The election of the first Nebulas Foundation Chairman completed — Hitters Xu elected as chairman of the Nebulas Foundation! Nebulas Follow Apr 25, 2019 · 2 min read

Purpose of this election

Due to the urgent need to carry out work for the continued operation of the Nebulas Community Groups, the first appointment for directors of the Nebulas Foundation has been held.

Election time

April 24, 2019

Organizer

Organized by the Interim Nebulas Technical Committee

Learn more about the Interim Nebulas Technical Committee: https://medium.com/nebulasio/announcement-of-the-temporary-establishment-of-the-nebulas-technical-committee-57868364b835

Election and constituents

Those who have financial options of 30,000NAS or more are automatically eligible to become a director of the Nebulas Foundation. Participants may voluntarily choose to waive this right.

A total of eleven directors have been elected onto the Nebulas Foundation.

Among them, Hitters Xu has been chosen as the chairman of the first Nebulas Foundation.

The directors of the Nebulas Foundation will serve for one year. The secretary general of the and its executive directors of the Nebulas Foundation will be appointed by the chairman of the Nebulas Foundation(Hitters Xu) and will be announced separately.

In the coming year, the Nebulas Foundation will continue to be responsible for the operation and maintenance of the Nebulas team as well as the salary of team members to ensure the regular operation of the project and to complete the development roadmap as laid out in the Nebulas Non-Technical White Paper (2017).

They will manage the Foundation’s assets, pool resources, and use the capital to provide efficiency advantages for the ecological development of Nebulas.

Learn more about the Nebulas Community Groups (Nebulas Council, Nebulas Foundation, Nebulas Technical Committee): https://medium.com/nebulasio/nebulas-community-group-community-consultation-draft-3fe20bf682bb

The first Nebulas Council Election applications are now open: https://nebulas.io/election/index.html