Cardano Community Successfully Elects Inaugural Interim Constitutional Committee
The Cardano community has successfully completed the voting process for the inaugural members of its Interim Constitutional Committee (ICC). The committee is responsible for upholding the interim Constitution and overseeing the initial on-chain governance decisions on the Cardano blockchain.
Community Engagement and Election Results
A total of 21 candidates from diverse backgrounds applied for a position on the ICC. The election process saw significant engagement, with over 455 million ADA tokens staked and 1,947 unique votes cast by community members. The community participated in a transparent, ranked-choice voting system to elect their top three representatives.
- Cardano Atlantic Council: Secured 51.4% of the votes, with 232,162,950,759,731 Lovelace. The council includes six members from various countries.
- Cardano Japan: Garnered 18.7% of the votes, translating to 84,639,727,186,264 Lovelace.
- Eastern Cardano Council: Received 10.3% of the votes, amounting to 46,481,326,751,056 Lovelace.
Alternate Members and Continuity
The positions of alternate members have been assigned to individuals and entities who received the fourth to sixth most votes. These alternates will step in if any of the top three councils are unable to fulfill their roles, ensuring continuity and resilience in Cardano’s governance framework.
Patrick Tobler, CEO of NMKR, expressed confidence in the elected committee, stating, “I feel very confident about these results. The Cardano Community will be very well represented in the Interim Constitutional Committee.”
Onboarding Process and Future Plans
Intersect has announced that the onboarding process for the elected members will commence shortly. They are also calling for applications to form their own Constitutional Council, providing an opportunity for those who were not elected to still play a significant role in governance.
In August, the drafting of Cardano’s final Constitution will begin, involving over 50 workshops globally and culminating in a Constitutional Convention in Buenos Aires in December. The final Constitution will establish the governance framework for Cardano’s trajectory in the Voltaire era.
Current Status
As of the latest update, ADA is trading at $0.389.
Hot Take: Embracing Governance on Cardano
The successful election of the Interim Constitutional Committee members reflects the Cardano community’s commitment to decentralized governance and transparency. As the project moves forward with drafting its final Constitution, the inclusivity and engagement shown in the voting process are crucial for shaping Cardano’s future trajectory. With a strong foundation in place, Cardano is poised to enter a new era of governance and innovation.
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