The DAO (Decentralized Autonomous Organization) aims to raise funds for a time machine project led by Professor Preecha Yupapin of Sakonnakhon Technical College in Thailand. The time machine is based on theories set out in peer-reviewed journals, linked in the whitepaper. The goal is to build a machine that can send information to the past or future, which will serve as a prototype for a more advanced machine that can transport material objects, including humans.

The machines will be owned and governed by the DAO, with the possibility of commercialization. Governance will be implemented through voting, with the weight of a vote being dependent on the amount contributed. There will be three funding rounds for the project: the first for building an information time machine, the second for building a full-fledged time machine, and the third for expenses related to governance, use, and commercialization of the machines.

The DAO will be deployed on the Juicebox platform, and will also use platforms like Reddit, Twitter, and Discord. The process for contributing will involve buying tokens of the DAO, which will make contributors members. The funding cycle will be automated, with an infinite funding target, and payouts will be made as soon as the current funding round reaches its target. Tokens will be ERC-20 and tradable, and the mint rate, reserved tokens, and discount rate will be determined through voting by the community.

Guarantees for contributors include the ability to email the professor to confirm their participation in the project, and the fact that buying tokens will make them co-owners and governors of the machines, with the right to receive profits from commercialization proportional to the number of tokens they possess. All governance issues will be resolved through voting by the community, and disputes will be settled through negotiation or by means provided for by applicable legislation.

In summary, The DAO is a decentralized autonomous organization that aims to raise funds for a time machine project led by Professor Preecha Yupapin in Thailand. The project is based on theories set out in peer-reviewed journals and the machines will be owned and governed by the DAO with the possibility of commercialization. Contributors can email the professor to confirm their participation in the project, and will become co-owners and governors of the machines by buying tokens. The funding cycle will be automated with an infinite funding target, and tokens will be ERC-20 and tradable. Governance issues will be resolved through voting by the community and disputes will be settled through negotiation or by means provided for by applicable legislation.

It is worth noting that the idea of a time machine is currently purely fictional and based on science fiction. While the concept of a DAO has been put into practice in various forms, the idea of using it to fund a time machine project is not currently feasible as the technology for building a time machine does not exist yet. Additionally, it is important to thoroughly research any investment opportunities before committing any funds, and to be aware of the potential risks involved in investing in any type of project.

Link: https://www.reddit.com/r/TimeMachineDAO/