Improvement Proposal - Exchange Listings

Council Proposals TELIP
6

Dear @Coops,

Congratulations on submitting the first forum proposal! This is truly an exciting moment for our community. Your initiative marks a significant milestone in our journey towards collaborative governance. I want to express my sincere appreciation for your engagement and enthusiasm. Please consider this feedback as a means to guide and support, not discourage. Let’s dive into some key points to help refine your proposal and deepen our collective understanding of the Telcoin governance structure.

Important Legal & Organizational Distinctions:

  1. Telcoin Association: Our Swiss Verein, domiciled in Lugano, is the legal entity for the community to govern the Telcoin Platform. It empowers miners with legal rights, recognition and a framework for organizing our collective decision-making over the Platform, TEL, and its governance institution.
  2. Telcoin Association vs. Telcoin Inc.: It’s crucial to distinguish between these entities. The Telcoin Association is the overarching governance body for the blockchain Platform and TEL token, while Telcoin Holdings Pte. Ltd. (parent company of Telcoin Inc.) is just one member, participating as an Application Developer and leveraging the shared system as infrastructure. This distinction ensures that our community, not a single company, drives our platform’s future.
  3. Role of the TAO: Telcoin Autonomous Ops, Ltd. (TAO) is our UK-based operational arm, wholly owned by the Association. It’s responsible for implementing the community’s decisions. This separation of governance (Association) and execution (TAO) is key to our decentralized structure, allowing for community-driven decisions and professional implementation.

Clarifying Proposal Rules:

  1. Financing New Tasks: Your proposal introduces exciting new activities beyond the TAO’s current scope. For such proposals, we need to include new financing details. This ensures transparency and feasibility in our decision-making process.
  2. Assigning Tasks to Individuals: Our rules prevent assigning new duties to specific individuals without their consent. As a best practice, always consult with potential implementers before including them in a proposal. For now, let’s replace individual names with “the TAO” as the implementing body.
  3. Proposal Refinement Suggestions:
    • Remove individuals’ names (Tim Mahota and Parker Spann),
    • Add the Platform Council and Treasury Council as the voting organizations
    • Add the TAO as the implementing body
    • Engage with the Council Members, the TAO, and other Association members here on the forum, in Discord, and in the upcoming Council meetings to determine the implementation and financing details, further refine the proposal, and achieve consensus.
    • Include a detailed cost breakdown and proposed funding source.

Next Steps:

  • Platform and Treasury Council Meeting: I’m excited to explore this and other proposals in our upcoming meeting. This will be a great opportunity for collaborative discussion and refinement.

  • Research Questions to Consider:

    1. Why is this initiative beneficial for our community?
    2. What’s the proposed source of TEL for this project?
    3. What’s the estimated time and cost for implementation?
    4. How will we compensate the implementing party?
    5. What specific outcomes do we expect from this initiative and what metrics will we use to define them?

  • Compliance Reminders: Remember, forum proposals are informal starting points. They allow us to collectively explore and refine ideas before formal voting. For this proposal, we’d need approval from both the Platform Council (6/8) and the Treasury Council (4/4) via a TELIP process. The Compliance Council can veto if there are regulatory concerns, breaches in Association rules, and Constitutional mission, vision, and values.

This is an excellent starting point, @Coops. Your proposal has sparked valuable discussion about our governance process. I encourage everyone to continue engaging in these conversations – they’re crucial for building our collective knowledge and strengthening our ecosystem.

Thank you all for your dedication to the Telcoin ecosystem’s future. It’s through these collaborative efforts that we’re shaping a more robust and effective platform. I’m looking forward to seeing how this proposal evolves and to our continued discussions in our upcoming council meeting.

Let’s keep the momentum going!

Best regards,

Parker

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