The Future of Nebulas is up to you! Announcing the rules and requirements for the election of the Nebulas Foundation Chairman on Medium
We are happy to announce that beginning today, the registration process to become the chairman of the Nebulas Foundation is open for all. To register, simply visit here.
The Nebulas founding team was formed in June of 2017 and since then, the Nebulas Foundation has been in place for the sole purpose of advancing the Nebulas vision. On this two year anniversary of its creation, the Nebulas founder has released an initiative to open the Presidency of the Nebulas Foundation to all within the blockchain industry and community.
Upon completion of the election, the Nebulas Foundation will continue to promote and operate the Nebulas Blockchain Project. It will be tasked with the pooling of resources to utilize capital thus providing efficiency advantages for continued ecosystem development.
Candidates should agree with the belief that Nebulas is an Autonomous Metanet which is the future of collaboration. Those participating in the election should also align with Nebulas’ vision: “To allow everyone to benefit fairly from decentralized collaboration” and are committed to advocating autonomy, promotion of Nebulas’ technological vision, continued product development, ecosystem development, market valuation and participate in governance.
The election schedule:
Registration deadline: July 10, 2019, at 3:00 p.m. (UTC+8.00, Hong Kong Time)
Polling time: July 10, 2019, 3:30 p.m. to July 12, 2019, 3:00 p.m. (UTC+8.00, Hong Kong Time)
Candidate registration:
Upon completing the registration form, the Nebulas team will review the information and qualifications of the applicants; if the candidate is qualified and the provided information is correct, the registration will be accepted.
Voting rules:
The vote will be counted by pledging NAS to candidates; 1NAS will equal 1 vote. Each candidate will have their own separate NAS Pledge pool.
Once voting has been completed, the results and the subsequent winner will be decided based on the following rules:
- The candidate with the most NAS in their Pledge pool at the end of the election will win.
- If the election results in a tie, the candidate with the most amount of unique voting address that pledged to them will win.
- If the above two rules result in a tie, the party that received all their votes first based on block height will be declared the winner.
How to vote:
All NAS holders are welcome to vote. There is not a limit to the number of people pledging nor the pledge amount; pledges cannot be canceled during the voting period. Upon the completion of the vote, all pledged NAS will be returned on July 15th, 2019 to the original address in full assuming the community does not have a dispute over the results. If there is a dispute, NAS will be returned once the dispute is resolved. (Attention: Do NOT vote via an exchange, otherwise your NAS can NOT be returned.)
The registration and voting process will be updated in real-time on the official website (nebulas.io). We welcome all to follow along with the election process on the official website. All community members are welcome to participate in the election process by applying as well as voting. The future of Nebulas is up to you!
Everything for a better Nebulas!
To register, simply visit here.
Nebulas Team
July 3rd, 2019
