What is Scroll Foundation?
The Scroll Foundation (the “Foundation”) is a Cayman Islands foundation company that serves as the steward and driving force behind the Scroll ecosystem. Its core mission is to foster transparency, community engagement, and to decentralize governance. To fulfill this mandate, the Foundation engages in a range of key activities, including promoting ecosystem development, community engagement, and governance support and education.
The Foundation’s core activity is to serve as a steward for the Scroll DAO, a decentralized autonomous organization represented by the community members of Scroll protocol, and to fulfill these functions:
- Foster ecosystem growth through strategic initiatives, such as grant programs;
- Support and fund research and development activities and projects, primarily related to zero knowledge technology for blockchains;
- Educate the public regarding Scroll DAO and zero knowledge technology for blockchains;
- Support and facilitate governance infrastructure, socials media interactions, and various services for Scroll DAO (including engaging officers, employees, contractors, and service providers to carry out the operational and administrative objectives of the Scroll DAO); and
- Facilitate compliance with relevant laws and regulations.
The Scroll Foundation is governed by a Board of Directors, which acts as a collective body to oversee and handle the operational and administrative aspects of the Foundation and to support the activities of the Scroll DAO. Directors must act honestly and in good faith in the best interests of the Foundation.