What country is the foundation being setup in? Who are the office holders etc
This is very good news indeed, but can you provide more information? The term 'foundation' conjures up something very specific in my mind - a legal entity registered with a government somewhere in a country operating with the rule of law by known individuals - is this what you guys have setup?
Their Foundation is based on Mauritius, Most probably its an offshore foundation.
as for the details of the Foundation its still being updated on their website to reflect all the information about their Mauritius Based SIRX Foundation.
Ok, thanks for that info, the devil is always in the details, cryptosphere moves in trends and setting up 'foundations' to add an air of credibility is a new one on the horizon, i'm hopeful this sirius foundation is legitimate and will help long term governance and development of the ecosystem.
Setting up a foundation for cryptocurrency is not a new thing see bitcoin foundation as an example.
But not all crypto developer are going on such length to setup a foundation for their cryptocurrency.
And its true that having a foundation setup for a crypto will add some legitimacy on the project and a good sign that the dev is here for the long haul.
They are so super busy they can't produce a single commit to the git repo since Jan 15?
Yeah, right....