Why the Foundation was Established
- Whitecoin has been running in a community-based way over the past five years, with all members in the technical and marketing teams contributing part-time.
- With the development of block chain industry, the original governance model adopted by Whitecoin has been unable to adapt to the further development of the project, and a management organization is urgently needed to coordinate with the development planning of the project. Consequently, the Whitecoin Foundation was established after consultation with core members of the community.
- The founding of the Foundation will thoroughly change the situation that community resources were not centralized and the development speed was slow. At the same time, we will fully integrate Whitecoin's community advantages from the past and give full play to Whitecoin's historical accumulation in the realm of block chain. It lays the foundation for the next development of Whitecoin.