UNA Operating Agreement

Purpose

All In For Sport is an experiment to bring together diverse communities in web3 and sports to partner in developing a perpetual funding mechanism for community initiatives that advance inclusion and empowerment through sport around the world.

Goals

Our ultimate goal is to establish a perpetual funding mechanism dedicated to community-directed funding for inclusion and empowerment through sport. For this project, we aim to convene diverse communities across web3 and sports to co-design this mechanism and support its development in a way that demonstrates what web3 can bring to sports and inclusion.

Current Milestone & Goals

• Launch the All In For Sport NFT protocol and perpetual funding mechanism

In order to reach this milestone, the following goals must be achieved:

• Establish Self-Management Foundations for AIFS
• Launch a Perpetual Funding Mechanism

All proposals and initiatives should include a clearly stated goal and must work toward achieving the current milestone in a meaningful way. Members are encouraged to reject proposals which do not contribute to the achievement of a specified goal.

Ricardian NFT

All In For Sport (referred to in this documentation as the “DAO”) uses the Trustless Unincorporated Nonprofit Association Agreement (“TUNAA”) as its basis for self-governance, and to differentiate between DAO treasury holdings and the financial activities of its individual participants. By joining the DAO and/or holding its membership tokens (“badges”), you signal your consent to this agreement and any others defined within this directory.

The Trustless UNA Agreement does not represent a business partnership, nor does it imply the existence of a registered legal entity or tax-exempt status. However, the agreement does provide a basis from which the DAO can create a legal entity or seek tax-exempt status (or other tax election) in the future.

View diagram Trustless Unincorporated Nonprofit Association Agreement (“TUNAA”)

This operating agreement concerns only the DAO treasury as a siloed entity, independent from community or operational governance bodies or any agreements which govern them. The “TUNAA” is a static document which is recorded in the DAO treasury wallet as a Ricardian NFT. The agreement may only be altered or revoked via a DAO state update proposal and with consent of the DAO Advisory Group (A.K.A. “Operational Governance” or “OpGov”).

By ratifying this DAO state document and/or joining the DAO, consenting to the Trustless Unincorporated Nonprofit Association Agreement and its terms. You may dissociate yourself from this agreement by leaving the DAO.