Governing Council

The PairedWorld Non-Profit Foundation aims to operate similarly to a Decentralised Autonomous Organization (DAO), with a focus on transparency, decentralisation, and community-driven decision-making. However, it will not be a DAO in the strictest sense. This document outlines the Foundation's structure, including its governing council, executive board, and core contributors.

Governing Council

1. Composition: The Governing Council will consist of a min 3-member council appointed based on their impartiality and the experience they bring to govern the PairedWorld Foundation. The founding Governing council will initially be appointed by the PairedWorld founding alliance.

2. Selection Process: Candidates for the Governing Council will be nominated by the community and will undergo a thorough vetting process. The final selection will be made by the Executive Board, ensuring a balance of shared values, moral and ethical values, leadership and vision.

3. Responsibilities: The Governing Council will be responsible for overseeing the strategic direction of the Foundation, approving major decisions, and ensuring the fulfilment of the Foundation's mission and objectives.

4. Term Council members will serve for a term of two years, with the possibility of reappointment.

Executive Council

1. Composition: The Executive Board will be composed of the core contributors to the PairedWorld project, including representatives from Unpaired, who will operate the ecosystem, including engineering, marketing, and operations who will be responsible for initially operating the PairedWorld ecosystem.

2. Responsibilities: The Executive Board will be responsible for managing the day-to-day operations of the Foundation, implementing strategic decisions made by the Governing Council, and ensuring the overall success of the PairedWorld project. Some roles/functions may be outsourced to founding partners initially at launch.

3. Term: Executive Board members will serve an initial term of two years, with the possibility of reappointment based on their performance and contribution to the project.