All members of the DAO will be considered scouts. As soon as a member joins the DAO, they will be assigned a ‘Unique Referral ID’ called ‘SG URI’ that they can use to refer other startups & also other members into the DAO. This will encourage all members to refer their network easily and without any significant effort, and allow them to earn patronage for this simple task.
Scouting/Referral Process:
  1. 1.
    Joining the DAO & receiving the SG Unique Referral ID
    • As soon as a member joins the DAO, an URI is automatically generated and assigned to them
  2. 2.
    Receiving more context on their role as a scout + start referring
    • A day after being on boarded as a DAO member, each member will receive an email explaining the referral process and its benefits
  3. 3.
    Member Referral Leaderboard
    • There will be a Discord channel where members can access a LIVE leaderboard of referrals
  4. 4.
    Receive Patronage Tokens
    • At the end of vetting process, the DAO will assign patronage tokens to the members based on their contribution
  5. 5.
    The same process repeats itself each cohort…
Incentive Plan via Patronage Tokens
You will start earning patronage if a referred startup reaches stage 2 out of 4 of our DAO vetting process, and you will earn more the further they get, with most being given to those whose startups are accepted into the accelerator itself!
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