Trrue Council Ltd is a Cyprus-based private company limited by guarantee that serves as the initial steward of the TrrueNet ecosystem. Its role is inspired by models like the Web3 Foundation’s relationship to Polkadot, balancing legal accountability with a long-term commitment to progressive decentralization.
Trrue Council is not a foundation in the traditional sense, nor is it designed to dominate governance. Instead, it fulfills a role that:
- 🌐 Provides legal and operational support to the Trrue DAO
- 🔧 Maintains key infrastructure like TrrueChain and TrrueSSI during early-stage rollout
- 🧭 Guides the ecosystem through its phased decentralization roadmap
- ⚖️ Interfaces with regulators, institutions, and partners to ensure legal interoperability
In short: Trrue Council is a bootstrapping steward, not a permanent authority.
Designed for the DAO, not above it#
Trrue Council operates as an auxiliary support structure to the Trrue DAO.
- In Phase 1, it provides essential scaffolding: handling legal reviews, issuing fellowships, and curating early governance mechanisms based on ERC20 tokens.
- In Phase 2, control shifts to the community via OpenGov, TrrueChain’s native, on-chain governance protocol.
This mirrors how Polkadot transitioned from Web3 Foundation-led coordination to community-led governance, where the foundation now simply acts on behalf of the DAO—not above it.
Why a Company Limited by Guarantee?#
This specific legal form:
- 🚫 Has no shareholders or equity holders
- ✅ Prioritizes mission over profit
- ✅ Is common among professional bodies and collectives, making it a natural fit for Web3 ecosystem stewardship
- 📜 Provides a credible legal interface for interacting with regulators and enterprise partners across the EU and beyond
By incorporating in Cyprus under EU law, Trrue Council ensures regulatory clarity while maintaining alignment with Web3 values of openness and neutrality.
Inspired by Open Source — Evolved for Web3#
Trrue Council also shares similarities with open source organizations, acting as a trusted coordinator across:
- 🧑💻 Developers
- 🏛 Institutions
- 🌍 Policy advocates
- 📦 Product teams
But unlike traditional open-source consortia, Trrue Council is built with tokenized governance, fellowship-based meritocracy, and progressive decentralization at its core.
Our Mission#
Trrue Council exists to:
- 🚀 Support the early growth of the TrrueNet ecosystem
- 🧱 Provide stable infrastructure for builders and validators
- 🧑⚖️ Engage in purpose-driven compliance — not to hinder innovation, but to make it future-proof
- 🗳 Transition responsibility to the Trrue DAO, distributing authority as the ecosystem matures
In summary#
Trrue Council is not the ruler of TrrueNet — it is its temporary guardian. As governance power shifts into the hands of the community, the Council’s direct influence will fade, replaced by DAO-native structures and on-chain participation.
Our promise is simple:
We’re not here to control the network. We’re here to help it become unstoppable.