• 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

a year 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

Strategy CEO Puts an End to Bitcoin Sale Rumors

chest

Strategy CEO Phong Le reassures investors that the company will not sell Bitcoin until at least 2065, despite market speculation.

user avatarSon Min-ho

Emotional Discipline: Key to Trading Success

chest

Emotional discipline is essential for new traders transitioning to live trading, helping them manage psychological pressures and improve their chances of success.

user avatarKenji Takahashi

Evan Tangeman Pleads Guilty in Major Cryptocurrency Theft Case

chest

Evan Tangeman pleads guilty in a major cryptocurrency theft case linked to online gaming, admitting to laundering at least $35 million.

user avatarAyman Ben Youssef

Major Banks Align on Rate Cut Predictions Ahead of FOMC Meeting

chest

Major banks, including Standard Chartered, JPMorgan, Morgan Stanley, and Nomura, predict a 25-basis point rate cut at the upcoming FOMC meeting on December 9-10, 2025, amid unclear economic data.

user avatarKofi Adjeman

How to Secure the Best Auto Loan Rates: Expert Strategies

chest

A comprehensive guide on how to lower auto loan interest rates through preparation and negotiation.

user avatarTando Nkube

The Importance of the CLARITY Act for XRP

chest

The proposed CLARITY Act aims to provide a clear regulatory framework for digital assets, which could enhance market participation.

user avatarNguyen Van Long

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.