The _Prtcl infrastructure is owned and governed by two legal entities: Uprtcl Community DAO BBLLC and Uprtcl Executive DAO BBLLC.

• Uprtcl Executive DAO BBLLC is very similar to a startup but it runs on top of an Aragon DAO. Its members are a small group of skilled professionals who are making or have made significant contributions to the development of _Prtcl infrastructure and a small group of funders, or cash investors.
• Uprtcl Community DAO BBLLC is a governance DAO whose members are continuously growing to include all stakeholders of the _Prtcl infrastructure, including its users.

The difference between _Prtcl and other legal entities is that it replaces equity with limited economic and governance rights that, once paid, are lost.

This means that investors, of time and money, in the Executive DAO, will lose any rights on their assets once they have been reasonably paid out for their efforts and the risk they absorbed. Once all obligations to investors are paid, the assets remain to be governed by the Community DAO effectively exiting to the community.

As people invest time and money in the Executive DAO, the DAO will emit debt obligations to them proportional to the amount invested, times a risk factor multiplier.

Example

An investor invests 100.000 USD with a risk multiplier of 20x, it will receive 2'000.000 FDAI tokens.

An engineer works for 6 months on the project at a virtual rate of 10,000 USD per month and with a risk multiplier of 20x too, that person will receive 1'200.000 FDAI tokens.

These economic rights usually come (but don't need to) with governance rights on the Executive DAO, which is defined by a third token called EGT, or executive governance tokens.

All the revenue generated by the _Prtcl infrastructure will then be held on the Executive DAO as cash.

Once a cash-limit is reached, all the additional revenue must be used to pay back FDAI holders at a rate of 1 DAI for each FDAI token and burning any associated EGT token.