The purpose of the Foundation is to support and expand every aspect, technical or otherwise, of the current implementation and all future implementations of the blockchain-based protocol known as dYdX (the Protocol), including but not limited to the ecosystem connected to the Protocol (the Ecosystem), and to encourage others to do the same. To this end, the Foundation may, in particular, take the following actions: support and finance suitable research and development activities and projects, promote and educate the public about the Ecosystem and/or the Protocol, issue, receive, transfer and hold digital information units (no speculative trading activities), use governance smart contracts and issue governance tokens, collaborate with various companies, partners, banks, regulators, authorities and other third parties for the benefit of the Ecosystem, distribute received contributions and participate in companies, acquire, hold or grant trademarks, copyrights and other intellectual property rights or licenses, organize conferences and other events that support and promote the Ecosystem and/or the Protocol, conduct and promote all business and/or enter into all transactions and generally take all actions that are necessary, appropriate, incidental or desirable to support the achievement or promotion of the goals described herein. The Foundation may also delegate the fulfillment of its tasks to other organizations, create such organizations and/or promote existing ones. The Foundation is fundamentally non-profit and does not pursue any profit. The Foundation may make profits, to the extent and as long as this is necessary for the financing of the project and the development of the innovation. Within the scope of its purpose, the Foundation may operate both domestically and internationally.
Outbound Leads by COHAGA