The Treasury

In every organization, whether for-profit or non-profit, the primary role of the treasury is the management of money and financial risks. It ensures that the organization has the money needed for daily management and for fulfilling financial obligations. Any treasury can be compared to a real treasurer.

The priority of the Exitializ treasury is to facilitate the management of the organization’s assets, to maximize the profit returned to the DAO, and to aid in the development of long-term financial policies and strategies.

Economic Activities

• Exitializ aims to amass digital assets, in the form of virtual assets, cryptocurrencies, in-game tokens (including SLPs), non-fungible tokens, and simple agreements for future tokens (SAFTs). The organization also plans to purchase NFTs that can be used to develop metaverse economies.

• The establishment of arbitrage farms can help streamline the management of simultaneous trading of digital securities and cryptocurrencies across different gaming markets. This kind of economic activity can maximize yields.

• The treasury is tasked to manage locked, unvested, and undistributed tokens.

• It also provides guidance and manages guild events/transactions involving debt and interest payments.

• Additionally, the treasury deals with asset acquisition that includes buybacks and fundraising rounds.

• Normal tasks for the facilitation of the guild’s economy, including audits, reporting, and accounting, are included in the responsibilities of the treasury.

The co-founders manage the treasury through a multi-signature wallet. Hence, a majority vote is needed for accessibility. Multisig wallets bolster security by requiring multiple individuals or parties to validate transactions before execution.

Any transaction can only be fulfilled by the confirmation of the predefined number of owners. Multisig wallets keep coins safer, as they are considered cryptocurrency wallets, which require private keys for accessibility.

Fund Raising

Fundraising is another key responsibility of the Exitializ treasury. Nevertheless, the DAO is responsible for the decision-making with regard to funding distribution at regular intervals. Before the DAO is established, the founding team will propose plans for funds allocation. Funds raised will be distributed according to the plan or the decisions made by the DAO. This is further detailed in the next sections.

Portfolio Reporting

Portfolio reporting has been included in the plans of the co-founders, and proposals to include a portfolio tracking feature on the website have been submitted. This feature will allow guild members, even recruits and newbies, to view the financial performance data of the DAO, in real-time.