ANSP000 : Proposal for ANS DAO Constituition

[smedury]

We believe every DAO needs a constitution.

These binding rules may additionally form the core principles of ANS DAO operation and shall guide us in resolving conflicts in the future and unite us towards one common goal of providing censorship-resistant, peer-to-peer decentralized, and privacy-preserving web 3 domains infrastructure for the Algorand community.

Articles are slightly inspired by that of ens.domains.

I. Name ownership must not be infringed

The ANS DAO must not enact any change to an ANS domain registry that will infringe upon or unfairly discriminate against, the domain name owners' rights to retain, use, renew, or transfer the names they own.

II. Name registration fees are primarily an incentive mechanism

The name registration fees are primarily meant to deter speculative buying and long-term hoarding of names by making it economically infeasible to do so. Changes to the name policy or adjustments to the pricing must also follow the same ethos. A secondary purpose of these fees is to provide the ANS DAO with the resources to support improvements, future development, and expansion of ANS.

III. Earnings fund ANS operation and other community-goods

The earnings from collecting name registration fees and other sources must be mainly used for covering ANS operation costs and for funding community projects. Operation costs include cloud hosting charges wherever applicable, third-party audit costs, and other charges incurred from leveraging partnerships and services for the betterment of ANS. Operation costs may additionally include remuneration to core team members and community contributors for their efforts and contributions. The remaining amount in a fiscal term can be used for funding other (not related to ANS) community projects and efforts towards providing community goods and services.

IV. ANS TLDs must be consistent with the global namespace

New Top-Level Domains (TLDs) may be created by the ANS DAO however all TLDs must be consistent with the global namespace including that of DNS and name services in other blockchain platforms. ANS DAO must not create new TLDs that already exist and being actively used in other blockchain platforms and DNS.

V. Amendments to this constitution by majority vote

Changes to this constitution may be made only by a two-thirds majority and at least 10% of all tokens participating in the vote.

[Cadarn97]

Good job guys 💪...keep it up

[sharmanaveenkumar]

Great news

[calcexeapk123]

Good project!

[Andrii7778]

everything seems to be logical

[Pepitokitty]

I am fully part of the growth of the ANS DAO. I will join in the pursuit the common goal.

[SAturnX10]

DAO is a future of the Constitution

[ItsHenrycn]

I'm happy to be here with the ans organization.

[m0rtexa]

Everything looks great. Waiting for new updates!

[cccjun666]

ANS DAO is my way

[CODESIMPLEX]

Right constitution, as time goes the community might together make an informed decision. All the best ANS team

[NoprofWalen]

All the best ANS team ...

[ghost]

Great project. Thanks team.

[shafin127]

Best web3 domain is ANS....

[shafin127]

Good project.... Thanks ANS team... shafin.algo

[Vidhyanandcs]

This project will be a one of the best community projects on Algorand.
May be one of the first fully functioning DAO on algorand

[CODESIMPLEX]

Well outlined

[SAturnX10]

When they do Airdrop of the dao tokens for the ans domain holders

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