News/Optimism Launches Optimism Foundation with Focus Shifting to Citizens' House Next

Optimism Launches Optimism Foundation with Focus Shifting to Citizens' House Next

May 18,2022,11:01
Optimism, the Ethereum Layer2 scaling network, announced a decentralized governance update with the release of Optimism Collective Governance Operations Manual v0.1, which empowers Token House to perform things like upgrades and treasury allocations. In addition, Optimism has launched a new independent entity, the Optimism Foundation, whose primary responsibilities include: tracing public goods funding and identity-based NFT experiments, maintaining the Operations Manual, and executing governance-driven on-chain transactions. The foundation is led by two of Optimism's founders, Jing and Ben. Optimism says the focus will shift to Citizens' House, the identity-first NFT governance layer of the Collective. The primary responsibility of the Citizens' House will be funding those public goods which have the most positive impact on the Optimism and Ethereum ecosystems. The first Citizens' House experiment and its corresponding Citizenship NFT collection will be the next major milestone for the Collective.
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