LimeDJV

Problem Statement

The goal of this project is to create a framework where two or more DAOs can have a Joint Venture. A Joint Venture is a partnership where the participants agree on progressing (developing, designing, marketing etc.) a product together and sharing the proceeds of it. This is quite a common occurrence in the traditional corporate world and it would make sense for DAOs to have joint ventures on products that lie in the intersections between their domains.Participating DAOs get a pre-defined revenue split of the JV profits that can be adjusted through a vote.

Solution

LimeDJV (Decentralized Joint Ventures) is a simple framework that consists of a single smart contract (factory) that creates joint ventures with pre-defined 50/50 voting power and revenue split. The project's front end is built on Next.js. The demo app is deployed on the Rinkeby test net.