The Electra Foundation is a nonprofit organization that was founded at the beginning of 2022. The foundation is supporting Electra Protocol, which is an open-source, permissionless, and decentralized blockchain. The foundation has a number of responsibilities:
- involvement in the identification and due diligence processes
- supporting efforts to list XEP on exchanges
- signing agreements with partnering entities
- funding community initiatives
- supporting blockchain developments
- educating the public about blockchain adoption
- publication of websites and services
- and all other interests in regard to Electra Protocol.