DAO Hether MEX

DAO Hether MEX was established to organize a community comprising Hether MEX supporters with integrity as its core value. Its sole purpose is to fund HMX grants and govern the decisions regarding collected fund in a decentralized manner . 

DAO Hether MEX is an automated and decentralized organization acting as a venture capital fund. It is based on open-source code and doesn’t include a typical management structure or board of directors. it is not affiliated with any particular nation-state thus remaining decentralized. 

DAO Hether MEX formed a council that acts as the project team for the fundraising campaign. Council members are represented through a custom token which give them vote to enforce their decisions. Voting is performed through a dedicated voting app that, similarly to a traditional multisig account, requires agreed number of council members’ signatures to pass a vote. Council’s privileges are limited in order to protect token holders.

To join DAO Hether MEX, send us a message in the contact page. Each DAO Hether MEX member receives shares equal to the voting right: 1 share equals 1 vote. These shares are non-transferable and non-exchangeable between members and are for voting/funding proposals only.