Founders
Each member has a certain level of voting power that he can use in the decision-making process. In clubs raising funds for a project, investors have a greater say in the decisions.
Each proposal has a predefined quorum that needs to be reached in order for a proposal to be executed. Additionally, a maximum voting time can be set - if the quorum is not reached within that time frame, the proposal is rejected. Once the proposal has been accepted, any member of the club can execute it.
There are three types of proposals that can be created:
Discussion proposal - made for discussing further actions within the club. Only investors can create these proposals and vote on them.
Transfer funds proposal - made for transferring the agreed amount of funds to the project.
Withdrawal proposal - made for withdrawing funds during any stage of the project's evolvement. Only investors can create these proposals and vote on them. The available amount to be withdrawn is calculated automatically.
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