Ecosystem, Announcements, News, GC

Klaytn Governance Council Updates for March 2024

*Note: With KGP-7 passing in May, a new procedure has been introduced and implemented where the selection and dismissal of Klaytn Governance Council members is decided entirely through public on-chain voting by the GC on Klaytn Square.

The Klaytn Governance Council (GC) welcomes new GC members who have the support of Klaytn ecosystem participants and are expected to contribute at a high level.

Based on these criteria, the GC has approved and onboarded Trinito, Animoca Brands, and Stable Lab. As of February 2024, PlayDapp has resigned fromthe GC.

Furthermore, Bisonai and DWF Labs have been approved to join as new GC members, and they will go through the Klaytn GC onboarding process alongside ABGA (Asia Blockchain Game Alliance), which was approved to become a GC member in May 2023. The details of the approval can be found in the Klaytn Governance Forum below.

About Trinito

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TRINITO is a trading/investment company that was established at the beginning of 2022 with years of track record from our core members. We have balanced businesses in trading and investment which are built upon the core members’ professional careers from traditional finance (IB/Fintech) and global central exchange, crypto venture capital, and DeFi protocol (the largest in Korea). This is a unique mix to find from crypto trading/VC firms in Korea.

Trinito publishes research articles about crypto market and portfolio projects. Trinito also specializes in providing insights to the crypto industry and community, including publishing research articles on the crypto markets and portfolio projects.

About Animoca Brands

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Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad 

portfolio of products including original games such as The Sandbox, Phantom Galaxies, Life Beyond, Crazy Kings, and Crazy Defense Heroes, and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. 

Notably, Animoca Brands has an extensive ecosystem, with a portfolio of 450+ web3 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and more.

About Stable Lab

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Founded in 2021 as StableNode, StableLab is a research and development company specializing in governance operations and analytics, with 17 members spanning the areas of governance, node operations, and product development. With a team of PhDs in computer science and economics, StableLab specializes in consensus systems. With excellent engagement metrics, they contribute to over 20 protocols and ecosystems, and their partners include Arbitrum, Optimism, Aave, Uniswap, 1inch, Balancer, Element Finance, InstaDapp, Lido, MakerDAO, and more.

Notably, StableLab is involved in the entire governance process, from initial discussions, proposal creation, and feedback rounds to on- and off-chain voting. In addition to making informed decisions, we also write proposals where possible.