# DAO Framework First-generation venture DAOs, such as The LAO and Meta Cartel Ventures, operate as Investment Clubs or Syndicates under the U.S. securities law. The maximum membership limit of 99 and strict accreditation requirements for U.S. investors make it challenging to expand their communities. To build a scalable and powerful K-ommunity, Komm DAO utilizes the Origami Framework, a second-generation DAO+ Venture Fund model. The Origami Framework separates the DAO and the Venture Fund by establishing a partner fund outside of the DAO. The Fund handles fundraising, contracts, and investment decisions, while the DAO focuses on deal sharing, due diligence, and growth support. Similar to traditional VC funds, the Fund charges management fees and carry fees, which are used to reward General Partners and DAO members based on their efforts and contributions. GPs make the final investment decisions for quick investment decisions, while DAO members vote on the use of DAO treasury funds. This model has several advantages: * Swift decision-making process * Ability to raise external funds through GPs * Compensation for DAO members based on their contributions * No limit on the number of DAO member * No need to be an accredited investor to participate --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.kommdao.com/komm-dao-structure/dao-framework.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.