There comes a time in every young Raven fledgling’s life when it is time to fly the nest and become more independent. That time has arrived for Ravencoin.
Ravencoin needs to be independent from the Medici Ventures’ nest. Thankfully, Medici Ventures is ready to help in this transition by providing the wings for Ravencoin to leave our nest and ensure our new home is safe, independent and long lasting.
The Ravencoin Foundation (Why)
In order to be independent financially, and in decision making, Ravencoin needs a foundation. A foundation can help provide many of the things that have been requested by the Ravencoin community::
- A Ravencoin-friendly independent governance structure.
- A place where projects that benefit Ravencoin can be funded and launched.
- A location where anyone can get information about the project — and find tooling, and 2nd layer systems.
- A legal entity that can run some fall-back seed nodes, explorer, and Ravencoin monitoring systems.
- A way to pay developers, and pay bug bounties to keep the Ravencoin network secure.
- A plan and funding for hackathons, talks, panels, sponsored events, and more to help extend the Ravencoin asset ecosystem.