• 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

Uniswap Secures Major Legal Victory in Fraud Case

chest

A federal judge ruled that Uniswap cannot be held liable for fraudulent tokens traded on its platform, marking a significant victory for decentralized finance.

user avatarEmily Carter

Ethereum Exchange Reserves Reach Lowest Level in Six Years

chest

Ethereum reserves on Binance have recently fallen to approximately 346 million ETH, marking the lowest level recorded since 2020.

user avatarTomas Novak

Cryptocurrency Withdrawals Surge in Iran Amidst Airstrikes

chest

Surge in cryptocurrency withdrawals from Iran's largest exchange following US and Israeli airstrikes in Tehran.

user avatarLeo van der Veen

XRP Positioned as Global Settlement Layer Amidst Shifting Financial Landscape

chest

Market analyst Luke Suther argues that XRP is establishing itself as a global settlement layer, emphasizing its utility in moving value quickly across borders in a multipolar world.

user avatarMaya Lundqvist

XRP Emerges as Alternative for National Security in Global Finance

chest

Versan Aljarrah highlights the need for alternatives to dollar-dominated systems as nations seek to protect their financial sovereignty.

user avatarKaterina Papadopoulou

Ethereum Mainnet Activity Soars to New Heights Despite Market Challenges

chest

Ethereum's mainnet activity has surged to nearly 3 million daily transactions, reaching an all-time high despite bear market conditions.

user avatarLi Weicheng

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.