The 2017  RChain Cooperative Annual Membership Meeting, October 24th. 

 

Overview

The member meeting will begin today. October 24th, 2017 at 6PM (PDT)

The voting process will be closed tommorow, October 25th, 2017 at 6PM(PDT)

There will be no quorum requirements for this years meeting, that may be subject to change the next Annual meeting. 

Members attending the event in person will fill out a physical ballot to be processed manually. 

You can view that ballot within our shared drive through this Member Ballot link

 

Voting Electronically

If you are a verified member that was unable to attend the event in person and would still like to participate in the voting process, a SurveyMonkey survey will be sent out from director2@rchain.coop. If you did not see that mail, please check your spam folder. 

If you did not recieve any email, please dm @kennyrowe or @ian on our members discord and they will provide support. 

Crypto-Mechanism

Instructions: 

First: Confirm your KYC and sending address with one of the "Temperance" level discord members such as @ian, @leithaus, or @kennyrowe. 

Second:  Send small amounts RHOC ("dust") to the option that you would like to vote for. In the case of ranking options, such as Board of Directors, simply send a little more "dust" to the nominees you would like to rank higher. 

Board of Directors

0x723B64F9131c4a040f4e62a8B7DCA52C3410699C - Lucius Gregory Meredith 0x1AA70Eb70A52207AAC6B0Fe421b32f0ce11Ca96b - Evan Jensen 0x88867aC48309654FAf85d1e50234b9C1bcA9Ad77 - Ian Bloom 0x7ab0e221F6437a3DFbf5132f9ce2606566505044 - Alexander Bulkin 0x8Ab62610066BbF6b29Fc2F5D57c2e8FF81607898 - Kenny Rowe 0x6d4aCc7f6Da6ae21E6C8688F9FD896C749c7f9d1 - Vlad Zamfir 0x8Eb5AfA1D971786E10bbbb05e3a3b84bc18Fa1D2 - David Currin 0xBa9a02147798f390b1Fb7936AaB0DAE0A2BA28B1 - Navneet Suman 0x4797e1f4395e1E7D384023fA311A2C469D5c65D9 - Hendrik Jan Hilbolling

Selling of RHOCs

0x11AF2d78b0c0541d91ED6d24a74108bB01602da8 - The Cooperative should sell from its treasury to put no more than 200 million RHOC tokens in circulation during the next calendar year. 0xf0D53E1396504b1E64156cC5c50221ec95ab7f5E - The Cooperative should sell from its treasury to put no more than 300 million RHOC tokens in circulation during the next calendar year. 0xaB902858Ce59A268c2774f590c587332fd2046D3 - The Cooperative should sell from its treasury to put no more than 500 million RHOC tokens in circulation during the next calendar year. 0xFec1EDA839b577F10ec7152108D8904fEb9647e1 - The Cooperative should sell from its treasury to put no more than 750 million RHOC tokens in circulation during the next calendar year.

Selling to Non-members

0x582f02BB23d0CEE930eC1f06f3e9bF96DBFF7c1f - The Cooperative should sell tokens to non-members. 0xc3075Bc837b1101066Df18806b332A1fbDCE9e39 - The Cooperative should not sell tokens to non-members, and sell tokens only to members in the Cooperative.

Locking of RHOCs

0x797d35A3d3f9D7016653aCb5A6cDB3296dC12128 - The Cooperative should use a smart contract lock-up mechanism for tokens which may not be sold in 2018, during the year of 2018. 0xa6199bB02D879f6EA347353b162FB6db5e924DA5 - The Cooperative should burn some quantity of tokens to permanently destroy them.

0x7B57569a6f27a632cB699c9887B0A0f98a86Ed77 - The Cooperative should keep RHOC tokens in the treasury and not sell them unless directed to do so by member vote.

0x91823668Cb0e14BC4E4d9dEe94625a6cEaDE671f - The Cooperative should have no restrictions on the board (or officers) to sell additional RHOCs

Conversion process for RHOC to REV

0x61438Baa9d05ff854E3d9EDF8d2E32f08dB1fDF6 - At the planned launch of the RChain platform the conversion should be automatic at a specific block height (or timestamp) to send REV tokens to all RHOC token holders at that point in time.

0xdC0131d9c7419c999a11f94615bb5E1466EF36E7 - At the planned launch of the RChain platform a smart contract should be deployed where a user must explicitly send RHOCs to the smart contract address, where they will be burned, and an equal number of REV tokens will be supplied.

0x1DF7E76Ff2688f8fAD37E33BF147C9529e47B8c5 - At the planned launch of the RChain platform, some other procedure should be used for the REV conversion; or this should be decided later.

Airdrop

0x746Fd9eFf9991F7365324eB841d1E9C9bA86a26B -  Upon launch, a small, specific amount of REV tokens should “airdropped” using a procedure/method to be determined at a later date.

0xB34592F5B4AdC4E8ad3A864689F373a2DC401E9b -  There should be no token airdrop upon launch.

Staking Tokens

0xaDEA9e2458CD262571Af26483CaA19499784b215 - The Cooperative should not allow the creation of more than one staking token (the REV token) for the period of 6 months after the launch of RChain. 0xF18897658d0126AcBA4c3D036DaA1A6d3eAd5882 - The Cooperative should not allow the creation of more than one staking token (the REV) for some period after the launch of the RChain platform, of some other duration to be determined later.                                                            0x3d049Ee86921Da6965A83A4Cc23860Bf86a48608 - The Cooperative should allow the creation of more than one staking token at the launch of the RChain platform.

Live Steam

The link to live stream will be made available up before the beginning of the membership meeting and posted to social media, the rchain.coop website as well as slack and discord. Feel free to attend and participate in the lively discussions.