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COALA/README.md

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+# (Draft) Proposal to expand Codeslaw Legislative hacking
+
+[ToC]
+
+## Why?
+1. LexDAO mission - LexDAO is a [guild](https://lexdao.substack.com/p/legal-engineering-certification-via-nft) of legal engineers with mission to innovate and bring the traditional legal settlement layer to code.
+2. [Cardano](https://arxiv.org/pdf/2003.14271.pdf) has identified a [community challenge](https://cardano.ideascale.com/c/campaigns/26446/about) around crypto-asset ownership, unfair taxation, and privacy.
+3. Problem root-cause analysis is 3-fold
+- [ ] _Incoherency_ of policy advocation (partly due to PoS)
+- [ ] _Inconsistency_ of accounting treatment (different interpretation of same event)
+- [ ] _Incomprehensiblity_ of technical jargon (hard to communicate to general public)
+
+## How2
+
+### Sense: 
+Cardano community to nominate public submissions opportunities (legislative, regulatory, industry), LexDAO to select a legal engineer to coordinate a formal proposal (eg co-regulation or factual-briefs) within that country. That coordinator will draw in necessary tax, jurisprudence, regulatory, etc expertise as needed whilst polling affected Cardano subDAOs as to priorities/preferences. By fostering internal consensus first, can then draw in industry partners or infuencers based on grounded principles (eg property rights or ESG goals) rather than wish-list.
+
+### Analyse: 
+We frame the debate (freedom of association, privity of contract, differential privacy) to triage the public policy mechanisms (protective, preventative, punitive) that identify and triage legislative rules that are detrimental to the success of Cardano ecosystem. Building from repo of comparative law (what works in other countries) we analyse options ranging from factual findings to accounting clarity (definition of tax events) to specific legislative language. 
+
+### Respond: 
+Conduct a hackathon of business interests, regulatory observers, and legal engineering professionals to aggregate and condense the analysis into: 
+- preferred _policies_, 
+- draft _proposals_, or
+- specific legal _provisions_. 
+
+These will be compiled into a document for submission after endorsement by the Cardano participants.
+
+## Budget (For3)
+
+We plan to allocate ~$5-10k / hackathon (up to 20-30 public submissions) to
+1. participation prizes (books, swag, social capital, etc) for co-regulation drafting ~40%
+2. coordinator(s) time to getting submission finalised ~30%
+3. bounties to improving the policy repo (comparative law), compiling resources (factual briefs), and language translations (if necessary) ~20%
+4. Gas fees for PoAP, snail-mail, communications, meeting-room hire, PR, admin disbursement, etc. <10%
+
+## Who4
+
+- Cardano Community (DAO2DAO);
+- invited business reps, regulatory observers or consultative committee members;
+- legal engineers, crypto-lawyers, standards body;
+
+## What
+
+Previous LexDAO or member submissions 
+- Wyoming Select Committee on Blockchain, Financial Technology, and Digital Inovation Technology: [DAO ammendment bill](https://gateway.pinata.cloud/ipfs/Qmd5GczQqGLM3tssDSafDdsxE6tq5NFyAnRpJEaN89dPQu) 
+- Senate Banking Committee: Working group commentary on [taxes](https://docs.google.com/document/d/1byeDtmrODAAK5tL8YbcEZ1xpz6OrOL5CtUjVJRCyXMQ/edit)
+- SEC Digital Asset Rule-Making Request [individual member submission](https://www.sec.gov/rules/petitions/2022/petn4-782.pdf)
+
+## When
+
+Anticipated public commentary depending on volunteer time
+
+- [ ] Thai Securities and Exchange Commission - ~~advertising rules on digital assets~~ 1Q2022 (no interest)
+- [ ] SEC Alternative Trading Systems (Prof Vennet coordinator TBC) 1Q2022 (awaiting Federal Register)
+- [ ] European Payments Council: Consultation ~~Standardisation of Quick-Response (QR)-codes~~ (no legal implications) 14 Apr 2022
+- [ ] AU ACCC Review of Consumer Data Rights focusing on implementation of OpenBanking ([CfP](https://github.com/ConsumerDataStandardsAustralia/standards/issues/235)) 29 Mar 2022
+- [ ] ISO/TEC 307 Blockchain and distributed ledger technologies Secretariat (Esen Esene TBC) Decentralized Identity standard for the identification of subjects and objects 3Q2022
+- [ ] ISO/TEC 307 Blockchain and distributed ledger technologies Secretariat (Esen Esene TBC) Blockchain and distributed ledger technologies - Overview of trust anchors for DLT-based identity management (TADIM) 4Q2022
+- [ ] Texas DAO LLC 202?
+- [ ] California DAO LLC 202?
+- [ ] Parliamentary Select Committee on Australia as a Technology and Financial Centre: _Possible DAO laws_ 2022?2023
+- [ ] Various cryptocurrency [bills](https://www.lexology.com/library/detail.aspx?g=85a9c756-922d-40fb-90e7-420e8f821811)
+
+## Addenda
+
+## RTFM
+
+- Cardano [Guidelines](https://docs.google.com/document/d/1g-iZhDlKhUBZkui1uv8NVNfJC4oVD3JtR-P6Fue7XPU/edit#)
+- Financial Stability Board: Cryptoasset Risk [Assessment](https://www.fsb.org/wp-content/uploads/P160222.pdf)
+- EU Parliament's Committee on Economic and Monetary Affairs: ([draft](https://www.europarl.europa.eu/doceo/document/CJ12-PR-704888_EN.pdf)) cryptoasset service providers information collection