calculated and presented according to the entered request amount.

Members of the congress can participate in the proposed business proposal in three ways: Discussion, Evaluation and Voting.

In discussion, members of congress can share opinions on proposals, recommend good proposals, and display them sorted by the latest and number of recommendations.

Members of congress can comment on registered opinions, and registered opinion and comments can not be modified or deleted.

In evaluating, the suitability of the proposal is evaluated to determine whether to accept it as a formal proposal. Evaluation will be conducted for 7 days including the date of registration of the proposal.

In voting, members of congress can vote for, against, or abstain from proposals that have passed evaluation.

Voting is done to reach consensus.

Voting information is recorded in blocks for transparency.

The hash of the voting information is recorded so that the voting information is not disclosed until the end of the voting.

After voting ends, voting information is recorded in a block, and voting information is aggregated and verified using the hash already recorded.

A quorum for decision-making is one-third of all members of the congress.

A proposal is approved if the percentage of votes in favor exceeds the percentage of votes against by 10%.

Funds can be withdrawn 24 hours after the closing time for voting.

Funds can not be withdrawn if the foundation vetoes it.