Management
Voting to secure finances and management.
Last updated
Voting to secure finances and management.
Last updated
The Decentral-Art project management system is not centralized and the entire team has a say in decision-making through voting, confirmed via a smart contract on the blockchain network. The tool used for multilateral management, https://vote-uni.decentral-art.com/, uses the contract https://etherscan.io/address/0x7ed0b554bfb1519de995f630bdde7159650fa13a.
COMPANY is the amount of ART tokens in the company, including earnings/commission from art trading.
TOTAL IN REWARDS is the amount of ART tokens in the company together with the funds deposited for rewards for users, which are automatically paid out on an ongoing basis by the smart contract managing the payment of rewards.
ETH is the amount of ethereum in the vault from the sale of ART tokens
// vote 0x7ED0B554bfB1519DE995F630bDDe7159650fa13a
// uni 0x6509Cd7432EFcBD0eb128418bD476951A684DBFe
// erc223 0x570936840fA942C96ca4C57A170dDa494DD9B9C6
Adding a board member in vote-uni.decentral-Art is simple and only requires adding the ERC20 wallet address in the Ethereum network and submitting it to the vote of the current board members. The vote passes by a majority of over 50%. Each board member has one equal vote, regardless of the number of tokens in their wallet.
The board members determine their shares among themselves through voting. All board members vote using a contract to set the percentage shares in the company. Each board member has one equal vote and the vote is accepted through a majority of over 50% (50.001%)of the votes cast.
Payouts for board members are subject to a vote by all board members each time. Each member has one equal vote. The payout proposal, i.e. the amount, is set by one of the board members and subjected to a vote. If the vote passes, the smart contract then disburses the respective percentage amount to each board member's (i.e. wallet) share as set and previously voted upon.
Sending ART tokens to a selected wallet is subject to a vote by all board members each time. This is done by determining the target to which the ART tokens are to be sent and the amount, which is the number of tokens. One of the board members inputs the ERC20 wallet address on the Ethereum network and the amount of ART, thus initiating the voting process. Each board member has one equal vote in the smart contract. The funds will be sent if a majority, or over 50% of the votes, are in favor, or it will be rejected if the number of votes does not exceed 50%.
Sending ETH to a selected wallet undergoes the same initiation and voting process as sending ART tokens. The process involves determining the destination wallet address and the amount of ETH to be sent, with one member of the board entering the ERC20 wallet address in the Ethereum network and initiating a vote.
ADD VOTING
VOTING IN PROGRESS
Each member of the board has an equal voting power in the smart contract, and the funds will be sent if more than 50% of the votes are in favor, or rejected if the number of votes does not exceed 50%.
The management system is already in operation
The employee and investor management system is currently under construction.
