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AIA CLUB

Its a treasury Management Dapp to raise funds. ALl the funds distribution is based on the basis of the vote.

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Description

Its a treasury Management Dapp which helps small startups & students to raise funds. ALl the funds distribution is based on the basis of the vote.


Features of AIA Club

  • Create investment clubs: Just define a name and the club will be associated with the account of the user who creates it (owner).
  • Join Dao -> User have similar interest based on their profile can only join otherwise they r not eligible to join
  • Contribute to the club: Any member of a Dao can contribute to the common fund (pool), depositing coins that can be used in proposals.

https://testnet.aiascan.com/tx/0xbb8a0838f51b775d607e0d10e590d72e88daf7eff1de25824682d4d567959214

  • Create and Vote on Proposals: Any member who has contributed funds to the club pool can create proposals, giving a description, amount (not to exceed the pool amount), and recipient, with a view to investing in any business/person in a project. Also, all members can approve or reject the proposal (only one vote per member is allowed on each proposal).
  • Run Proposals: A proposal owner can execute a proposal (if approval is greater than rejection), which will cause the proposal amount to be sent to the specified recipient. The owner can also close a proposal, in case of not continuing with it, either as a cancellation, publication error or to avoid sending funds.

https://testnet.aiascan.com/tx/0x4b560f44617d34392ca3cc5f4cdbcdfa8cf6f7642d8973f99c405eced02f186b

  • Timing voting: After creation of proposal there is only about 5 min time is given to the mmeber to vote.

Restrictions

The club smart contract has some restrictions, similar to real hedge funds:

  • Up to 99 members per club (in many jurisdictions, such as the USA and Chile, this is the maximum limit of club members for certain purposes and types of clubs).
  • Only members can participate in club instances.
  • Only members who contribute funds to a club have the right to create proposals.
  • Only proposal creators can execute them.

What Next for AIA Club ?

  • ChainLink function (Twitter) -> I can use twitter function to check the latest post wether that person is fake or real
  • Ai for recommendation on user interest
  • Chat system b/w voter and proposal owner





Team LeaderOOMEGA_ OP
Sector
DAO