A neutral protocol is only as credible as the body that governs it. The Verana Council is an independent association (Swiss Verein, in formation) that governs and secures the live network — the only body whose members run validator nodes. Without a seated Council and the first ecosystem participants, the network launches empty.
Recruiting that founding membership — across sectors such as finance, healthcare, technology, public sector, standards bodies, and academia, with broad regional balance and a deliberate cap of 25 seats — is slow, high-touch work that cannot be shortcut. It is the critical path to mainnet, and it starts now.
What the round funds here
- Incorporation & secretariat of the association, with legal drafting and a published governance framework.
- veranacouncil.org — the platform that runs candidacy, vetting, and the admission process in the open.
- Recruitment from a seed cohort of three toward the cap of up to 25 Founding Members, plus the first ecosystem participants.
2060 covers these costs as steward while the Council is in formation. Council membership is deliberately free — no dues, no capital contribution — a recruitment asset modeled on how the strongest governance consortia were built. After launch, the network funds its own governance on-chain.