We described the idea for The Bottom Dao. Here’s how it would work:

* Multiple people deposit their money into the same smart contract

* Each person receives the amount of votes proportional to the amount of money

* Each person can create a proposal to buy a specific token with specific parameters (when to buy, how much to buy, ...)

* Each person can vote on the proposal

* The proposal passes if a quorum is reached (e.g. 60% or 70%)

* If the proposal passes, then the smart contract automatically executes the buy order & distributes the bought tokens to the investors

We hope this would stimulate healthy discussions, because everyone will feel that their money is on the line.

What do you think? Please share your feedback on this idea.