press release
PRESS RELEASE. Zug, Switzerland, September 4, 2022 – The Everscale Foundation has been officially registered as a non-profit organization to facilitate the growth of the Everscale network’s ecosystem, attract new developers, and further expand the international community. The Foundation’s mission is to remove barriers between Everscale and the external world.
Back in late 2021, the Everscale community supported a DAO initiative to create a representation of the network in the real world. By the end of August this year, all the necessary registration procedures had been completed, and the non-profit Everscale Foundation has now officially launched in Zug, Switzerland – the gold standard location for international NPOs. In full accordance with the original vision, the major areas where the Everscale Foundation is starting to perform its duties are as follows:
Representation
The Everscale Foundation will increase the network’s publicity and provide a single entry point for journalists, developers, influencers, government bodies, etc. The Foundation will form professional working groups and develop the required interfaces. These may include PR, GR, and marketing initiatives.
Grant Program
The Foundation will be the prime destination for qualified projects that want to develop and create their products and businesses on Everscale. Those projects that bring the most value to the network may receive support from the Foundation. These might vary from core infrastructure developers (nodes, system utilities, etc.) to various projects in the DeFi, NFT, GameFi, metaverse, and IoT spheres, or other areas as decided through voting by Foundation members in accordance with the current market context.
Intellectual Property Management
The Foundation will be the place where the network’s crucial intangible assets like trademarks, domains, patents, etc. are stored and will protect such rights in courts if necessary.
Legal and Compliance Support
To provide a better understanding of Everscale and facilitate listings of ecosystem tokens on exchanges, trackers, and analytical resources, the Foundation will take the lead in preparing and keeping up-to-date versions of the relevant legal documentation, including but not limited to legal opinions, compliance policies, and so on.
Promotion and Popularization
The Everscale Foundation will act as a popularizer of the network and its ecosystem, which may include participating in various industry events,…
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