Security

Proceeds from the mint will go into 3 different wallets: Genesis Mission Giving Fund, Mission DAO Treasury and Mission DAO Operations Wallet.

All transactions will be public on the blockchain.

Gnosis Safe

Mission DAO will be using Gnosis Safes to hold our funds. The Gnosis Safe is one of the most secure ways to manage crypto funds, and has become the preferred way for many projects to manage their Ethereum-based assets. At the time of writing, more than $19.5 Billion worth of digital assets are secured in Gnosis Safes. A multisig - short for Multi-Signatures - setup will be set in place for additional security. It is used to increase security by requiring multiple parties to agree on transactions before execution. Transactions can be executed only when confirmed by a predefined number of owners.

Signatories

Genesis Mission Giving Funds (MGF)

There will be a total of 12 signatories, 9 of them will be from the founding team, and the last 3 will be selected from the Mission DAO community after the Genesis Mint.

6 of 12 signatures will be required to move the funds after spending has been approved by a DAO vote.

A 1/2 Multisig setup is standard practice in most DAOs.

Mission DAO Treasury (MDT)

There will be a total of 6 signatories from the founding team

3 of 6 signatures will be required to move the funds.

Mission DAO Operations (MDO)

There will be a total of 6 signatories from the founding team

2 of 6 signatures will be required to move the funds.

A 1/3 Multisig setup is standard practice for Operational Wallets.