Comments on ENS Foundation Director Nominees

I donā€™t think thatā€™s how it works. You have to nominate yourself so that we can vote for you.

We could use more options so please do.

lol ok I nominate myself

1 Like

Hereā€™s the thread daylon :sweat_smile:

why donā€™t you say a few words about yourself?! :slight_smile: this is not very effective application

2 Likes

we can ask @berrios.eth to do the ā€œten lawyers knocking on your doorā€ stress test :slight_smile:

1 Like

Iā€™m aware this seems really lazy but I donā€™t want to just rehash the things I already put here -

Iā€™m happy to answer any questions, and I would love the lawyer stress test @berrios.eth . :laughing:

@AvsA would be a great choice, he done enormous things to ENS :hugs:

@avsa is the best choice possible

1 Like

Iā€™m glad I inspired a better nominee :laughing:

@daylon.eth,

You are not looking to be a Delegate or Steward, so reliance on your application is not very helpful.

Also, to the broader community, believing in ENS and Web3 is important, but the vision belongs to the DAO. You have to be able to communicate effectively and manage lawyers and accountants, as the Directors are the legal representative of the client ENSF. But also be able to communicate with government regulators, if called upon. You should compliment and be able to work with the other Directors, but have your own voice.

Fear of legal complications and being the target of lawsuits is way overblown.

Iā€™m not sure jurisdiction is a big concern of the candidate.

Active membership in the community, should be a factor but the best overall fit for the position is what you should strive for.

2 Likes

Request for X is the politest way to ask for X. You can of course decline to fulfil the request for X. It is hardly a statement, let alone a strong one. A request by definition is not a demand. When I said ā€˜doxxā€™, I also clearly stated that it is to establish accountability and not hide behind an avatar. If it was meant with a malicious intent, I wouldnā€™t use the word for myself, would I? After what just happened, would you rather vet your nominees or rather elect another one behind a pseudonym? It is clear from your little comment that you are emotionally involved in this to an extent that you are not yet ready to even ask a serious question. Is your only question to me about the nuances of ā€˜doxxā€™ vs ā€˜legally identify yourselfā€™? :neutral_face:

Hi @Trinedy, I wasnā€™t elected as a Steward although I ran in the elections, so I am currently not a Steward. In fact, I am only a delegate within the ENS ecosystem apart from being an independent contributor.

Thanks for that. I kind of feel like anyone that actually seeks such a position is a bit of a sociopath to be honest. I definitely donā€™t think Iā€™m qualified for such a position, I just wanted to move the conversation forward. My only relevant qualifications would be 4 years in active duty Air Force (experience with leadership and dealing with bureaucracy) and having absolutely no obligations except for classes, so I can dedicate as much time to it as needed. But anywayā€¦ Iā€™d probably vote for you if you wanted to do it.

Donā€™t worry, Iā€™m not even a delegate, but I contribute.

2 Likes

The position, as I understand it, doesnā€™t require a lot of time. Thank you for your service, I served four years in the U.S. Army.

Thank you! I read your profile shortly after the airdrop. Much respect. Your insight is much appreciated. :fist:

+1 on @AvsA, Alex would be the best fit for this role from :fire:_:fire: perspective

1 Like

As a nominee with a legal background, I concur.

Unlike the other nominees with large followings on Crypto Twitter or those that donā€™t even want to be Directors, I barely use social media and I have a real interest in serving the DAO in the real world as a Director of The ENS Foundation. That said I am not just a lawyer, or just joining the DAO. I have been helping build the ENS ecosystem (one of my projects even made it to the homepage of the ENS website) and simultaneously using my legal skills to push forward the concepts IP legal concepts by using ENS names to register trademarks with the USPTO. More importantly, I view the Directorship as a privilege and otherwise I have full understanding of the Directorā€™s rights, responsibilities and legal duties.

@accessor.eth raised some thoughtful questions about The ENS Foundation and the DAO, with a request to provide a visual diagram of the organization. I am responding to @accessor.ethā€™s post here because I feel it is an opportunity for me to demonstrate my understanding of the subject matter relevant to my ability to serve as a Director of The ENS Foundation.


Please note, I am not licensed in the Caymen Islands and the following information is provided within the scope of my licensure or otherwise pursuant to general legal principles and international laws, customs and norms. Further, I am not providing this information on behalf of the DAO, on behalf of The ENS Foundation and otherwise offering any legal advice.

In order to draft the diagram below I reviewed of the following ENS documentation (ā€œDocumentationā€):

Members, Supervisors, Directors, Beneficiaries, and Secretary are all legal terms of art specific to Caymen Island Foundation Companies. The ā€œCouncilā€ is uniquely defined in the Articles as the ENS token holders and think can fairly be referred to as the DAO.

Members:

Defined in the Articles the first Members are the subscriber to the Memorandum. The Memorandum was executed by Justin Wretham as Authorized Signatory of WNL Limited and a single witness.

Per the Section 6 of the Resolutions, the Member, WNL Limited delivered a resignation as Member which was accepted by the Directors, and upon information and belief The ENS Foundation does not have any Members at this time.

Notes:

  • ***At no time is ENS to distribute any tokens to Members of the Company. (See Section 6 of the Memorandum) ***
  • The Directors, if authorized by the Council, may admit members or terminate membership. (See Section 7 of the Articles)
  • The Foundation may continue with no Members. However, I do believe Caymen Island law has additional legal requirements for Foundation Companies to operate without any Member, for example, I believe a Supervisor (again legal term of art) is required by law which The ENS Foundation currently has.
  • Members owe no duty. (See Section 12 of the Articles)

Directors:

Be advised ā€œDirectorsā€ is a common legal term of art within business organizations, but has wildly different roles, powers, duties and responsibilities from jurisdiction to jurisdiction even entity to entity within a common jurisdiction.

Currently the Directors are:

  • Nicholas Johnson
  • Brantly Millegan
  • Kevin Gasper

As defined in Section 17 of the Articles, and under the laws of the Caymen Islands generally, Directors manage the business affairs. In lieu of trying to summarize the roles, powers, duties and responsibilities of the Directors, I think it is worthwhile to cross reference at least Sections 13-27 of the Articles.

Notes:

Directors owe a duty to The ENS Foundation. (See Section 27 of the Articles)

Supervisors:

The first Supervisor is DS Limited, see Section 28 of the Articles.

Both the Council and the Directors may appoint or remove a Supervisor, but at all times The ENS Foundation must maintain at least one (1) Supervisor. Upon information and belief the current cost/fees for the Supervisor are $30,000.00 per year, payable by The ENS Foundation, and as part of the Directors role is to ensure these costs are paid via proposal to the DAO. See Sections 28-36 of the Articles.

Beneficiaries:

Caymen Island Foundation Companies, like US non-profits, typically name a successor to receive any remaining assets of the entity upon dissolution or winding down. The ENS Foundation did not designate any beneficiaries in the instance of a dissolution or winding down (see Section 37 of the Articles) and the Council would have the direct any such assets to ā€œcharitable objectsā€ (See Section 13 of the Memorandum).

Secretary:

Since it is timely, maybe everyone remembers Elon Musk recently making a statement that ā€œCEOā€ is a made up title. He was actually highlighting that, by law, legally entities typically require Directors, and Officers consisting of a President, a Secretary and a Treasurer.

The Secretary is an extremely important role in legal entities, it is a legal term of art under the laws of the Caymen Islands and The ENS Foundation. Specifically, the Secretary is responsible for complying with the regulatory requirements of the Companies Act under the laws of the Caymen Islands, see Section 41 of the Articles.

The Directors have the power to appoint the Secretary and the first Secretary is Walkers Corporate Limited, see Sections 38-39. Lastly, the Secretary is entitled to remuneration at a rate agreed in writing by the Directors (Section 40), and upon information and belief the current cost/fees for the Secretary are $10,000.00 per year and include Registered Office services.

Council:

Circling back to Elon Muskā€™s statements about ā€œCEOā€ being a made-up title, the Council does not derive its existence from statute or law or otherwise legally required, rather it is created through memorialization in the legal Documentation. Specifically, see the definitions in Section 1 in the Articles, including:

  • ā€œCouncilā€
  • ā€œENS Nameā€
  • ā€œENS Tokenā€
  • ā€œENS Tokenholders:

As noted above, the Council defined and memorialized in the Articles is the ā€œDAO.ā€

Miscellaneous:

In addition to the parties outlined above, The ENS Foundation maintains an Agent for Service of Process the costs/fees upon information and belief are $1,200 per year.

Conclusion:

I trust this response addresses @accessor.ethā€™s question and maybe others who have similar questions, and demonstrates the approach I would take to communicating with the DAO in a quasi-formal but hopefully helpful and approachable way.

Please let me know if there are any specific questions/concerns/feedback about my nomination as Director or specifically regarding my experience and abilities to perform the duties and responsibilities as Director of The ENS Foundation. I am also happy to address any questions specific to my response to @accessor.eth to the extent that I can, but I do not think this is the thread for those follow ups.

3 Likes

this is amazing work, thank you for that!

2 Likes

Seeing how @HealingVisions decided not to comment (if you choose to, please do by all means)

This is YAT website by @HealingVisions šŸŒˆā˜ļøšŸŒŠ | l'arc-en-ciel

I find it difficult to believe that @HealingVisions was a genuine advocate of ENS for a long time as is the claim, seeing how her own resources are built on top of YAT. Moreover I question her motives behind her rhetoric during past several days

Looking at this website I can see that she is most likely fairly engaged artist, with a lot of time dedicated to being an artist. The reason I asked for clarifications about ā€œ1000 people being subordinateā€, is because 1000 people is a fairly large number, equivalent to medium to large factory, or a sizeable division within global corporation. This kind of business position would most likely require some sort of ā€œcareerā€, and a lot of time commitment to manage that

In my mind, even though she produced a fairly thorough description of her candidacy all those things are a bit difficult to add up. Namely:

  • If you are a passionate advocate of ENS protocol, why is it your own key resources is displayed using YAT?
  • Iā€™m not saying that its impossible to be both accomplished within arts and business, Iā€™m just saying that holding position where she runā€™s 1000 subordinate people is a fairly difficult feat on its own. To put it in perspective Danone employs c. 100k people around the world with 8k in Africa region. So if she was employed by Danone, she wouldā€™ve been one of those several executives overseeing whole region (roughly)

Obviously if everything checks out, then its great, there is another person with considerable business experience within ENS community.

As long as she will not be promoting YAT within ENS community, I would say she is a qualified candidate.

Although I personally would not support her due to lack of ā€œsocial integrationā€ into ENS.