How to introduce deals to Honey DAO? How deals and related works out?

Deals can be brought to the DAO by any DAO member. The first step is general discussion in ‘the-hive’ channel in the Discord. It doesn’t matter if your project/deal gets traction, the next step is to post the deal in the forum. The conversations will start in the forum. The dealer (member who brought the deal) can then request one of the Mods or Hai Kukoten to post in the ‘sentiment’ channel.

Deals can be posted in the sentiment channel after 96 hours from posting it in the hive channel. In case of time-sensitive project or deals, it can be fast-forwarded to sentiment. The sentiment channel helps to get the general sentiment of the members regarding the project. If we have more votes, we proceed on discussing the deal. By the time a project is posted in the sentiment channel, we’ll have a dedicated channel for discussions related to the project to keep comments organized.

After the project has passed the sentiment channel, someone from the DAO can discuss the deal, or we might already have one. We will have a pledge form by now to check the estimates and roles everyone is playing. The last step is the vote to fund the project. The project and every information will be posted, and the members needs to vote to fund the project, if the vote passes, we will fund the project, else we won’t fund it.

Decentralized VC funding seed or private rounds of DeFi projects.