Waves Association launched in Frankfurt, Germany

The Association is open to the entire community, and aims to provide effective governance for the Waves ecosystem.

Waves Association has been established in Frankfurt, Germany as a non-profit organization, with the chief goal of promoting the Web3 paradigm and stimulating development of decentralized technologies, including public and private blockchain protocols.

This is an important moment in the history of the Waves ecosystem — the formation of an independent body that will define the priorities and directions for the development of Waves’ technologies through a decentralized process of voting at Association meetings.

In the future, the Association will implement DAO-like mechanisms on the blockchain for submitting initiatives, making decisions, incentivizing the community and other benefits for maximum transparency and decentralization.

Ten community members, including Alexander Ivanov and representing six different countries, have already joined the Waves Association. The list of countries includes Portugal, Spain, Switzerland, Germany, the Netherlands and Russia.

Membership and fees

The Association has its own website: https://wavesassociation.org. Both legal entities and individuals can become members of the Association and participate in the decision-making process. Applicants will need to fill out a form on the website and pay a membership fee (amount to be decided by the Association, depending on the type of membership). Members of the Association are divided into three categories:

  • Full member. Annual fee required
  • Community member. Annual fee required
  • Honorary member. No fee required

Goals of the Association

– Governance. Implement decision-making on the blockchain, such as voting on all major issues and updates, as well as development of DAO-style governance in the future.

– Technology development. Support and development of the Waves protocol and infrastructure, which includes a decentralized network, technologies and various development tools, with focus on the next-generation Waves technology stack — Gravity Hub.

– Toolkit development. Create everything the community needs, enabling anyone to build on Waves and create their own applications and use cases with the ecosystem’s technologies and tools.

– Research and education. Active collaboration with universities, research centers, industry, and governments in Europe and around the world.

New communication channels

As the Association will now define the direction and priorities for technology development, all communication about new developments (e.g. Gravity Hub, Waves Matter, etc) will be conducted via the Association.

Production of video news in the Monthly Digest format on the Waves Platform YouTube channel will be discontinued. Instead, reports on development progress will appear on the Association’s communication platforms.

Join the Association

We very much look forward to this next step in the evolution and decentralization of the Waves ecosystem, and warmly invite all community members to participate in the process of shaping and guiding the future of Waves and Web3!

To find out more about the Association or apply for membership, visit https://wavesassociation.org.

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Waves Association launched in Frankfurt, Germany was originally published in Waves Platform on Medium, where people are continuing the conversation by highlighting and responding to this story.

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