The Advisory Board



Hello everyone, I wanted to bring you a special update regarding the formation of The Advisory Board to ActiveMining!



First we would like to thank everyone who submitted a request for board seat consideration, we received a steady supply of submissions and it was nice to read through all of them. There is certainly a lot of talent in this community that is eager to assist and be part of the process. We were a bit overwhelmed with the level of interest showed by shareholders in those first few hours of the announcement. When the cutoff day hit, we knew there was going to be a lot of work, thought, consideration and debate over who this board is going to comprise of. It is because of this, and the sheer number of individuals interested in forming The Advisory Board, that we have determined a function for all key, invited, large shareholders to be part of the process whether they are on the board or not.



Monthly shareholder meetings will be held for all qualified, vested shareholders to take part in with The Advisory Board as it is formed, and Ken directly. We feel this will allow for further transparency, but also give each of you who are deeply invested in Active Mining a voice in the process. There was a number of substantial applications who we felt can represent all shareholders of ActiveMining through these meetings.



When the board was first conceived we knew we wanted it to contain individuals who have skills and expertise in relevant fields. The size of the board was one of debate, we didnt want the board to be to large that communication breaks down with each member positioning to have their point heard. As well, we didn't want the board to be small and limited in functionality. Background, personality, interests vested, conduct and professionalism were all important factors in selection. When taking all of this into account and reading all of the publicly available content outside of just the applications themselves, we felt like we were in a strong position to determine who would be on The Board. With all of the material and knowledge in hand, we have formed The Board as such:



Vbs (Electrical/Electronic Engineering; IT)

ArcticWolf (Telecommunications Management, Electronics)

lewicki (Software Engineer, Web Developer)

lolstate (Entrepreneur; IT consultant)

ffssixtynine (Software developer; Business owner)

Streets 2.0 (Server Infrastructure; Public Relations)



This Advisory Board of members, its expansion and contraction, will be considered and allowed for in the event that a board member needs to step out, but to also enable others to step into a board seat when the value is needed. This Board is an invite, we do not want anyone to feel locked into a position when they may need to focus their attention elsewhere. We also do not want others to feel that there isn't the potential for them to be part of the board as it evolves.





Monthly Shareholder Meetings:



A schedule is still to be drafted for the Monthly Shareholder Meetings and will be released soon. Below are a few questions I anticipate regarding this process.



How can I take part in the monthly ActiveMining meetings?

Any shareholder with more than 100K verifiable shares can apply to attend that monthly meeting with The Board



What if I do not own that many shares in ActiveMining, is there a way I can still attend?

We have considered this and will be sending out invites to select interested parties who have displayed interest as well as critical qualities that were considered for board positions.



How do I prove I own the required amount of shares?

On Bitfunder you can sign your address tied to your account. On BTCT proof is a bit limited, a screenshot may be the only option at this point until Burnside has a better feature such as what Bitfunder employs.



What purpose will these monthly meetings serve?

The meetings will allow for orders of business to be discussed, new orders of business and questions to be answered as best possible. They will also give larger shareholders the ability to engage the board members and Ken directly.



How will these meetings be structured and where will they take place?

Initially these meetings are going to only take place on IRC in a private channel on freenode. The meetings structure will be controlled and orderly. Each member in attendance will have the ability to bring questions and orders of business to the platform so that they may be addressed and discussed. Of course, professionalism is expected in these meetings. A more detailed format will be shared at the first meeting with the shareholders.



I have to apply to take part in each monthly meeting?

Yes and no. What we would like to accomplish by this is prior to each meeting be able to verify that everyone taking part in the shareholder meeting(s) is a vested shareholder or someone that has been invited and wants to attend. We certainly want to minimize disruption in these meetings, breed a constructive environment and operate in a manner suitable for all shareholders taking part.



Why is ActiveMining opening up shareholder meetings?

A monthly meeting with the large shareholders was something that had been discussed previously, and when we received all of the requests for board seats, it became clear there was a need for these meetings. There are too many influential, creative minds that inquired and we would like for there to be a format for dialog.





More to come!

