Is the PRS Foundation a Centralized Organization?
In the early stage of PRS ecosystem development, in order to concentrate the resources and strength of the PRS ecosystem, reduce risks, standardize the operation of the fund, and explore good teams and projects for investment and support, the role of the PRS official foundation is indeed more centralized.
However, with the development and evolution of the PRS ecosystem, the fund founding team/investors/participants will grow together after various project experiences, and the organization/governance/constraining/reward mechanism will be improved. The role of the foundation will definitely also change gradually.
At present, the official foundation and various fund projects are still in the early trial operation stage, and some processes and rules will be gradually optimized and adjusted according to the effect of the trial operation. But information transparency is the most basic requirement of the PRS official foundation for each fund team, and it is also the first principle of each project operation.
Trust and consensus are the cornerstones of the blockchain world. Information transparency can generate trust and consensus, and make it possible to obtain investor support, attract participants’ cooperation and contribution, and finally achieve project goals and realize the fund’s vision.
Being truly guaranteed of the principle of information transparency in the operation of fund projects is also the basis for the “decentralization” of the PRS official foundation in the future.
PRS Foundation Social Profiles:
PRESSone Social Profiles
- PRESS.one Platform Official Chinese Account
- PRESS.one Platform Official English Account
- Offical English Blog
- Facebook Page
- Offical English Telegram Chat Group
- Official English Announcement Group
- Official Wechat Public Account
- Chinese Telegram Chat Group
Photo by Barron Roth on Unsplash
