Operating Agreement

Information related to the All In For Sport operating agreement.

Purpose

All In For Sport is an experiment to bring together diverse communities in web3 and sports to partner in developing a perpetual funding mechanism for community initiatives that advance inclusion and empowerment through sport around the world.

Goals

Our ultimate goal is to establish a perpetual funding mechanism dedicated to community-directed funding for inclusion and empowerment through sport. For this project, we aim to convene diverse communities across web3 and sports to co-design this mechanism and support its development in a way that demonstrates what web3 can bring to sports and inclusion.

Current Milestone & Goals

• Launch the All In For Sport NFT protocol and perpetual funding mechanism

In order to reach this milestone, the following goals must be achieved:

• Establish Self-Management Foundations for AIFS

• Launch a Perpetual Funding Mechanism

All proposals and initiatives should include a clearly stated goal and must work toward achieving the current milestone in a meaningful way. Members are encouraged to reject proposals which do not contribute to the achievement of a specified goal.

Ricardian NFT

All In For Sport (referred to in this documentation as the "DAO") uses the Trustless Unincorporated Nonprofit Association Agreement ("TUNAA") as its basis for self-governance, and to differentiate between DAO treasury holdings and the financial activities of its individual participants. By joining the DAO and/or holding its membership tokens ("badges"), you signal your consent to this agreement and any others defined within this directory.

The Trustless UNA Agreement does not represent a business partnership, nor does it imply the existence of a registered legal entity or tax-exempt status. However, the agreement does provide a basis from which the DAO can create a legal entity or seek tax-exempt status (or other tax election) in the future.

Trustless Unincorporated Nonprofit Association Agreement (“TUNAA”)

This operating agreement concerns only the DAO treasury as a siloed entity, independent from community or operational governance bodies or any agreements which govern them. The "TUNAA" is a static document which is recorded in the DAO treasury wallet as a Ricardian NFT. The agreement may only be altered or revoked via a DAO state update proposal and with consent of the DAO Advisory Group (A.K.A. "Operational Governance" or "OpGov").

By ratifying this DAO state document and/or joining the DAO, consenting to the Trustless Unincorporated Nonprofit Association Agreement and its terms. You may dissociate yourself from this agreement by leaving the DAO.