• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano Foundation Concludes ICC Member Election

user avatar

by Giorgi Kostiuk

2 years ago


The recent election held by the Cardano Foundation, a non-profit organization responsible for managing the Cardano blockchain, marked the end of the selection process for the Interim Constitutional Committee (ICC). This committee is tasked with making decisions and overseeing the initial governance actions on-chain.

Intersect, a blockchain-based member organization, revealed that out of the six candidates selected, the top three individuals were elected to join the ICC, with the remaining three designated as alternates in case any of the top three decline their positions. The election witnessed a substantial stake of over 455 million ADA tokens, accompanied by close to 2,000 unique votes.

The successful entities chosen to be part of the ICC include the Cardano Atlantic Council, Cardano Japan, and Eastern Cardano Council. Additionally, Mauro Agustin Andreoli, Scientific Analytical Tools LLC, and Joshua Stone have been appointed as alternates. Patrick Tobler, the CEO of NMKR, an NFT platform, has also been involved in the process.

This election signifies a significant step in the democratization of Cardano's governance, as the community plays a key role in shaping the constitution and governance structure.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Privacy Risks and Regulatory Scrutiny Surround OpenAI's Biometric Social Network

chest

Privacy concerns arise over OpenAI's biometric verification strategy.

user avatarSatoshi Nakamura

House of Lords Committee Launches Inquiry into Stablecoin Regulations

chest

The House of Lords Financial Services Regulation Committee has launched an inquiry into proposed stablecoin regulations in the UK, inviting public input.

user avatarJesper Sørensen

Waymo Under Investigation for Robotaxi Safety Violations

chest

Waymo is under investigation for safety violations involving its robotaxis, including illegally passing stopped school buses and other incidents in Austin and Atlanta.

user avatarRajesh Kumar

NHTSA Investigates Waymo After Child Incident

chest

The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into Waymo after one of its self-driving vehicles struck a child near an elementary school in Santa Monica, California.

user avatarEmily Carter

Binance Delists Non-Compliant Tokens, Causing Price Drops

chest

Binance has announced the removal of several cryptocurrencies that do not meet its standards, leading to sharp price declines.

user avatarFilippo Romano

SUI Price Stabilizes After Correction

chest

SUI is stabilizing around 1.55 after an 8% correction, with critical support levels established.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.