🎯Our Mission

We believe cross-chain validator groups are the future. They are the final missing puzzle piece that will address the flawed economic design principles that have brought us the centralized ecosystems we see today, and our mission is to pioneer the movement that puts that puzzle piece into play by launching Coaction Network, the world's very first tokenized cross-chain validator group. It stands to reason that the mass adoption of cryptocurrency is impossible as long as this centralization remains, and we are steadfastly committed to doing our part to pave the way to mass adoption by bridging this one final gap.

However, we recognize that the road between now and the tokenized future will be complicated, as the transition period is fraught with the risk of hyper-centralization that could arise from rapid tokenization by the few privileged entities who have the resources to develop proprietary protocols. To counter-balance this risk, we will bring the benefits of validator tokenization to the public by decentralizing our protocol and making our validator group permissionless. The protocol will be deployed in the following phases.

1. Coaction Network's validator group will initially consist of our own private validators.

2. Once a reasonable proof-of-concept has been established, we will open our group to the public.

3. Finally, when the public group reaches "escape velocity", we will cut off CIT issuance to our own private validators and shift our focus to decentralizing the protocol.

As we pioneer this movement, we will remain steadfast in our dedication to shaping a more decentralized blockchain landscape. The road ahead is not without its challenges, but by equipping validators with the necessary tools to compete, we believe those challenges can be overcome. While our vision for the future might be years away, our vision for Coaction is coming much sooner.