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 Xriba DAO
The Xriba Association is one of the first legally recognized organizations to outsource part of its decision-making process to a DAO. The Xriba DAO is responsible for stabilizing the roadmap of the Xriba Association’s blockchain projects.
Thanks to this partial decentralization of the Association governance, future users and all the other stakeholder of the Xriba Association can make development proposals and vote them while staking a certain amount of XRA tokens on DAO's smartcontract.
The Xriba Association directs the project's development basing on four main values: