Core Team

What is Core Team?

The core team refers to the primary group of developers and founders responsible for the initial creation and ongoing maintenance of a blockchain project.

How does Core Team work?

1. The core team sets the technical roadmap and strategic vision for the project.
2. They manage the main code repositories and coordinate major protocol upgrades.
3. In early stages, the core team often holds "admin keys" for emergency fixes.
4. As a project matures, the core team typically transitions power to a DAO.
5. They often work for a non-profit foundation or a development company funded by the project's treasury.

Why does Core Team matter?

The reputation and technical skill of the core team are critical indicators of a project's potential. Users and investors look to the core team for leadership and stability, especially during the project's formative years.

Key features of Core Team

• Primary architects of the protocol
• Responsible for security and maintenance
• Manage the project's technical roadmap
• Often funded by a dedicated token allocation
• Interface between the project and the broader industry

Examples of Core Team

• Ethereum Foundation researchers who lead the transition to Proof of Stake.
• The developers at Uniswap Labs who built and maintain the Uniswap protocol.
• The founding team of a new Layer 1 blockchain that manages the initial mainnet launch.