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Re DAOspecific chat for Le Claire.pdf

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From: Jerry Chu jerry@lofty.ai Subject: Re: DAO-specific chat for Le Claire Date: December 17, 2024 at 10:21 PM To: Earl Co earlvanze@gmail.com Yep, I know what you're suggesting, but it's a very odd situation. We believe the most secure thing to do is to be conservative and just stay with the default status quo for now. Best, Jerry Chu CEO, Lofty AI web: https://www.lofty.ai email: jerry@lofty.ai https://www.linkedin.com/in/jerry-chu/ On Tue, Dec 17, 2024 at 11:10 AM, Earl Co <earlvanze@gmail.c

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From: Jerry Chu jerry@lofty.ai Subject: Re: DAO-specific chat for Le Claire Date: December 17, 2024 at 10:21 PM To: Earl Co earlvanze@gmail.com Yep, I know what you're suggesting, but it's a very odd situation. We believe the most secure thing to do is to be conservative and just stay with the default status quo for now. Best, Jerry Chu CEO, Lofty AI web: https://www.lofty.ai email: jerry@lofty.ai https://www.linkedin.com/in/jerry-chu/ On Tue, Dec 17, 2024 at 11:10 AM, Earl Co <earlvanze@gmail.com> wrote: No, I got that point, that you’re arguing for consistency of terms. That’s why you should NOT step in, but rather put it to a vote of existing members, but I understand not doing that either. On Dec 17, 2024, at 12:08 PM, Jerry Chu <jerry@lofty.ai> wrote: I think you're missing the point here: 1. (Lofty) cannot change the terms! That's the point. If we went in and arbitrarily changed the structure, it would be worse for us. At least right now, we can argue that this has been the structure from day one and it's what people agreed to when they buy tokens/sign TOS, so it's the status quo that's basically agreed on and "voted on by every participant in the DAO". Us stepping in to chan