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Unicoin is advancing its governance reform. It seems they announced the establishment of a foundation. Over 4,000 shareholders have participated in voting, and 99% agreed to transition to an independent foundation structure. That's a pretty high approval rate.
By becoming a foundation independent from Unicoin Inc., they will be able to focus on education and ecosystem development. Robert Newman will serve as chairman, with a board of 27 directors managing the organization. They are apparently elected through shareholder voting.
I feel like this kind of governance transition has been increasing lately. I wonder if Unicoin's transparency will improve with this move. Let's keep an eye on how things develop.