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DAO breakdown with Orange DAO's Ben Huh + Amazon's $11B NFL deal with Lon Harris | E1567
This Week in Startups
How Do You Distribute a Hundred Million Dollars?
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In the legal evolution of downs, thereis no way to get a distribution from those funds. So even if the treasury of the dow received a hundred million dollars, because we did blow out numbers on the the fund, that money cannot be directly given to members like a dividend. But what it does do is your tokens govern how we spend that money for the next cycle or for the next round of company. And so the way orange dow was developed was that it was designed as an endowment for aunch pinership.
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