KEY TAKEAWAYS
- Qubic’s Steering Committee Restructure Proposal has been approved, extending the mandate until October 30, 2026, to enhance growth and transparency.
- The restructuring aims to professionalize the team and increase community involvement, addressing the evolving needs of the Qubic ecosystem.
- SteCo plans to request funding from the Computer-Controlled Fund to support the new framework, with a draft proposal for community discussion.
- Recent achievements include reducing the maximum supply, launching smart contracts, and introducing programs to support ecosystem growth.
The recent Steering Committee Restructure Proposal by Qubic has been approved by the Computors, extending the mandate of the Steering Committee (SteCo) until October 30, 2026. This decision, announced here, introduces a refined structure aimed at promoting growth, transparency, and decentralization within the Qubic ecosystem.
Implications of the Approved Proposal for Qubic
The restructuring is set to enhance the operations of SteCo by professionalizing the team and empowering community involvement. This new structure is designed to address the evolving needs of Qubic’s ecosystem, ensuring a sustainable environment for the community, partners, and stakeholders.
To support this new framework, SteCo plans to request funding from the Computer-Controlled Fund (CCF). A draft funding proposal is expected to be presented for community discussion.
SteCo’s Historical Context and Future Objectives
Established on September 22, 2023, SteCo was initially focused on technology, marketing, partnerships, and community. Over time, its scope expanded to include ecosystem and events, operations and reporting, and finance. This expansion was aimed at better serving Qubic’s growing needs.
During its previous terms, SteCo achieved significant milestones, such as building core teams, launching a mobile wallet, and establishing strong branding. These efforts laid the groundwork for future developments.
The third term, starting October 30, 2024, aims to develop a vibrant ecosystem, advance AI research, and ensure the financial health of Qubic’s ecosystem.
Key Developments and Strategic Directions
Recent achievements include cutting the maximum supply from 1,000 trillion to 200 trillion, introducing a new emission model, and launching smart contracts for decentralized fundraising. The Qubic Grants Program and Ambassador Program are among the initiatives launched to support ecosystem growth.
SteCo’s responsibilities include setting strategic directions, overseeing marketing growth, and maintaining an operational structure aligned with regulatory developments. The governance structure emphasizes transparency and accountability, with members serving two-year terms.
Looking forward, SteCo plans to establish a Swiss association to support legal flexibility, facilitating banking, contracts, and sponsorships. The new SteCo structure introduces roles with redefined responsibilities to strengthen ecosystem expansion and community management.
The approval of this restructuring proposal marks a significant step towards sustainable growth and innovation for Qubic, with a focus on decentralization and community engagement.
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
