Step 3 - Approval
Investment proposals that have been submitted to the DAO, undergone deliberation and voting and met the threshold for supporting votes are deemed approved. At a random point between voting and approval, a snapshot of all holders is taken. This snapshot determines the % share of fractionalized NFT each member will receive. Approved proposals then enter a Due Diligence phase in which extensive research and vetting is conducted. This is completed through collaboration between the InvestaDAO team and external partners/agencies.
Once an approved investment has passed DD, the funds are withdrawn and sent for investment. Once investment has been made, the team provides transparent updates on the deal, transactions and costs associated with the investment.
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