This proposal is to provide a budget to MCDEX Foundation to hire a director for it.
- The Core Team identified a few suitable candidates for the role of director for the MCDEX Foundation that is based in Singapore.
- The chosen candidate’s compensation is calculated and if the conditions are approved by both parties, the hiring proposal is submitted to the community vote.
- Compensation will be paid on a monthly basis
Background of Director
- Part of DeFiance Capital who is an investor of MCDEX.
- DeFiance Capital is an early investor of MCDEX and has reinforced their investment in the latest strategic raise.
- Candidate has worked with MCDEX closely and understands the needs of MCDEX.
- Candidate is a Singapore citizen and will be able to assist the foundation effectively.
agree to provide $100k budget for one year to hire Director of Foundation
disagree to provide the $100k budget to foundation
Hi! This sounds like a great idea to hire a director for the Foundation, and at the same time tighten relationship with investors.
Would love to know more details about the role of this position.
- Is it a CEO position?
- What is expected from this position (day to day & long term goal)?
- How is he going to collaborate with MCDEX Labs?
sorry for the delay. This is not a CEO position, since the foundation is a public company and it only has several directors with equal powers. The director will be actively attending some governance issues, sharing insights, helping provide feedbacks from the perspectives as a community member. And we do need a singapore citizen to set up the foundation. As an investor of MCDEX in several rounds, our goal is aligned to achieve more growth here.
Thanks for the questions as always:)