Purpose

Invite verified contributors of the DAOSquare community and reputable builders in the DAO space to participate in DAOSquare Incubator governance, working together with all other RICE holders to protect the security of DAOSquare Incubator and advance its development.

Background

We are building a crypto-native solution (DAOSquare) to help startups, developers, builders, creators, and all crypto builders better access funding and growth support, enabling them to turn their innovative ideas into reality and advance the development of the entire crypto ecosystem.

Before DAOSquare, there were many pioneers dedicated to realizing this vision. First, @VitalikButerin abstracted the concept of #DAO and proposed #DAICO. TheDAO was the earliest instance, creating humanity's first trustless investment and fundraising experience, achieving a scale that remains unmatched to this day. Unfortunately, technical vulnerabilities led to its dormancy. Years later, @MolochDAO emerged, calling on long-termism to provide funding support through Moloch's unique mechanism to @ethereum community developers and researchers (especially those non-profit projects crucial to Ethereum's development). Moloch's success also led DAOs into a flourishing phase. Two years later, @VENTURE_DAO and @TheLAOOfficial were born based on the Moloch smart contract. If we say TheDAO represented a great experiment in crypto-native community capital, then MetaCartel Ventures and TheLAO represented great experiments in crypto-native venture capital. Subsequently, numerous developers and startups entered this field, building more diverse products around the concept of DAO + Capital to advance the prosperity of this space, including DAOSquare.

If you experienced the DAO wave that started in 2021 and followed the DAO + Capital space, you likely saw an extensive catalog of products emerge. This rapid development filled everyone with joy, as if dreams were becoming reality. However, such swift growth always carries hidden risks. As you can see today. Many people complain that DAOs are dead, but by that logic, how about NFTs and DeFi? The truth is that the entire crypto space is sick now, and the cause is "speculative-driven." Startups, retail investors, and VCs alike are all driven by speculation. While speculation itself isn't the enemy—much like in nation-building—a community of pure speculators can never establish anything lasting. Though that's a separate discussion, we shouldn't fear this illness—it's actually a form of cleansing. As speculators depart, true builders will remain and inspire others to join. Conversations will refocus on crypto's core vision and the innovations surrounding it. These builders will continue their work, support one another, and advance crypto's development and prosperity. This brings to mind Moloch's philosophy:

We sacrifice ETH to Moloch, which funds developers, projects, and researchers dedicated to Ethereum's development. When more builders—developers, projects, and researchers—collaborate to help Ethereum prosper, the ETH in all our wallets increases in value. (By the way, is anyone still discussing the tragedy of the commons?)

While not every crypto participant will share this mindset, the space must be driven by long-term vision rather than speculative interests.

Back to DAOSquare. Since 2019, we have steadfastly followed what we believe is the right way—building DAOSquare Incubator. Though the journey has been incredibly challenging, we did it, and we firmly believe it will become essential infrastructure in the crypto space. The product launch marks only our first step; it needs time to mature. While we'll continue giving our all, we recognize that this goal requires more than our efforts alone—it needs more like-minded companions. This is why we're launching our RICE Community Distribution. Through it, we hope to unite with those who've remained true to their original vision and have consistently built in this space to help DAOSquare achieve its mission. We extend our sincere invitation to you. Moreover, we welcome everyone to join us, participate in DAOSquare's governance, and contribute ideas. For this, we are deeply grateful!

Eligible Recipients

*Note:

• The four DAO Treasury addresses do not participate in the allocation.
• The allocation of typto.eth and caosbad.eth were denied because as full time team of DAOSquare.* | RICE v1 amount / 0.135 | | Beta Contributors | Participants in DAOSquare's community beta period, identified by the address held by the DKP2, Discord ID (Passport and Cafeteria NFT), and activity score record in Discord.

Note: Typto's allocation was denied because as full time team of DAOSquare. | `Reward on DKP:

• DKP2 amount x 0.1

Reward on community ID:

• Passport to 100
• Cafeteria to 200.

Reward on community activity:

• L1 = 5000
• L2 = 1000
• L3 = 500
• L4 = 300
• L5 = 100| | Admirable DAOs | DAOs that have demonstrated significant impact and leadership in advancing DAO development. |L1 = 50000 L2 = 20000| | DAO Pioneers | Individuals that have demonstrated significant impact and leadership in advancing DAO development. |50000` |

Please refer to the Data Statistics section for a complete list of Early Contributors and Beta Contributors. Below you'll find the list of Admirable DAOs and DAO Pioneers.

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RICE Community Distribution Map

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For details about recipients and distribution calculations, please refer to the Data Statistics section.

Data Statistics

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RICE Information