> For the complete documentation index, see [llms.txt](https://algo-capital-dao.gitbook.io/algo-capital-dao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://algo-capital-dao.gitbook.io/algo-capital-dao/acquisitions-and-investments/process.md).

# Process

The evaluation process employed by the DAO is streamlined to quickly separate viable and unviable investments

The DAO follows a predetermined process to select and allocate to different projects:

1. **Introduction**: the project is introduced by a DAO member or has been contacted directly by the DAO following internal research.
2. **Meeting**: core contributors of the DAO hold meetings with the projects’ team to assess the synergies for a collaboration.
3. **Review & Valuation**: the DAO contributors will analyze the project and assign a value to the projects token
4. **Proposal**: the DAO shall share its findings with the DAO members which will vote on a proposal to make to the project. 
5. **Exchange Rate**: if the proposal is accepted by the members of the DAO and by the project, an exchange rate between the ALGO token and the other one is set.
6. **Acquisition**: The DAO and the $TARGET ecosystems are integrated
7. **Collaboration**: AlgoDAO and the project's team will collaborate to increase the value of the $TARGET token and achieved the shared milestones agreed upon