A Note about Tech Fleet’s Future as a Nonprofit
Updated October 15, 2023
Morgan Denner, Executive Director @ Tech Fleet
It’s been a couple of years since our online community has formed, and it’s amazing to see how it’s grown. The momentum and impact of the community continues to scale. I’m absolutely blessed to be a part of this growing initiative to better the chances of people getting into Tech. We’ve only just begun.
We’ve shared a lot of plans so far for our future efforts, and we are still moving toward them. The founding team has been discussing ways to move forward in order to sustain our growth while remaining aligned to the charitable mission. As Tech Fleet moves forward, it’s important to stay grounded in the mission to create fair access to tech careers for everyone, even in lieu of changing directions in Web3 industries.
We have to remember why this community formed in the first place: there’s a huge problem in tech that we must solve through giving the newbies of the world a chance to truly level-up. We need to provide new opportunities for those who get shut out of them in the world today.
It’s back to basics.
Tech Fleet as a Nonprofit
Tech Fleet plans to form as a nonprofit. We will forever be a philanthropic, charitable, and decentralized organization. As a community-driven nonprofit, we can make a global impact while ensuring our efforts are legitimately aligned to the mission and to our exempt and charitable purposes.
What Kind of Business Will Tech Fleet Be?
Tech Fleet’s incorporating as a nonprpfot seeking 501(c)(3) public charity status in Delaware. Community contributors earn a voting say in community proposal voting when they finish projects, mentor in the community, host masterclasses, or participate in the talent network. At its heart we’re an organization run by the people for the people, and the only way to fully enforce this is to provide community-driven governance rights. We’re choosing to do this rather than create a for-profit startup serving the same purposes so that the org’s efforts always remain on the mission, and not the profits for investors.
What’s Happening to our Web3 Technology and the Tech Fleet Talent Network?
Our plans for the Tech Fleet Passport and non-tradable NFT live on within the nonprofit to help accomplish our vision to make tech career aspirations a reality for all. The Passport allows Tech Fleet to help track and validate contributors’ experiences, reputation, and identity in the community and is essential to providing a better, more personalized experience for individuals we serve.
How Would Voting Work in the Nonprofit?
Nonprofit board governance is set forth in Tech Fleet’s bylaws. Community voting happens through proposals through Tech Fleet’s online community discussions, and guild work. Contributors or guilds can bring proposals to vote. People with the Tech Fleet Passport have a vote in proposals, and the more “badges of accomplishment” (non-tradable NFT) you’ve earned in Tech Fleet, the more voting power you’ll hold in community voting. Proposals are considered and listened to by the board of directors to decide how to implement.
How would DAO Voting Weight Be Calculated?
The gist is simple: the more you take on Tech Fleet apprenticeship roles, lead roles, mentoring roles, freelance roles, or internal team roles, the more voting power you will hold. You cannot buy voting power in Tech Fleet, you must earn it through our training programs.
What’s Happening to the $FLEET Token?
Tech Fleet’s removing the plans to launch a $FLEET token for investment contracts and governance. We’re focusing on the use cases that sparked this revolution. We will continue delivering the pieces that bring real value to our community: lifetime access to level-up opportunities and decision power in the future of Tech Fleet’s mission.
Decentralization is at the core of Tech Fleet’s mission because we must give voice to the people serving in this community
It’s important for our community to remember this: blockchain is the technology that can help us accomplish our mission, and it’s merely a tool to make it happen. Tech Fleet’s goal is not to make profits for investors in the community. Our goal is to better the lives of others who don’t get a chance to succeed today.
