Unicoin establishes the Unicoin Foundation, and management will henceforth be handled by the foundation.
Foresight News reports that the crypto investment company Unicoin Inc. has announced the establishment of the Unicoin Foundation. The foundation will be chaired by investor Robert Newman and governed by a board of 27 directors elected by shareholders. It will operate independently from Unicoin Inc., focusing on education and ecosystem development initiatives. Previously, over 4,000 Unicoin shareholders participated in the governance vote, and nearly 99% of shareholders supported the transition to an independent foundation structure. Management responsibilities will officially transfer from Unicoin Inc. to the foundation.
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