Foundation community adopts decentralised governance model

Copenhagen, Denmark: In the recent remote member’s meeting of the Muellners Foundation, attended by its Council, it was announced that the voluntary association aimed at non for profit initiatives, should be run as a decentralized autonomous organisation – DaO.

The community around the Muellners Foundation’s digital initiatives is growing. Foundation is of the view that the community members have vested interest in the decision making process for running the Foundation’s projects.

“We aim to create a class of entrepreneurs that believe in the same philosophy and would like to work in a domain ranging from Data privacy, Climate change, Global health and financial sovereignty.” the Council announced in an open source documentation on its public channel.

Muellners foundation has a global footprint that expands the Foundation’s ideology to countries like Cameroon, Nigeria, Kenya, where it has run the ‘Learn Program’ and fellowships.

A global decentralized autonomous governance system for its members to sustainably develop diversified projects that accrue value for the Foundation.

In India, the Foundation is launching key digital initiatives and research endeavours, combined with spirited product engineers and entrepreneurs.

In Europe, in Denmark, where the Foundation is currently registered, it vocalises the plight of humanity with its periodic releases of contributions into open source projects.

While being a philanthropic arm founded by Muellners Inc shareholders, the Foundation aspires to share its resources and infrastructure with all its stakeholders. The Foundation’s belief is that a truly global foundation has to build and nurture equity across the globe.

“We deeply believe that we represent the problems and solutions that can be practically realised for these global landscapes.” stated Devendra Yadav, Blockchain developer working with the Foundation.

For more info on the Muellners Foundation

Muellners Foundation maintains open source projects such as Bitrupee, Finscale and promotes other open source technologies like Apache Fineract.

Press release distributed by Pressat on behalf of Muellners Foundation, on Friday 28 May, 2021. For more information subscribe and follow