Currencies38131
Market Cap$ 2.27T-0.35%
24h Spot Volume$ 17.69B-26.6%
DominanceBTC56.40%+0.05%ETH9.63%+0.09%
ETH Gas0.08 Gwei
Cryptorank
/

Cardano’s Democratic Experiment: Community-Led Constitution Takes Shape


Cardano’s Democratic Experiment: Community-Led Constitution Takes Shape

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • The Cardano Foundation concluded the election for ICC members. 
  • Over 455,779,792 ADA tokens were staked during the election.
  • The Cardano Atlantic Council, Cardano Japan, and Eastern Cardano Council were elected.

The Cardano Foundation, a non-profit organization overseeing the Cardano blockchain, concluded elections for the Interim Constitutional Committee (ICC). This body will vote on and manage the first on-chain governance actions.

Intersect, a member-based organization on the blockchain, announced that six candidates were chosen, with the top three being onboarded to the ICC and the other three “as alternates in the event one (or more) of the top 3 decline to sit on the ICC.” Over 455 million ADA tokens were staked during the election, with nearly 2,000 unique votes cast. The top three will join the ICC, while the remaining three will serve as alternates. 

The elected entities are the Cardano Atlantic Council, Cardano Japan, and Eastern Cardano Council. Mauro Agustin Andreoli, Scientific Analytical Tools LLC, and Joshua Stone are alternates. Patrick Tobler, CEO of NMKR, an NFT platform …

The post Cardano’s Democratic Experiment: Community-Led Constitution Takes Shape appeared first on Coin Edition.

Read the article at CoinEdition

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Cardano Founder Charles Hoskinson Confirms the Upcoming Launch of a Political Party

Cardano Founder Charles Hoskinson Confirms the Upcoming Launch of a Political Party

Cardano founder Charles Hoskinson has made public the ecosystem’s plan to launch a po...
“I’m Not Resigning. I’m Not Retiring”: Charles Hoskinson Debunks Cardano Exit Claims 

“I’m Not Resigning. I’m Not Retiring”: Charles Hoskinson Debunks Cardano Exit Claims 

Cardano founder Charles Hoskinson has dismissed rumors that he is retiring or steppin...