• 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

LightBar Develops Technology to Combat AI Copyright Infringement

chest

LightBar develops technology to combat AI copyright infringement.

user avatarDavid Robinson

Hollywood Studios Take Legal Action Against AI Infringement

chest

Major Hollywood studios, including The Walt Disney Company and Paramount Pictures, have taken legal action against ByteDance for alleged unauthorized use of copyrighted characters and performers' likenesses in its Seedance 20 model.

user avatarAndrew Smith

Bitcoin Price Drops Below Critical Support Levels.

chest

Bitcoin's price has failed to maintain stability above the 70,000 mark and has started a decline, trading below 68,800.

user avatarJacob Williams

Figure Technology Confirms Data Breach Due to Social Engineering Attack

chest

Figure Technology has confirmed a data breach caused by social engineering, resulting in the theft of customer files and exposure of sensitive personal information.

user avatarZainab Kamara

Shiba Inu SHIB Creates Millionaires in 2021 Bull Run

chest

Shiba Inu SHIB generated several millionaires during the 2021 bull run, but its price has significantly decreased since then.

user avatarAyman Ben Youssef

Investing in Shiba Inu SHIB Today: Can It Still Create Millionaires?

chest

Investing in Shiba Inu SHIB today may still lead to millionaire status, but requires significantly larger investments than in the past.

user avatarSon Min-ho

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.