Tokenomics Committee: Tokenomics deals with understanding the supply and demand characteristics of a cryptocurrency. This Committee is established to determine the most efficacious ways and means for release of the SPADES token over time.SPADES, as an “asset” on the TRON protocol does not require the mining of SPADES for transactions, therefore SPADES will be released in other means, at present through the controlled grant releases to charitable partners, through a soon-to-be released community participation program, and lastly through exchanges that SPADES become listed upon. Visit our Tokenomics page here.

Audit Committee: Our Audit Committee reviews all the spending and costs associated with the maintenance and growth of the project. The Committee Chair makes a monthly report to the Board at a joint Directors and Advisors meeting. Spending is analyzed, projected future costs for the project are determined, and a budget is then provided by the Audit Committee to the Board for approval.

Charitable Committee: Our Charitable Committee reviews organizations that have been nominated by SPADES Community Members for support. To nominate, or debate about a particular nominee, please join our Charitable Support Group on the site. As programs are launched with certified (by us) charitable partners, this Committee will be responsible for assigning representatives to interact with those programs and to meet weekly with the Board to provide reports on program results.

Technology Committee: This Committee suggests new technology, and when approved, is responsible for overseeing the addition of new technologies to be utilized by the project. This includes things such as the SPADES Wallet, APPS for integrating with businesses that want to accept the SPADES Token, and additional functionalities for the back-end community of this site.

Special Projects Committee: This Committee looks into a variety of things requested by the Board that are not specific to another Committee. They analyze current and projected future needs of the organization, remit reports to the Board or to an appropriate Committee, and provide resolution processes when there is disagreement.