Intuition Box is creating an ecosystem of Intuition builders. At the intersection of the Intuition launch and the evolving of AI, we now have the opportunity to democratize and offer builders an aspiring opportunity to shape the future of the world by leveraging the Intuition Protocol.
Intuition Box is under services contract by the Intuition Foundation with the mission to speed up the uptake and expansion of the Intuition ecosystem. We will assist builders who carry out actions that live up to expectations and align our mission and values by:
- Exploration of Intuition use cases
- Decentralized governance
- Community building
- Documenting and public building
- Mentoring builders
- Recognizing and rewarding public good contributions
Intuition Box is for all Intuition builders — contributors, researchers, developers, designers, operators, and anyone shipping meaningful work in or around Intuition.
Intuition Box DAO
The eventual achievement of our shared objective of creating a better, more harmonious Intuition ecosystem will be heavily influenced by our collective actions and how we choose to prioritize from this community seed. The Intuition Box DAO is composed of all Intuition builders, it has its own Treasury and is in charge of deploying these funds on behalf of the community to projects and individuals developing valuable services and products on top of Intuition.
The DAO membership is seeded with every builder who has contributed to Intuition. The DAO will be accountable for the developer community and how it allocates funds, and will offer quarterly updates on how funds have been used.
Intuition Box LLC and Intuition Foundation signed an agreement to provide monthly USD $10,000 to the DAO, those funds will be in the Intuition mainnet, allocated in a Safe detailed bellow. This structure is designed to evolve as Intuition Box matures and progresses to a fully decentralized structure, which all members will own based on merit.
We need to keep things safe, compliant, and operationally simple while we bootstrap, we’re using this initial structure:
- Intuition Foundation: provides the monthly funding commitment
- Intuition Box (Delaware LLC): operation entity that can sign contracts and pay bills (vendors, services, etc.)
- Intuition Box Safe (Ethereum → Arbitrum): a passthrough flow to fund on-chain operations and incentives
- Intuition Box DAO (Colony contract): governance control and reputation issuer
What DAO governance controls (initially):
- Allocation between ops / incentives (within the monthly budget)
- Payments, rewards and bounty approvals
- Public reporting expectations and process
What DAO governance does not control (initially):
- Foundation-level decisions outside Intuition Box
- Legal responsibilities of the Ops Entity
- Anything that would create legal or compliance risk without proper guardrails
DAO Mainnet Safe
This multisig Ethereum Safe will use Gnosis Safe smart contracts and serve as a secure passthrough flow from the Intuition Foundation to our operations treasury in Arbitrum using Colony.io smart contracts. In the initial setup, the funds will be split as:
- $6k for core members:
- $3k for full time commitment (Saulo)
- $3k for full time commitment (Zet)
- $4k for builders’ missions, bounties, grants, or retroactive rewards
DAO Framework
Everyone will have the same opportunity to have influence in the DAO over time. We propose Colony as the DAO framework for these advantages:
- Fair ownership distribution
- Spread of influence where inactive members fade away and active members gain ownership
- Natural participation decay
- Based on merit
- Zero participation overhead
- Lazy consensus (only requires votes for opposing)
- Zero transaction fees (sponsored by Colony)
- Structure and transparency
- Auto-accountability via domain grouping
- Transactions labeling
- Permissions flexibility
- Embraces progressive decentralization
- Administrators are a backup (can be removed via community consensus)
- Domains admins
- Reputation based
- Embraces progressive decentralization
DAO Reputation
The DAO will use its own iBOX token as a reputation unit to coordinate incentives and participation, it is the primitive for governance voting weight and participation decay (Colony Reputation).
Important notes:
- iBOX is intended as a participation and governance mechanism, not equity and not an investment product
- iBOX is not a promise of profit and should not be treated as such
- Any “backing” language refers to treasury policy targets and transparency, the redemption right inherits TRUST’s value and doesn’t have a value by itself
Treasury policy target (initial intention):
- iBOX is a native token issued in Colony
- Transferability is locked until decentralized consensus about its release is achieved
- Honored 1:1 with TRUST and participation
- Intuition Box will only emit iBOX tokens corresponding to its TRUST treasury
DAO Membership
The DAO membership encompasses all Intuition builders. Members receive monthly governance participation rewards to offset voting-right decay. The initial iBOX allocation is based on each member’s percentage of market-cap shares in the DAO’s Intuition list “Intuition Box Members.”
Intuition Box members conditions:
- A claim exists:
memberXYZ - is member of - Intuition.box - Only builders with proof of work are eligible voters (only their votes are counted)
- Self-votes are not counted
- Voting is equal-weight: each eligible member has the same voting weight (stake amount is abstracted away / does not affect voting power)
Subsequent iBOX distribution is attributed to:
- Contributors’ payments and rewards (each contributor chooses their own split between USDC and iBOX)
- to public goods
- to Intuition Box
- Governance participants
- Initially 1 iBOX per week
- Sentiment signaling
- Decision-making and direction
Conclusion
We’re kicking this off with a forum thread and a Colony/DAO workshop. If you’re building in the ecosystem, we want you here!
We are looking forward for your participation—please leave your comments, suggestions, or questions and we will direct them the best way possible.
Lastly, look forward for an upcoming workshop that will happen on our Discord with the Colony team, to showcase the Colony app (date will be announced later).