Giovanni - EASY1, Midnight & World Mobile Operator
14.9K posts
@CryptoJoe101
@Cardano EASY1 Stake Pool Operator @MidnightNtwrk Node Operator @WorldMobileTeam Earth Node Operator Views and opinions my own
As many in the community will know, EMURGO has recently been focused on managing the SecondFi incident. As a result, EMURGO has informed us that it is unable to allocate the necessary resources to plan and execute Token2049. Intersect has received and reviewed a request from EMURGO to transfer delivery responsibility for Token2049 to the Cardano Foundation. Following discussions between EMURGO, the Cardano Foundation and Intersect, this transfer has now been mutually agreed and accepted. In our role as administrator, Intersect’s priority is to support delivery of what was approved by DReps and outlined in the governance action metadata. Given the timing of the event, the need to act pragmatically, and the importance of avoiding unnecessary delivery uncertainty, we believe this is the right course of action. The Cardano Foundation has agreed to deliver Token2049 in line with the approved scope. Both @emurgo_io and Intersect regard @Cardano_CF as a reputable and capable ecosystem partner with a strong track record of delivering major events to the expected standard. Delivery of Token2049 is now transitioning to the Cardano Foundation and we look forward to seeing Token2049 delivered in October.
Following the recent SecondFi incident, we have confirmed that our priority right now must be solely the recovery of assets for all affected users. Together with our colleagues at @IntersectMBO and the @Cardano_CF, we have agreed that the best way to ensure a successful Token2049 event for the community is for the Cardano Foundation to take responsibility for delivering the agreed plans. As one of the most experienced events teams in the ecosystem, with a strong track record in consistently delivering similar scale events, we are happy to confirm that the Cardano Foundation events team has agreed to step in and take the lead on facilitating the activation. Our local team is available to provide on-the-ground support. We are grateful that the Cardano Foundation has graciously accepted this responsibility.
Please share, yall ❤️❤️ gofund.me/63ba73a72
