## To the Arcade City Council and keyholders ### Christopher David Leadership Transition Proposal ### Background Now that Arcade City has attracted a team of experienced developers, project managers, and operations professionals to continue the momentum we've built over our first ten months, it is time for me to transition out of any leadership positions related to the Arcade City core product and network. Ongoing business processes like app development, operations, and marketing will continue under the leadership of the Arcade City Council. This will allow me to focus on creating value in a separate corporate entity with a new leadership team. Arcade City, Inc. will be renamed and restructured as the first of many optional 'service providers' that will integrate into the core Arcade City network. Though I will be seeking also to identify more capable corporate leadership for our new entity, I will always remain active in Arcade City as at least a community member. I hope to always 'innovate from within', and contribute where I can, subject to the will of the community. This will have no impact on the token sale. All funds will remain in the 5-of-7 multisignature wallet governed by the Arcade City Council. ### Proposal * I nominate Bernd Lapp as the successor to my council seat. As previously decided, "Replacing or adding members can only be done by unanimous vote." * I will have the perpetual title of sole Founder of Arcade City. * We will separately negotiate the transfer of intellectual property and corporate resources from Arcade City, Inc. to an entity selected by the Council. ### Current City Council Vote Record YES (7) * Christopher David * Michael Thuy * Kristien De Wachter * Stefaan Ponnet * Ben Adriaenssen * Lauren Slade * Jennifer Williams NO (0)