The five founders of the Bitcoin Development Foundation, and the current board of supervisors are blogger Xu Zijing, Tongtian Translations’ founder Xiong Yue, Bitcoin Technology founder Su Qi, Jisu Capital founder Huang Jian, and Bitcoin exchange Huobi co-founder Du Jun.
The Bitcoin Development Foundation’s 5 stated goals are to:
1. Report on the Industry
2. Guide Public Opinion
3. Communicate With Government Agencies, Business Organizations, and other Industry Associations
4. Represent China’s Bitcoin Community at International conferences
5. Promote Bitcoin on campuses, and both online and offline
The Bitcoin Development Foundation will be led by “The Council” which consists of 5-15 directors who are elected for a single year term at a time. The board of supervisors has the power to remove members of the Council board should they fail to complete relevant Foundation tasks regularly. Annual dues are 100 Yuan a year for individuals and 2000 Yuan a year for corporations. In addition, the Bitcoin Development Foundation has several tiers of Sponsorship. Their Foundation Charter can be found here (in Chinese).
What do you think of the Bitcoin Development Foundation? Comment below!
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Last modified: June 13, 2020 9:33 PM UTC