The Beam Foundation uses the funds allocated to the Beam DAO Treasury to continue developing and promoting the Beam protocol and advance the broader privacy-related agenda.
The Beam Foundation is registered in Singapore as a Company Limited by Guarantee, the preferred method of writing a non-profit body in Singapore. Singapore is crypto-friendly, but also it is a truly global city, a place where East and West meet.
The Beam Foundation governs by a Board of up to seven members; the current Board, all of whom have supported Beam for a long time and have the project's best interests at heart. The four current board members are:
The Board performs the Governance of the Foundation. After gauging the community's will via community calls, polls, and chats, the Board then decides by a simple majority.