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

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

CoineditionCoinedition2024/06/28 12:31
By:Anisha Pandey
  • 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 on Cardano, expressed confidence in the results. He stated :

“I feel very confident about these results. The Cardano Community will be very well represented in the Interim Constitutional Committee.”

Intersect confirmed that the onboarding of elected members will begin soon and encouraged community participation in upcoming Constitutional Council elections. Unsuccessful ICC candidates were invited to apply for these Council elections.

The drafting of the Cardano Constitution will commence in August, involving over 50 workshops and culminating in a Constitutional Convention in Buenos Aires this December. As previously reported, the Cardano community plays a central role in the blockchain’s new governance system . Founder Charles Hoskinson has voiced optimism about these pivotal developments for Cardano.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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