The Project
How The H.O.M.E. Project Works

FROM HERE THIS ALL NEEDS DEVELOPEMENT.

M.K. Ultra does not have the technical skills to make this realistic. This is all conceptual.

THE FUNDEMENTAL PRINCIPLE

is how to fund indefinitely. Provide incentive, maintain fund security, and keep corruption out.

Fund Allocation

            The fund allocation system is designed in such a way as to create incentives to keep The H.O.M.E. Project operating indefinitely.  The ultimate incentive is charity.  The more fiscally significant incentives are as follows:

  1. Anyone who donates a minimum of $10USD or maximum of $5000USD of bitcoin to The H.O.M.E. Project charity DAO collects interest from holding their funds in the investors pool.  They can remove their funds at any time.  But will not receive interest which is paid on the 1st of every month unless they keep their funds in the system.
  2. By being in the investors pool you are automatically a member of the democratic system.  Depending on their involvement and the democratic process anyone can potentially climb to be voted to the first tier where people in that tier receive monthly payments.  Or even further get to one of the seven seats of the final decision table where a higher monthly payment is paid out.

  Fund Allocation Explanations:

  1. Anyone who wants to take part in this charity can donate a minimum of $10USD and a maximum of $1000USD worth of bitcoin into the pool.  The reason for a maximum is so no one person has to much financial control over the pool.  They have the right to take their funds out of the pool at any time.  When you have your funds in the pool you get a seat at a decision table in order of when funds are added.

    
  2. Together all the monies will be held in the best interest accruing system as possible.

    
  3. Every month the interest made from the pooled savings will be split 50/50. 

    

  4. a. One half will go back to the people who are holding their funds in the pool according to the weight of their funds. 

    b.The other half will go into The H.O.M.E. Project.


    
  5. Another 50/50 split will occur within The H.O.M.E. Project.


    

  6. a. These funds will be allocated for the budget to build a H.O.M.E facility.

    b. These funds will be allocated for the operations of The H.O.M.E. Project.


    
  7. Operation funds are then split 50/50


    
  8.  
    a. Funds will be split 50/50 between the 7 Final decision table members, and the first-tier final decision multiple table members.

    b. These funds will be allocated to pay all employees, contract workers, and other operational expenses of the organization.


    

  9. a. These funds are direct pay to each of the seven table members for incentive to maintain this organization.

    b. These funds are direct pay to each of the seven table members of all seven tables of tier one for incentive to maintain this organization.


    
  10. The H.O.M.E. Project will always accept charitable donations of any size.  Persons or parties who do a donation this way do not gain a seat at any decision table, or say at during decision table processes.  All the funds will go directly to  The H.O.M.E. Project.

    

  11. a. 50% of the interest generated from the funding of the NEW H.O.M.E. account is shared with investors.

    b. 50% of the interest generated from the funding of the NEW H.O.M.E. account is shared with investors.
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  1.  Investor pool account 
    -Funds would need to be committed to a pool all in bitcoin, but allowed to be taken out by investors at any time.  The total investor pool would need to be stored in a way that would collect interest and pay out on the first of every month.  Investors only receive the interest payment if they have been in the pool for the full month.  They do not receive the payout for the month if they exit before the 1st.  With the investors investment in the pool they are also added to The H.O.M.E. Project democratic system.  Similarly, they are removed from the system if they remove their funds from the pool.  Place in the democratic system is always determined by entry into the investor pool.  If you exit then re-enter you start at the bottom.  You are only able to rise in the democratic system by remaining in the investor pool.  

  2. The H.O.M.E. Project
    -Account is a bitcoin wallet.  It’s receiving address is widely open to anyone in the world.  It is encouraged by all who want to help The H.O.M.E. Project to share, market, and promote this address to gather funding for The H.O.M.E. Project.
    – Half the monthly interest made in the investor pool is transferred on the 1st of every month to this account.
    -On the first of every month all funds in this account are split in half and auto transferred to accounts 3 and 4. 
    -This wallet cannot transfer its funds outbound to any other accounts.

  3. New H.O.M.E. account
    -This account’s funds are stored for the construction of a new H.O.M.E. and collect interest every month.  On the first of every month half the interest made is sent over to the investor pool account to be part of the monthly pool payout.  The remaining interest is added to back to this account.  Table members will gather the statistics and other information required to determine how much is needed to build a H.O.M.E.  When the account balance is double the number required, and the project planning is complete.  The funds will be released to all the parties involved in the construction.  Only companies who will receive payment in bitcoin will be considered.

  4. The H.O.M.E. Project operations account

-This account is for the continual operation of all the H.O.M.E.’s in operation.  No H.O.M.E. can be built unless the budget to operate all the H.O.M.E.’s is double the required amount.

H.O.M.E. Operations

Each H.O.M.E. will require a manager as a full-time employee.  This manager will be responsible for maintaining the operations of only one H.O.M.E.  The manager will be responsible for making sure the contractors keep the H.O.M.E. system continuously running smoothly.  Also making sure the upkeep is taken care of.  The operations spreadsheet has more details.  Some of the oversight the manager will provide is:

  • Security contractors
  • Food services
  • Housekeeping
  • Water bottles fully stocked
  • General maintenance

The manager is responsible for knowing all the laws, by-laws, and other rules and regulations to keep the H.O.M.E. continuously in operation in its locale.

Seats, table, and tiers:

To start this DAO charity seats are open to anyone in the order that they join the team.  We will need to get enough people involved to develop the IT side of the system, make it functional, and test its functionality.  The more the merrier but hopefully we can get enough people involved to have a final decision table and the first tier at the very least.  When we’ve worked out all the bugs and decided that the system is ready to go live everyone’s place will remain until the end of the first operational year.  On the 1st of the new year the voting system will go live.  Seat holders of the final decision table and tier 1 will NOT receive any compensation from the system until the 1st of the following year after the next election.  Seat holders’ payouts always come after a full year of being in their seats and paid out the day after the election.

Definitions:

Seats – Everyone who donates to the pool gets a seat in The H.O.M.E. Project.  On election day seats are randomly reassigned to tables in their respective tier.  Seats are assigned in order of registration and investment into the investor pool.

Tables – Tables are created when there are seven seats.  Tables are connected to a seat in the tier above them.

Tiers– Tiers are created when there are double the tables of the tier before it.  

The Final Decision Table:

The final decision table is the board of directors of The H.O.M.E. Project.  They will receive compensation for their positions in accordance to the fund allocation plan.  They will be responsible for running the charity and all that is required for that.

 Teir One:

            Tier one will also receive compensation for their positions in accordance to the fund allocation plan.  This tier will have a continuous vote on who at each table will be a successor if someone at the final decision table steps down or is unable to fulfill their duties.

Election day:

The first Monday of September every year is when elections take place.  The day after is when the results take effect.  Also, when the payout to the previous seat holders is released.

Throughout the year people in their seats at their respective table have to pick someone other than themselves to be voted up.  They can change this vote anytime throughout the year, up to 11:59 on the Sunday before the first Monday of September.  Votes are always private.  At 12:00 AM one person will be voted up and the person in the seat previously will go back a table.  The seat that moves forward and the corresponding seat that moves back a tier cancels out the up vote from the lower tier table connected to it.  When this happens all seats at tables will be randomly reorganized in the tier system.  The new year order will commence the year at 12AM the first Monday of September.  The payout for seats of the previous year will be paid out as well.  If a vote stalemate anomaly occurs where there is no clear winner all votes will be rejected, and will result to a second vote.  If it happens again the entire tier will be randomized and a vote will happen again.  If seat members fail to take part they will be pushed back a tier automatically.  If they are pushed back from failed participation they will not receive their yearly payout.  There are no exceptions to this system.

Tier creation:

Every investor is automatically added to the democratic system and received interest payments based on the size of their investment.  But will not have voting rights until they are added to a tier, or if a new one is created.  A new tier is created when there are enough seats in the tier creation pool to make the required number of tables with seats for another tier.  A tier is always double the size of the tier above it.