Giorgio Alessandro Motta
GITA
Published in
2 min readNov 8, 2018

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GITA opens doors to Crypto Exchanges to join as Super Nodes

GITA welcomes Crypto exchanges to join the global alliance as a Super Node. GITA Transparency Platform is to be launched this year. We developed the universal disclosure requirements for startups raising funds via ICO and/or STO and will further advance it with disclosure standards for post-ICO/STO startups.

What is a Super Node?

Supernodes act as community coordinators and organizers and will drive the adoption of the Transparency Platform. The criteria, responsibilities, and governance of the Supernodes will be decided from time to time by the Supernodes in the Supernodes Steering Committee. The criteria, responsibilities, and governance listed below are those currently in place.

Supernode Criteria:

  1. A registered company in good standing in its place of organization and may not be a newly established organization. Minimum length of operation of 6 months.
  2. Has established a strong blockchain/crypto community. Supernode applicant must demonstrate its engagement and activity in the community.
  3. Crypto-specific business or primarily in the blockchain/crypto space (i.e., not just a service provider or peripheral to the ecosystem)

Supernode Responsibilities.

Besides the below responsibilities, it is proposed that each Supernode within each jurisdiction will contribute by taking ownership of tasks that are critical to GITA’s development in their jurisdiction, e.g., development of minimum disclosure requirements in their jurisdiction, translation of the platform and GITA materials into the local/national language, updating members about legal and ICO developments in their jurisdiction, and hosting GITA conferences.

  1. Engagement with Supernode Committee and providing feedback and attending Supernode meetings (must attend 65% of the meetings in order to remain in good standing)
  2. Each Supernode shall propose a target number of projects to be recommended by it each year taking into account the level of activity in their jurisdiction
  3. Each Supernode shall co-organize or participate in 2 GITA-related events per year
  4. Help promote GITA via social media
  5. Payment of annual Fee
  6. Commit to maintaining the integrity and credibility of GITA

GITA’s mission is to

  • protect investors by providing access to detailed information about crowdfunding campaigns on blockchain and their progress after the crowdsale,
  • help blockchain and distributed ledger based businesses succeed
  • create an industry standard for self-disclosure,
  • become a forum for knowledge-sharing and industry improvement.

Want to join GITA? Please send request to info@gita.foundation

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