All the members of Xriba Associations are responsible for developing and driving Xriba’s blockchain strategy to bring all the blockchain opportunities to the companies.
Every association’s members have the chance to express preferences on the definition of the future of the project and on the roadmap.
The members make up the association's two governing bodies: the General Meeting and the Executive Committee.
The Executive Committee
The Committee is composed of at least 2 (two) individuals chosen by the Members, whereas at least half of it shall be chosen by the Founding Members.
The Committee shall self-constitute itself and appoint the President and Vice-President. It also appoints the Secretary. The accumulation of offices is permitted. The Association is represented towards third parties by the President, who has the right to individual signature. The Committee meets whenever necessary, normally once a month, on convocation by the President or Vice- President. The President shall also have the power to take autonomous decisions to safeguard the good functioning and interests of the Association.
The future DAO system
As soon as the Binance Smart Chain smart contract network is created and published, the association will vote on token economy rules, Sidechain roadmap and features, and dAPP development as a DAO, or decentralized autonomous organization, with all proposals being voted on through the blockchain.
The Xriba Association directs the project's development basing on four main values: