We are absolutely thrilled with the recent outcome of the Ripple vs. SEC case, which concluded after a long wait of 3 years and 7 months. This victory marks a significant milestone for the XRPL ecosystem, and we couldn’t be happier. In addition to this exciting development, the Inclusive Financial Technology Foundation (@IncFinTech), formerly known as the XRPL Foundation, has announced their rebranding and is exploring the concept of a Decentralized Autonomous Organization (DAO). This exploration resonates with our own ongoing considerations about transitioning CalorieToken into a DAO.
The Vision for CalorieToken as a DAO
As an officially registered company with the Chamber of Commerce, CalorieToken is committed to exploring the transition to a DAO. We believe that shifting our current responsibilities to a DAO structure could significantly benefit our ecosystem. Here’s why we think a DAO is an important future development:
Read more on: https://calorietoken.net/index.php/2024/08/08/the-potential-of-calorietoken-as-a-dao/