# Investments
# How do members of Kings' Azit DAO make investment decisions?
In the spirit of The DAO, Kings' Azit DAO is entirely member directed and managed and any blockchain-based project can apply for funding from Kings' Azit DAO. As a member, you should have some experience in evaluating and investing in startups relying on digital assets.
Each member will have the opportunity to nominate any applicant for funding through the DApp. Once nominated, members or their delegates will have the right to vote on whether to invest in a project through the DApp.
If more members agree vote for an investment than reject an investment during the applicable voting period, The Members will authorize the investment. After a seven day period to enable Members to "rage quit," Kings' Azit DAO DApp will generate the necessary legal agreements and send them to a designated representative for signature. Once digitally signed, Kings' Azit DAO will transfer the investment to the project.
A Kings member should understand and acknowledge that they must bear the economic risk of this investment.
# Will Kings' Azit DAO have a general partner?
No, unless the Members make such a decision to appoint a general partner (but that wouldn't be in the spirit of things).
# Will Kings' Azit DAO operate via a thesis?
Kings' Azit DAO is an emergent experiment and thus there is no express investment thesis for Kings' Azit DAO. Members can work together to formulate a thesis and explore investment opportunities. They have the right to develop any investment thesis they agree on.
# What are the terms of investments made by Kings' Azit DAO?
Members will have the right to set the terms of any investment into projects. Kings' Azit DAO works with teams to structure the investment and currently makes investments that range from $25k-$250k (in ether).
# Can foreign entities receive investment from Kings' Azit DAO?
Possibly. Initially, Kings' Azit DAO has only made investments in projects treated as C corporations for tax purposes. It is currently exploring setting up a foreign subsidiary.
# What happens if there are multiple proposals for investment? How do Kings' Azit DAO members make decisions?
Proposals are voted on sequentially to ensure that every application for funding is actually voted on. It also gives Kings' Azit DAO members time to withdraw their undeployed capital (i.e., "rage quit," described further here) if they do not want to participate in the investment.
# What is the investment period for Kings' Azit DAO?
Kings' Azit DAO has no express investment period. Members can make investments until all contributed capital has been allocated or withdrawn, as discussed further in these FAQs.
# Does Kings' Azit DAO's service provider have any rights to make investment decisions?
The service provider has no role in making investment decisions.