IoTeX Announces Its New Governance Framework

Twitter icon  •  Published 1年前  •  Hassan Maishera

The IoTeX team announced via Twitter on Thursday that it has introduced a new governance framework.

The IoTeX team announced via Twitter on Thursday that it has introduced a new governance framework. The team explained that governance discussions would be held on the IoTeX Forum, while voting would be performed on the IoTeX Governance Portal. At a high level, new governance ideas will be proposed by Delegates, voted upon by token-holders, and implemented by the IoTeX Foundation and core developing entities.

IoTeX's mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IoT) network, including data collection, transport, storage, and utilization. IOTX is up by 1% so far today and is currently trading at $0.03679.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.