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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 SKALE Network open source project. The foundation is supported by the N.O.D.E. Anstalt, a subsidiary business arm of the Foundation, and by SKALE Labs, Inc., headquartered in San Francisco, CA. SKALE 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 SKALE Network.
The NODE Foundation supports the SKALE Network by electing a diverse set of network representatives comprised of Dapp developers who run SKALE Chains, validators who run SKALE 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.
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