PlanetDAO Rulebook English
PlanetDAO002 Rulebook
PlanetDAO002 Rulebook
  • Welcome to PlanetDAO002: Bamboo Forest House
  • 1. General Provisions
  • 2. Issuance of Shares
  • 3. Target Properties
  • 4. The Project Management Company
  • 5. Operation of Accommodation
  • 6. Selection of Accommodation Management Company
  • 7. Commitment to the Community: Collective Purpose
  • 8. About Experts
  • 9. The General Meeting of Shareholders
  • 10. Operation of the DAO
  • 11. Capital Increase
  • 12. Regulations Management
  • 13. Usage of the Property for the Share Holders
  • Supplementary Provisions
  • FAQs
    • FAQ Categories
    • Shares
      • What is the financial return for the investor?
    • Accommodation
      • How many days a year can it be operated as vacation rental?
      • Do shareholders get to use the property?
      • Is the house considered a historical building or a registered tangible cultural property?
      • Who owns the land? Who is taking care of the forest? Does PlanetLabs have a farming license?
      • Is there a risk that bamboo roots could be damaging the property?
    • License
      • What licence do both companies hold in Japan to pool investments from investors?
    • Team
      • How do locals feels about people outside of the area coming in?
      • Who is the team and do they have experience in vacation rentals?
    • PlanetDAO002 (Bamboo Forest House)
      • What is the experience like for the tourists? Are locals involved in guiding tourists ?
      • On ongoing basis, whom do investors liaise with on any issue/ query?
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  • Purpose of PlanetDAO002
  • Purpose of this Rulebook
  • Decision-Makers
  • Method of Decision-Making

1. General Provisions

Purpose of PlanetDAO002

PlanetDAO002 Inc. has been established to preserve and manage the “bamboo forest house” in Hayama, in collaboration with shareholders (co-owners, local residents, and other experts). The company aims to raise the necessary funds for renovations and operate the property as accommodations to ensure long-term sustainability and preservation.

Purpose of this Rulebook

This Rulebook is designed to define the decision-making processes, operational methods, and general information about the properties and shares related to the PlanetDAO002 project. Its purpose is to enhance the transparency and efficiency of the project.

Decision-Makers

Individuals holding shares of the PlanetDAO 002 specifically ordinary shares and Class A shares, possess the decision-making rights concerning this PlanetDAO002 project.

Method of Decision-Making

  • Shareholders shall make decisions related to this Project through resolutions of the Shareholders' Meeting and the DAO.

  • The conduct of the Shareholders' Meeting shall follow the procedures specified in Chapter 9 of these Rulebook.

  • In these Rulebook, "DAO" refers to an organization, separate from the Shareholders' Meeting and composed of shareholders, that is formed to make decisions regarding this Project. The operation of the DAO shall be governed by the procedures specified in Chapter 10 of these Rulebook.

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Last updated 7 months ago