TechFlow News — Modular blockchain network Celestia has announced the launch of the Celestia Foundation, aimed at supporting research and development of scalable decentralized systems and secure light nodes, funding open-source public goods for the ecosystem, promoting open-core development, and supporting infrastructure and application development.
The Foundation will be governed by an initial board of four members: Dr. Mustafa Al-Bassam, Co-Founder of Celestia and CEO of Celestia Labs; cryptocurrency entrepreneur Batuhan; Ismail Khoffi, Co-Founder of Celestia and CTO of Celestia Labs; and Reinhold Wohlwend, Owner and Managing Director of Revalier.




