Bro-n-bro foundation

v1.0.0 (actual till 2022/01/01 00.00.00 UTC)

The Idea

By this agreement, we define bro-n-bro foundation, as a sovereign self-funded community of scientists, developers, engineers and craftsmen who support its mission.

The Mission

The mission is a support and develops a decentralized world

Values

We believe that we are united by the values we share, thus helping us to achieve our goals:

Security. We work with digital signatures only
Anonymity. If someone chooses to stay anonymous or private - it is their right to do so
Open-source. Everything we run in production must be open-source either software or hardware.
Transparency. Transactional transparency is fundamental to community building
Informational freedom. No local laws can prohibit the flow of any information
Economic freedom. Nobody has the right to prevent or block transactions
Free will. We reject corporate slavery bullshit, such as conflict of interest or NDA
Capital, not salary. Helping to switch our team from selling time to selling knowledge
Engineering is marketing. We would rather spend our resources on the engineering of marketing, than on marketing itself.
Physical liberty. Limitations for physical liberty can be economic, but not authoritative
Automation. Everything that can be automated, must be automated
Intelligence. An entity can be treated as intelligent if they can control their private keys and can sign transactions
Decentralization. Everything that has a single point of failure may not have it
Build for centuries. We believe our grandchildren could use what we built

Adding bros

Bro-n-bro expanding if and only if bro-n-bro members approve the adding of a new bro. The conditions of adding will be defined by bro-n-bro in each case separately.

Removing bros

If one bro is leaving, they receive a one-time drop, which is calculated by using the following formula: total valuation of assets under control / number of bros * 0.5

The other 50% will be left in the foundation. The drop must be executed in 30 calendar days after the initiation of a proposal.

As an exceptional case, it is possible to remove a bro by a governance proposal. Not recommended to use. No bro way.

Liquidation procedure

Foundation can liquidate itself. If this event happens the following will occur:

The software goes to a public domain
The hardware obtains personal freedom
Non-transferable tokens will await being transferable
Non-fungible items will be auctioned
50% of transferable tokens, will be dropped to founders. 50% will be dropped to teams.

Processing incomes

If a community decides to drop to bro-n-bro, they must understand the following guidelines:

60% is dumped back in favor of our communities and will remain under the control of bro-n-bro. bro-n-bro can choose to fully keep the dropped tokens to itself;
40% of the tokens will be dropped to teams

Fund allocation and spendings:

50% of weekly profit will be allocated to fund wihout charging expenses. Fund pays all expenses.

Spendings:

Salary
Infrastructure
Participation in conferences (tickets, accomodation, flights, per diem)
SWAG

Forks

If any team feels the independent need to create a new organization or a fork, they are free to do so. Bro-n-bro members will benefit from such behavior and are ready, in case the team is self-sustainable, to transfer repositories.