• 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

Small Caps Lead Gains in AI Crypto Market

chest

Smaller-cap AI tokens are showing extreme price movements, with AI PIN leading the gains.

user avatarAndrew Smith

AI Sector Sees Surge in Trading Activity Amid Market Cap Decline

chest

The AI-focused crypto assets are experiencing a significant increase in trading volume despite a decrease in total market capitalization.

user avatarJacob Williams

Retail Options Trading Surges in 2026

chest

The financial landscape in 2026 has seen a significant increase in retail participation in options trading, driven by technological advancements and commission-free models.

user avatarZainab Kamara

Ripple CTO Discusses XRP Ledger Hub and Amendment Process

chest

Ripple's CTO David Schwartz discusses the XRP Ledger hub and the implications of the amendment process for validator power and governance.

user avatarSon Min-ho

Lighter LIT Users Encounter Withdrawal Problems

chest

Lighter LIT users are currently facing withdrawal issues due to processing speed problems, receiving error messages about too many Layer2 withdrawals.

user avatarAyman Ben Youssef

Polkadot and Cardano Experience Significant Weekend Gains

chest

Polkadot (DOT) rose by 6% and Cardano (ADA) gained 42% over the weekend, marking significant progress in the cryptocurrency market.

user avatarTando Nkube

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.