Kula, a company focused on reforming governance with principles of transparency and accountability, has announced its partnership with Avalanche blockchain.
Avalanche as the Chosen Infrastructure
Kula confirmed the choice of Avalanche as the blockchain infrastructure for its ecosystem. This decision reflects the maturity of the platform and is aimed at developing flexible and efficient governance that complies with regulations and transparency requirements. Kula emphasized the importance of this choice after four years of testing and structuring its approach.
Kula's Mission to Reform Governance
Kula aims to rebalance power in governance and finance, striving to include communities in making critical decisions. The company seeks to transition from a model of extraction to restoration, from ownership to stewardship of resources. This requires a blockchain that aligns with design principles and can support governance at the Web 2.5 level.
Advantages of Avalanche for Kula
Avalanche was chosen for its Layer 1 capabilities, near-instant finality, and support of high-performance smart contracts. These features are essential for Kula to provide structured investments that comply with legal requirements. The blockchain will allow Kula to deploy governance protocols and smart contracts, supporting the full spectrum of its ecosystem.
The partnership between Kula and Avalanche highlights their shared commitment to creating a flexible and efficient blockchain infrastructure that ensures scalability and transparency in governance.
