Whoopsie DAO v1.

DAO Founder: Christian Chen

Discord - callmechen#0001
Twitter - @callmechenagain
Last Updated January 19, 2023
Introduction

The Whoopsie DAO is a membership NFT DAO on the Ethereum Blockchain. Our
goal is to allow the Whoopsies Doopsies community to make decisions on various
paths of the project in a decentralized, meritocratic, and community-driven manner.

We believe in taking advantage of the collective knowledge and experience of our

community members to help drive the highest impact and value for the longevity of
the Whoopsies Doopsies brand. This includes decisions made on existing and new
initiatives proposed by the project team and the community. The DAO will be able to
vote and decide what is most beneficial for Whoopsies Doopsies holders. The DAO will
also maintain a treasury wallet managed by the DAO Founder to be used solely on
DAO voted proposals on treasury usage.
DAO Token - Eldora Pass NFT
The Whoopsies Doopsies DAO will be set up in a manner that allows any community
member who holds an Whoopsies Doopsies Eldora Pass (EA Pass) NFT. There are 300
total NFTs in the collection. Each NFT is equal in value related to DAO participation.
1 EA Pass NFT = 1 Vote.
This allows the community to hold a majority of the decision making power. The EA
Pass will also allow holders to participate in DAO-related activities.
Whoopsies Doopsies EA passes have already gone through its initial distribution but
can be purchased on secondary marketplaces, gifted by the team through various
events, or traded between holders.
DAO Committee
To drive efficiency in the execution of DAO activities there will be an appointed
committee of community members to assist with DAO proposal review, DAO related
events, and DAO member communications. The committee will consist of the DAO
Founder, project Founders, and 2 appointed community members.

The DAO Founder will be responsible for appointing 2 members of the community to
join in the DAO committee. Whoopsies Doopsies project founders will need to
approve each member added to this committee.

As the project grows the DAO Founder will decide on whether to expand the number
of committee members.
DAO Proposal Process
The Whoopsies Doopsies DAO will operate through a DAO proposal process. These
proposals are how the community will be able to use their voting power to decide on
the direction of the project. There are two types of proposals that can be brought to a
vote.
Project Team Proposal - Proposals for initiatives and decisions that the project team
wants to bring to a DAO community vote.
Community Proposal - Proposals submitted by any member of community (OG
Whoopsie holder OR EA Pass holder). The proposal will be reviewed by the DAO
committee before it is sent to the community for vote. Bounties for passing community
proposals will incentivise additional community participation.
DAO Voting
In order to maintain a fair outcome of a proposal vote, all votes will be executed
on-chain to promote transparency, prevent any fraudulent acts from all members of
the project, and keep a history of all proposal outcomes. A snapshot of wallets will be
communicated and taken prior to the vote in which only those wallets will be able to
participate.
Voting Mechanics: In order to cast a vote each holder will transfer a small amount of
ETH to a set of proposal wallets (ex: 0.001 ETH). These wallet are shared with the
community prior to voting and will be kept open for a length of 7 days from a
communicated date and time to accommodate transactions during high gas periods.
Each wallet will represent a “pass” or “reject” vote.
Any holder holding multiple EA Passes will have their vote multiplied by the number
of NFTs they hold. Any accumulated ETH will be stored in the DAO treasury wallet.
DAO Treasury*
The Whoopsies Doopsies DAO will maintain an Ethereum wallet to be used purely for DAO
proposals related to the treasury. Treasury funds may be funded by Founders, project capital
investors, secondary market sale royalties, or DAO voting transaction submissions.
The DAO wallet will be managed by the DAO Founder. All transactions will be approved by
the project Founders. This wallet will eventually move to a multi-sig wallet if enough
funds/proposals around DAO treasury purchasing exceeds a minimum ETH amount.
The Treasury funds can be used to add value to holders by sweeping floor, investing in other
project NFTs, and anything else the community deems valuable to the project. Any trading
investment proposal will require a secondary technical analysis from a reputable trader, in
which that analysis will be shared with holders. Any project Founder may choose to veto a
treasury trading investment proposal which will result in an anonymous committee vote. Only
an unanimous vote excluding the veto-er can override the veto.

*DAO Treasury funding mechanics still in review

DAO Meetings + Communication
The DAO Founder will hold bi-weekly meetings in order to discuss project and
community proposals, voting results, treasury funds and investments, and any
discussions for the further development and evolution of the DAO. All verified
Whoopsie holders are allowed to attend the DAO meetings.

A DAO channel will be created to distribute all Whoopsie DAO related

announcements and information.

[ACTIVITIES - TBD]
DAO Participation for Non-EA Pass Holders*
In order to maximize the amount of participation and value driven by the community
the Whoopsies Doopsies DAO has developed a system in which non-EA pass holders
can participate in DAO voting. This system does NOT apply to any member holding a
EA pass.
As a non-EA pass holder, for every 10 OG Whoopsies NFTs owned you will be entitled
to a single vote.
10 OG NFTs = 1 Vote
To accommodate community members who do not hold an EA pass, they must open a
support ticket in order to participate in any proposal voting.

*DAO Participation for Non-EA Pass holders still in review