GROW THE CHAIN
Update Proposal For the Steem Alliance Non Profit Foundation
Non-Profit SteemAlliance Foundation UPDATE - GROW-THE-CHAIN
Please Review The Initial Proposal
The Non profit will work alongside hand-in-hand with other blockchain initiatives, such as the Worker Proposal System (DAO's), with the Non Profit focusing on the marketing, business, and regulatory sectors of the Steem Blockchain, and not focus on software and code initiatives.
Ongoing Series of UPDATES - GROW-THE-CHAIN
Board Of Directors Update
Board of Directors
The Board will consist of a total of 2 Members voted by Top 20 Witnesses Members
- 1 member elected for one year, by the top 20 Witnesses
- 1 member elected for two years by the top 20 Witnesses
The Board will consist of a total of 2 Members voted by Steemit Inc
- 1 member elected for one year, by Steemit Inc
- 1 member elected for two years by Steemit Inc
The Board will consist of a total of 2 Members voted by the Steem Community At Large, one vote per account
- 1 member elected for one year, by Steemit Inc
- 1 member elected for two years by Steemit Inc
In addition, at the Second Annual Meeting of the Non Profit, an additional 2 seats to the board will be added, to be elected by corporate funding members with definition of corporate funding member to be defined at the time of Non Profit Incorporation.
After initial Board Member terms are completed, all future board members will serve for 2 years.
- The association may set guidelines for board member participation and removal in case of non participation, or malfeasance.
- No Board member may serve more than 2 terms consecutively
- No limit on total terms served lifetime is defined so long as no more than two in a row are served.
One of the primary roles of the Board Of Directors will be to provide guidance and vote on FUNDING of PROJECTS by GROW-THE-CHAIN with membership feedback, communication and advice through communication and periodic voting.
For more details, please review The Initial Proposal
