Intersect, a member-based organization for the Cardano ecosystem, in partnership with Input Output, a blockchain research and engineering firm, has announced the Cardano Constitutional Convention. This three-day event, held in Nairobi and Buenos Aires, brings together global delegates to define governance principles for Cardano, a blockchain known for scalability and sustainability.
The convention highlights Cardano’s commitment to decentralized, community-driven governance. Delegates will approve a constitution that fosters inclusivity and empowers users to shape Cardano’s future. This will showcase its leadership in blockchain innovation and dedication to local communities.
Africa’s Central Role in Cardano’s Vision
Nairobi’s selection as a host city underscores Africa’s importance to Cardano. One-fifth of the 120 delegates come from Africa, chosen from over 1,200 participants across 60+ workshops in 50 countries. This inclusivity ensures those most poised to benefit from blockchain play a key role in its development.
“Africa stands to gain immensely from Cardano’s potential to promote financial inclusion and create equitable opportunities.” Said Charles Hoskinson, Cardano Co-Founder. Hosting the event in Nairobi reflects the region’s importance and the talent within the African Cardano community.” Noted Jack Briggs, Intersect Ecosystem Director.
Setting a New Governance Standard
The convention aims to establish a foundational constitution featuring decentralized representatives [DReps], on-chain voting, and a decentralized treasury. “We’re creating a governance model that combines liquid democracy and a constitutional republic,” said Hoskinson.
Jack Briggs emphasized collaboration and Africa’s role: “This event highlights the power of community-driven governance, ensuring Cardano’s growth while empowering Africa to shape its future.”
Africa Leading the Way in DeFi
Africa’s unique challenges, such as financial exclusion and inflation, have spurred rapid blockchain adoption, positioning the continent as a leader in decentralized finance [DeFi]. Cardano’s initiatives aim to build an inclusive financial system, offering services to the unbanked and fostering economic growth. Through innovation and collaboration, Africa is shaping its role as a global hub for decentralized systems.
