Fenomy Foundation. Establishing a non-profit international organization

Ksenia Alekseeva
Fenomy System
Published in
2 min readDec 9, 2022

The Fenomy team is establishing an international organization called the Fenomy Foundation.

Fenomy System’s property, assets, technology, liquidity, and intellectual property rights will be owned by the organization.

The Fenomy Foundation will be administered by founders, who will annually elect the board of directors and make all strategic decisions regarding the project’s development and funding. Every yearly quarter, the organization will also make its financial statements public.

The founders will consist of team members and significant investors from the early stages of development, individuals who purchased FNM and contributed to the project’s development in other ways from its inception. As a result, the number of founders will grow if candidates meet the requirements of the organization’s charter.

Only investors who received FNM from fy00ffbf7db598634da11fff00 investment account are eligible to join the organization’s founders. The funds on this account are currently ending, and after December 20, account operations will be permanently suspended.

Legal procedures are currently being carried out, and the necessary documentation is being compiled. The first meeting of the Fenomy Foundation’s founders will take place before the end of the year. The first election will be held, as well as the first strategic decisions will be made.

We will keep everyone up to date on the latest developments from the Fenomy Foundation.

We want to thank everyone who helped with the project’s development!

https://helpdesk.fenomy.com/knowledge/details/136/fenomy-establishes-an-international-organization

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