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Upon hitting the treasury benchmark of $100k, a law firm will be retained to establish StayDAO as a 501(c)3 nonprofit.
StayDAO will work with existing organizations that address housing issues with the goal of evolving into a stand alone Web3 nonprofit organization.
Stay Open@stayopenhotels
Starting today, StayDAO will focus exclusively on helping unhoused people. Stay Open, through the sale of Stay Pass NFTs, will seed fund the DAO with 20% of its NFT proceeds. DAO governance will come into play once the DAO treasury reaches $100,000.
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