• 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

Introduction of Verkle Trees in Hegota Upgrade

chest

The Hegota upgrade will introduce Verkle Trees, a new data structure designed to reduce blockchain state storage needs.

user avatarLuis Flores

Hegota Upgrade Supports Ethereum's Decentralization Goals

chest

The Hegota upgrade aims to lower barriers for running full nodes, enhancing Ethereum's decentralization.

user avatarArif Mukhtar

China Sanctions US Defense Firms in Response to Taiwan Arms Sales

chest

China's Foreign Ministry announced sanctions against 20 US defense companies, including Boeing Defense, in response to US arms sales to Taiwan.

user avatarMaria Gutierrez

APEMARS Launches Unique Presale Structure for Early Investors

chest

APEMARS has launched a unique presale structure featuring limited allocation and fixed pricing, providing early investors with significant advantages.

user avatarDavid Robinson

Upcoming 87 Million Token Unlock May Increase Selling Pressure

chest

An upcoming unlock of 87 million PI tokens on December 25 could exert additional selling pressure on Pi Network's price.

user avatarAndrew Smith

Pi Network Faces Uncertainty as 0.20 Support Weakens

chest

Pi Network's price support at 0.20 is fragile, raising concerns about market implications due to upcoming token unlocks.

user avatarJacob Williams

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.