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How to become a founding member of the Libra Association

by John Dantoni

June 18, 2019, 12:59PM EDT  ·  4 min read

Quick Take

  • The Libra Association will eventually be comprised of 100 members that will be validators (nodes) operating the Libra Blockchain and governing the association 
  • So far it consists of organizations from various industries including payments, technology/marketplaces, telecommunications, blockchain, venture capital, nonprofits, and academic institutions
  • In order to be a founding member, organizations will need to meet technical requirements and certain evaluation criteria

by John Dantoni

June 18, 2019, 12:59PM EDT  ·  4 min read

Now that the Libra white paper has been published, The Block has outlined how to become a Founding Member and the requirements it entails. Libra will be administered by a non-profit Libra Association based in Geneva, Switzerland, which will ultimately have 100 geographically diverse founding members. No member will be able to represent more than 1% of the vote.