The Electra Foundation is a nonprofit organization started in early 2022. Its main goal is to support the Electra Protocol, an open-source and decentralized blockchain that anyone can join. Here’s how the foundation helps:
The Electra Foundation is a nonprofit organization started in early 2022. Its main goal is to support the Electra Protocol, an open-source and decentralized blockchain that anyone can join. Here’s how the foundation helps:
Screening and Research: It carefully evaluates potential partners.
Exchange Listings: It works to get XEP listed on cryptocurrency exchanges.
Building Partnerships: It signs agreements with other organizations.
Community Support: It funds projects and initiatives from the community.
Advancing Technology: It helps improve and develop the blockchain.
Education: It teaches people about blockchain technology and its benefits.
Digital Presence: It manages websites and related services.
Additional Support: It takes on other roles that help Electra Protocol grow and succeed.

Based in Tallinn, Estonia (Europe), the Electra Foundation oversees the launch and management of software, web services, and websites that support the Electra Protocol blockchain. This work is often necessary to meet the requirements set by platform providers or legal regulations. For instance, the foundation maintains code repositories—such as the Electra Protocol on GitHub—and handles the submission of wallets like the XEP Mobile Wallet and OmniXEP Mobile Wallet to smartphone app stores.