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Home News

The Re-election and Election Defense of FT Community Committee Successfully Holds

Mo Chou by Mo Chou
June 28, 2019
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(BlockBar) FCoin Exchange is based entirely on community governance for open management, which is the most trendy governance paradigm among all the exchange communities. FT community is not only the basis of FT ecological development, but also an important force in the practice of the notarization economy. Previously, the FT community has made more than 320 proposals and produced more than 60 major resolutions. FT community committee is the highest decision-making body of FT community. The members of the committee are elected by the community referendum and are responsible for the daily affairs of FT community. They play an indispensable role in the normal and efficient operation of FT. Therefore, the election is of great significance to the FT community as well as the FCoin exchange.

According to the election rules of the Second FT Community Committee, the election holds every half year. The initial screening period for the nomination of candidates for the current election is now over. The publicity of candidates starts on June 21 and ends on June 27. The voting period is from June 28 to June 30.

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Carrie Yang said that since the foundation of FCoin, it has not been a traditional company, and FT holders are the sole owner of FCoin’s equity. It enjoys 80% income distribution and community governance. The future of FT is in the hands of FT holders. A total of 7 major referendums have launched on behalf of the community so far, including differential service charge, sustainable mining, implementing FMEX, FCoin innovative version, etc.

The formal election event is divided into three parts: the candidates’ self-introduction, the online interaction between Coin founder Zhang Jian and the candidates, the defense, and the free debate which aims at “The (trial) implementation on the innovative version supporting the open closing and Price Limits “.

During the activity, many important questions were answered. For example, in the defense session, Carrie Yang asked questions about the greatest differentiated competitiveness of FCoin among other exchanges. How to understand the sustainable mining of FCoin? How to view the adoption of the resolution on FONE splitting by the Social Council? The strategic significance and value of FT public chain to FT ecology? Price Limits are discussed in the community. FCoin is a new model, which does not need to learn from the traditional model rules, and has a promising future. At the end of the event, the members of the social committees still have an endless will to communicate with each other. They are full of expectations and confidence in the ecological development of FT.

Mo Chou

Weekend is the most representative female writer in the blockchain industry. She is known for her keen news capture ability and is good at English writing of blockchain news in the Chinese region.

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