SELF-CONTROL THROUGH FINANCIAL MANAGEMENT.
Organizing neighborhoods to adopt government-like functions.
According to the Distributed Capital framework, DNO, short for Decentralized Neighborhood Organization, is the autonomous platform under which communities get organized.
It operates as an economic-oriented collegiate body, with focus on the administration of the resources in a way that benefits its members and neighbors.
The administration of each DNO gets organized into three internal directions:
A place for leaders to combine merits with experience to achieve common goals
The Common Advancement Leadership Group takes care of the political vision for the neighborhood.
It will guide the community by providing timely solutions to its problems through custom planning that would address common issues based on priorities and convenience.
Moreover, it is the body in charge of representing each neighborhood with peer DNOs, while leading the conversation with government authorities and private organizations that are making life within the area, and surroundings, where the neighborhood is located.
DUTIES & ASSIGNMENTS
When a bank-like mindset converges with collective wealth.
About the Economic Development Leadership Group is a collegiate authority that manages the resources generated by approving loans, managing the investment representation before the city LEC. It also represents the neighborhood before the local Weenhood chapter.
The neighborhood EDLG also coordinates the application of Distributed Capital philosophy through local productivity-clustered entities. In short, the EDLG will execute the financial vision for the neighborhood the CALG got instructed from neighbors who elected them to office.
As collegiate bodies, their combined mission will address any relevant situation concerning dApps development, finance, marketing, and expansion. As we have envisioned, dApps are a key element of DNO's financial portfolio: as reliable providers of services for the neighborhoods and to promote neighbors' investment through one of the DiCap financing formats available for neighborpreneurship.
What about neighbors controlling the destiny of their communities?
The Wellness and Civism Enforcement Leadership Group will be in charge of programming social activities across the communities.
The Wellness group uses funds assigned by the Economic Development Leadership Group to foster get-togethers around the neighborhood.
Those public events aim to bring solutions to issues such as health-care, food sovereignty, housing, recreation, education, employment, and numerous others managed by the community leadership that are bound to improve the living condition for the neighbors.
This leadership group works as a liaison between the private-owned local productivity-clustered entities and their neighbors-customers since many neighbors are their partner investors too.
WCELG is also involved in resolving disputes among neighbors, as well as promoting activities that make them come together as a big family during holidays and weekends.
The CALG will propose fund contributions when deemed necessary to further the neighborhood agenda. They also look for commercial alliances with service providers within the clustered entities arena as well as with those that are not registered.
LEADS ECONOMIC PLANNING
The DNO executive leadership also coordinates with the local productivity-clustered entities under the Economic Development Leadership the policies intended to accomplish the neighborhood yearly goals.
The Common Leadership Group also discusses custom regulations for neighbor members, and the type of alliances they should pursue with other neighborhoods within the same vicinity o geographic boundaries.
How do DNO licenses get assigned to new communities?
To form a new Decentralized Neighborhood Organization applicant should claim a neighborhood and pay the equivalent of $50 (refundable) to kick a verification and acceptance process.
The claimant must prove he/she is a resident of that neighborhood by providing valid proof of address. Since a resident has claimed the neighborhood as a DNO, he/she can opt for a leadership position called Coordinator.
This coordinator will be the only valid authority until scheduled elections occur and in a period no later than 180 days from the date of registration. An extension of the organization period for the same length can be granted upon request and for one occasion only.
An applicant would risk his organization license due to suspension if the community failed to reach formal status in the period accorded.
Assessing tariffs across the community.
The Common Living Sustenance Contribution is a household tariff that would be assessed by the DNO, in order to create an investment fund that offer financial solutions to the local municipality to fund jobs that are required to maintain a balanced living standards in the communities.
Funds can be made of individual household annual property taxes that are set to be transferred to this community fund instead of the local tax authority. Since the funds are coming from mining CEOs, some exemption would apply as well.
As indicated previously, funds are created to be lent to local authorities to further the improving living agenda of contributing DNO. It is a good strategy, since local property taxes are going to fill the arcs of municipalities to finance work and bureaucracy that is foreign to the paying DNO, and often than not, funds are never returning to the community that made the tax contribution.
In other words, if people are guided to use their savings to finance big private corporations through mutual funds, 401K plans, and IRAs, why neighbors cannot finance local municipalities with their earned funds by lending money and resources generated by their neighborpreneurial efforts.