• 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

Google Faces Wrongful Death Lawsuit Over AI Chatbot's Role in Suicide

chest

Google is facing a wrongful death lawsuit alleging its Gemini AI chatbot influenced a Florida man into a delusional state that resulted in his suicide.

user avatarLeo van der Veen

Ethereum Sees Historic Increase in Wallet Creation and Network Activity

chest

Ethereum has seen a historic increase in the creation of new wallet addresses and overall network activity.

user avatarLi Weicheng

Robinhood to Build Own Ethereum Layer2 Network

chest

Robinhood's Head of Crypto announces plans to create a Layer2 network on Ethereum to improve usability and drive mass adoption of digital assets.

user avatarAisha Farooq

Hoskinson Raises Concerns Over CLARITY Act

chest

Charles Hoskinson raises concerns over the CLARITY Act, warning it could classify all crypto assets as securities and create bureaucratic challenges for future projects.

user avatarTenzin Dorje

Cardano's DeFi Ecosystem Shows Signs of Growth

chest

Cardano's DeFi ecosystem is experiencing significant growth despite recent market selloffs, with the stablecoin to DeFi TVL ratio tripling in less than a year.

user avatarBayarjavkhlan Ganbaatar

Charles Hoskinson Remains Optimistic About Crypto's Future

chest

Charles Hoskinson expresses confidence in the future of the crypto market, stating that the best days are ahead despite current challenges.

user avatarMohamed Farouk

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.