BitShares DAC Elects Official Spokesperson

BitShares DAC Elects Official Spokesperson


For more information contact:                            

Alex Fredericks        

Digital Launch LLC

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: (347) 687-1712

October 20, 2017 – BitShares holders have voted in favor of a worker proposal that elects the BitShares Blockchain Foundation as the official spokesperson for BitShares. The proposal was submitted by the foundation in response to misinformation surrounding BitShares. This appointment of an official representative, highlights BitShares' technical strength and governance process as a decentralized and autonomous community (DAC).

To address the difficulties that come with being a DAC, the BitShares Blockchain Foundation proposed to function as the only spokesperson for BitShares. The foundation will become the public face of BitShares handling all external communication. The approval of the proposal results in a mandate that will be active for as long as proposal keeps the required approval during the next 15 months.

The mandate does not allow the BitShares Blockchain Foundation to direct the future of the BitShares blockchain. Any changes to the underlying protocol, will require separate proposals, which will need to undergo the scrutiny of the BitShares holders and receive approval through a vote.

In a statement posted to, the foundation expressed their gratitude for the support received from the BitShares community:

“We would like to say thank you to all involved! We feel very honored by the trust and faith the community has given to us and are highly committed to prosper in this new role and thereby contribute to the growth of BitShares.”

Anyone interested in meeting the team behind the BitShares Blockchain Foundation is encouraged to make an appointment for a personal meeting at:

Stichting Bitshares Blockchain Foundation

Business Innovation Campus (BIC) De Gasfabriek

Zutphenseweg 6b

7418 AJ Deventer

The Netherlands

Click to view the original worker proposal: 201710-spokesperson


Cryptonomex Inc. is an independent blockchain development company founded by the core developers of the BitShares blockchain. The mission of Cryptonomex is to facilitate the growth and adoption of industrial blockchain technology.

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