The N.O.D.E Foundation
The Network of Decentralized Economics (N.O.D.E.) Foundation is
a non-profit entity based in Liechtenstein created to carry out
the mission of supporting the SCALE Network open source project.
The foundation is supported by the N.O.D.E. Anstalt, a
subsidiary business arm of the Foundation, and by SCALE Labs,
Inc., headquartered in San Francisco, CA. SCALE Labs provides
support to the Network by contributing to the open-source code,
community growth, and other vital efforts to facilitate the
development and adoption of the SCALE Network.
The
NODE Foundation supports the SCALE Network by electing a diverse
set of network representatives comprised of Dapp developers who
run SCALE Chains, validators who run SCALE Nodes, independents
such as investors that helped kickstart the network economics,
and developers who actively build, maintain, and evolve the code
base.
These representatives will serve the community
through the facilitation of on-chain voting, grants, and
budgetary decisions. The representatives will be selected by the
Foundation initially, with future elections being held via a
variant of on-chain voting by token holders.