The open source blockchain platform Waves has set up a non-profit organization called the Waves Association in Frankfurt, Germany. This will have the role of ensuring effective governance for its own ecosystem. The Web3 project aims to support the development of DLTs, including public and private blockchain protocols.
The Waves Association will be represented by ten community members from six different countries: Portugal, Spain, Switzerland, Germany, Holland and Russia.
It will be an independent body that will define the priorities and directions for the development of Waves technologies through a decentralized voting process at the meetings of the Association.
The activity of the association will run in four major directions:
Waves founder, Alexander Ivanov, which is also a member of the association, calls the launch of the Waves Association an important step for the company’s ecosystem:
“Through the Association, we will be able to increase the number of developers and users and we also intend to attract cryptocurrency enthusiasts, who are developing other blockchain technologies and solutions.”
The price of cryptocurrency waves is around $ 1 and can be traded on Binance, both in dollars and in Bitcoin.
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