Aleo Mainnet Countdown Announces the Formation of the Aleo Foundation!

Mondo Technology Updated on 2024-01-31

On December 20, 2023, the CEO released an official announcement on the official blog of ALEO:Launching the Aleo Meeting: A New Chapter

Today marks an important milestone: the founding of the Aleo Society. Aleo is the first permissionless, programmable, privacy-preserving network in Web3 with applications such as digital identity, decentralized finance, and privacy-preserving machine learning. **We hope to play an important role in nurturing and supporting the growing decentralized and open source ecosystem of the Aleo Network.

At Aleo, our goal is to build private web experiences powered by crypto technology. We envision zero-knowledge (ZK) as the cornerstone of the future of the Internet, just as HTTPS can be the foundation of commerce. However, building this future requires a collaborative effort that goes beyond the capabilities of any single company or organization.

Our Mission and Structure

Alee** will help guide and support the network with a focus on open source governance, developer engagement, and promoting zero-knowledge encryption applications. The Association is an independent, non-profit 501C4 organization in Wyoming that will operate independently of the commercial entity that has developed ALEO to date.

The creation of this new organization marks a turning point for me personally, as I will be transitioning from CEO of ALEO (in its previous structure) to Executive Director of ALEO. In addition, I will be appointing a board of directors in the coming months to help me lead and manage this ecosystem. This change symbolizes our commitment to Aleeo's broader mission and the importance we believe is to create two completely separate entities.

Our main initiatives

Developer educationBuilding on the success of previous programs, such as the Devrel Ambassador Program and the Education Grant Program, as well as other existing developer programs, we will launch a comprehensive program to educate developers on LEO so they can leverage zero-knowledge cryptography.

Funding Schemes: The ultimate goal of our developer education program is to encourage and motivate developers to write ZK programs on LEO and deploy them on ALEO. As a result, we will be expanding our Dev Grants program with an initial allocation of 1500,000,000,000 tokens to support innovative projects. Initiatives such as the Marketing Launchpad demonstrate our commitment to nurturing and showcasing grantees' work.

Product Incubation: FromZPASS, ** will develop internal products to provide a blueprint and inspiration for the community. These projects have the potential to generate derivatives in the future that will further enrich our ecosystem.

Governance

Managing the ALEO protocol responsibly is another core focus of the ALEO Conference. Our goal is to facilitate constructive technical discussions among the broader open source ecosystem, attracting both internal technical experts and external community advisors. A dedicated Technical Advisory Board will play a key role in guiding these conversations and ensuring that we remain committed to the ideals and mission of the Conference.

Once mainnet launches, there will no longer be a core "engineering team," but a community of developers, designers, researchers, engineers, and other contributors who will work together to drive the future direction of Alee. The role of the Aleo Club is that of a facilitator, not a leader. Therefore, we will reinvigorate the ARC (Aleo Request for Comment) process to create a transparent, efficient, and democratic path for updating the Aleo protocol.

Personal notes

As I look back on the past four years of Aleeo's journey, I am very proud of what we have accomplished with more than 80 core contributors, hundreds of ambassadors, and our vibrant community. This collective effort is extraordinary.

But the true impact of aleo requires a broader, more holistic approach to encourage the adoption of zero-knowledge cryptography. As we enter this new era with the Aleo Society, I am thrilled and honored to be able to work with this incredible community. Not only are we building technology together, we're restarting the internet to create a future where digital and physical identities are seamlessly connected and protected, where sending money across the globe is as easy as sending email, and where privacy and security don't have to worry about personalized web experiences.

#aleo#

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