Parachute DAO
Parachute 2.0 = Community-centered governance & growth for Parachute
2018
Parachute launches to create community, explore ideas in crytpo
As an early community, Parachute explores ideas such as freelancing, mining, bounties, and community events on blockchain.
2019
2020
Parachute grows and creates several subsets and offshoot communities to explore ideas, products, and directions to dedicate energy.
In Q4 of 2021, Parachute transitions to a full DAO, where governance, direction, and new products are created by and for the community.
2021
The Parachute DAO will participate in votes to decide managers, shape governance mechanisms, and decide sprints for shaping the future of Parachute.
2022
PAR
The governance token
Holders of PAR will be able to create and pass proposals that will shape the absolute direction of Parachute.
Funding Growth
Community PAR will be placed in multisig wallets, where designated signatories will enact funding for proposals that require PAR
Delineating Bandwidth
The direction of products under the PAR DAO will be managed by governance.
Creating Committees
DAO members can pass proposals to spearhead subcomitties focused on specific areas of Parachute DAO management and growth.
Products & Revenue
New products built entirely post DAO transition may utilize PAR mechanically, as decided by decentralized governance proposals
