# How do I become a managing investor?

Anyone can become a member of IQBID DAO. Participation in the [DAO](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao) is arranged by acquiring IQBIDGT management tokens. To acquire IQBIDGT, follow the link - [https://wallet.iqbid.io/exchange-gt](https://wallet.iqbid.io/exchange-gt)

> [Smart contract](https://kb.iqbid.io/books/glossary/page/smart-contract) IQBIDGT - [https://bscscan.com/token/0x4ad6e5acd4a56444a46563112a8b295cefa2a6e2](https://bscscan.com/token/0x4ad6e5acd4a56444a46563112a8b295cefa2a6e2)

During the initial placement of IQBIDGT, the following conditions apply:

- Minimum purchase volume – 0.5 IQBIDGT.
- The volume of IQBIDGT available for acquisition by a new co-owner is determined collectively through an electronic voting system of the co-owners.
- The cost of IQBIDGT is determined by an automated market maker depending on supply and demand.
- Total supply = 100 IQBIDGT
- Initial liquidity value = 120,000 USDT.
- Voting power for DAO management = % share of IQBIDGT ownership of the total supply.
- Voting quorum = 51%
- Individuals can be DAO participants.

After the completion of the initial placement stage of IQBIDGT, new conditions for the redistribution of management tokens among the co-owners of [IQBID](https://kb.iqbid.io/books/general-information/page/what-is-iqbid "What is IQBID?") will be formed collectively and through an electronic voting system.

Dividends from the [DAO](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao) tokenomics are paid to [DAO](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao) members proportionally to the % share of IQBIDGT ownership of the total supply. The frequency of dividend payments is set by the co-owners of [IQBID](https://kb.iqbid.io/books/general-information/page/what-is-iqbid "What is IQBID?") collectively and through an electronic voting system.

IQBIDGT owners can sell their tokens to other owners according to the priority buyout rules:

- 1st priority goes to existing IQBIDGT owners.
- 2nd priority goes to IQBID DAO.
- 3rd priority goes to new partners.