Articles of Foundation

Metadium Foundation

The terms “Metadium,” “Foundation,” “we,” “us,” and “our” in this prospectus refer to Metadium Foundation and our consolidated subsidiaries
The Metadium Foundation is a non-profit organization created to grow the DID based Metadium inter-ecosystem and in turn, help participants and teams succeed in implementing Metadium DID functions into their business model
Purpose of Metadium Foundation/Metadium Foundation Initiatives/Roles of Metadium Foundation in Metadium ecosystem
- Engineering support for popularization of technology
- Platform support for onboarding projects
- Business Development & partnership for ecosystem

The key functions of The Metadium Foundation are as follows:

Partnering with Service Providers
Expanding NFT/Web3/De-Fi business and community partnerships
Optimizing the business model of Service Providers
Creating guides to implement the DID function of Metadium protocol and help onboard new partners
Technical support for utilizing DID ecosystem
Mainnet features (staking, governance, consensus, etc.)
Creating new ways for creators and consumers to interact.
Provides bridge capability with multiple blockchain support
Iterate on token economics to drive more value into the Metadium ecosystem
Protocol upgrades
Protocol parameters

Decision-making will progressively be decentralized with on-chain governance by Metadium token holders
Metadium mainnet operated on SPoA consensus algorithm
Accept decision making proposals that pass from the voting on metadium governance Dapp. Voting is held between BP nodes: https://governance.metadium.com/
Set a proper gas price to prevent spamming of network
Responsibility for accidents caused by a project in the Metadium ecosystem belongs to the project, and the Metadium Foundation does not have responsibility

Restricting project that saving customer data to centralized storage without explicit agreement or exposing customer data to vulnerable security states
Code update for Metadium Mainnet/Testnet is released on Github