How to make a pool proposal
Once your sovereign account has achieved Verified Curator status on-chain, you are eligible to initiate an Investment Pool Proposal. This proposal allows you to outline a profitable GPU-backed investment opportunity, inviting investors to participate. The following steps and guidelines will help you successfully create a proposal on the CollabAI platform.
Proposal Requirements
To create an effective and transparent proposal, you will need to include essential materials and define key parameters.
Step 1: Upload Essential Certification and Contracts
Each proposal must include the following documentation on-chain:
Certification of GPU Ownership: Proof that your company owns the GPUs involved in the proposal.
Signed Business Contract with CollabAI’s SPV Company: This contract declares that, upon successful proposal approval, funds raised by the investment pool will be transferred to your company. In turn, cash flow generated by GPU profits will be distributed to the participating investors.
Existing Cash Flow Report: Provide a transparent report showing the current financial status and cash flow from your GPU operations.
Step 2: Define Proposal Parameters
Each proposal must specify the following parameters on-chain:
Proposal Duration: The period during which investors and guardians can view and decide on participation in the proposal.
Minimum Duration Requirement: Please note that there is a minimum length for the proposal duration as defined by Litentry network restrictions.
Pool Size: The total amount of funds you aim to raise, which reflects the cumulative value of GPU-generated cash flow during the investing pool.
Investment Pool Duration: The period during which the investment pool is active following the approval of the proposal. During this time, participating investors will receive distributed profits from the GPU business.
Step 3: Submit and Await Committee/Community Review
After uploading all necessary documents and defining key parameters, your proposal is ready for on-chain submission. The proposal will enter a review phase, which is managed by both the CollabAI committee and the broader community, ensuring thorough evaluation and alignment with network standards.
To pass this review and activate the proposal, four conditions must be met:
Full Pool Purchase: The pool size must be fully purchased by interested investors.
Committee Verification: The CollabAI committee verifies and officially recognizes the proposal on-chain.
Guardian Participation: At least one qualified guardian must express willingness to audit the proposal, providing an additional layer of oversight.
Expiry Time: The proposal must remain open until the specified expiry time, allowing adequate opportunity for investor and guardian review.
Once these conditions are fulfilled, the proposal becomes active, enabling you to raise funds and launch the investment pool. During the active period, cash flow profits will be distributed to participating investors as specified in the proposal.
Proposal Benefits and Investor Attraction
Creating a proposal allows verified curators to attract investors by providing:
Clear Cash Flow Reports: Transparent financials build investor confidence in the profitability of the GPU business.
Defined Investment Periods and Returns: By clearly stating the proposal duration and pool size, investors have a clear understanding of the investment's scope and returns.
For more details or to begin the proposal process, contact CollabAI support or visit the CollabAI platform.
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