26 June 2025 - Intersect June Meeting

Board Seat	In attendance
1 IOG - Gerard Moroney	Yes
2 EMURGO - Nikhil Joshi	Yes
3 Academia - Professor Steven Lupien	Yes
4 Membership - Kavinda Kariyapperuma	Yes
5 Membership - Adam Rusch	Yes
Interim Executive Director - Jack Briggs	Yes
Intersect Executive Team - Nick Cook	Yes
Observers and special guests Lloyd Duhon Shunsuke Murasaki Lorenzo Bruno Kristian Kowalsky Pedro Lucas	Yes

Intersect Board Meeting - June Date: June 26, 2025 Location: Virtual Chair: Professor Steven Lupien

Meeting summary

The board met to address governance, transparency, and community engagement priorities. Key topics included confirming officer roles for Wyoming filing, refining election rules ahead of the upcoming board vote, reviewing progress on the Executive Director search, and strengthening Intersect’s communications, reporting, and operational tooling. The meeting also included updates from core committees and further steps toward improving Intersect’s visibility and accessibility across the Cardano ecosystem.

1. Wyoming state filing roles

The board confirmed required roles for Intersect’s Wyoming filing:

• President: Prof Steven

• Secretary: Adam Rusch

While a registered agent will handle the filing, the board agreed to publicly list member names for transparency.

Jack Briggs and Nick Cook were tasked with consolidating delegation of authority documents and ensuring they align with roles rather than individuals to simplify ongoing maintenance.

2. Legal representation

The board discussed the renewal and confirmation of our Wyoming-based legal representation. A few options were recommended and will be explored further, with the goal of having a suitable point of contact familiar with state-specific requirements.

3. Board election process and safeguards

Following recommendations from the Intersect Steering Committee, the Board approved an expansion to seven members, including four elected community seats for the upcoming elections in the fall of 2025. To protect the integrity of the election, the board adopted the following:

• Voting eligibility requires a minimum of six months of continuous membership.

• Grace period: Members who lapse in dues may regain good standing and voting rights within six months of renewal.

• Verification options: Proof of life, KYC or DID alternatives may be considered in this cycle.

• Future changes: The board is exploring KYC/DID requirements for all member renewals starting in 2026.

The aim is to maintain an open and inclusive election while reducing the risk of manipulation or short-term membership stacking.

4. Communications update: Copper delegation

The board reviewed a revised communication on the Copper delegation issue. It was agreed that this is an operational update rather than a governance matter and should be published as a statement from Intersect.

The statement will be shared with Copper prior to release as a courtesy, with final publication expected by the end of the week.

5. Budget process and progress

Jack Briggs provided an update on the budget implementation process, including governance actions, contract execution, and timelines for work to begin across the 39 funded proposals.

The board reiterated the importance of clear reporting and visibility into project status, contracts, and payments moving forward.

6. Content, storytelling & outreach

The board discussed the importance of clearer, more engaging content to highlight Intersect’s work and impact.

Ideas included:

• A visual explainer on fund flows and contract structures

• A potential YouTube segment where Pi Landingham is interviewed by key community members about Intersect’s contract process

• A renewed emphasis on sharing contributions from all involved parties, including IOG, MLABS, TxPipe, and others

Support was expressed for moving ahead with this collaboration, and outreach planning is now underway.

7. Vendor dashboards and transparency

Nick Cook introduced the Sundae Labs dashboard, which vendors and the oversight committee will use to manage reporting, budgets, and milestones. This data feeds into a public dashboard (developed by Xerberus) to increase transparency.

The board emphasized the importance of including milestone evidence, snapshot status, and clear reporting. A draft framework for vendor reporting will be reviewed at an upcoming meeting.

8. ISC Committee updates

Members of the Intersect Steering Committee were invited to share updates to the board, with Kristian Kowalsky (Budget) and Pedro Lucas (Open Source) joining.

Budget committee:

• Chairs have been elected

• A retrospective is underway on the recent process

• The committee is working on governance updates with a goal to have the 2026–27 budget cycle begin earlier

• A proposal was raised to consolidate the tax and audit working groups and discontinue the treasury working group

Open source committee:

• A new co-chair with technical background has been elected

• The OSC is working on a maintainer retainer program and engaging a new cohort of developer advocates

• The committee is also clarifying its oversight role over approved proposals

• Clear contribution guidelines are a top priority, particularly in contrast to past gaps in other tooling efforts

9. Executive director search

Adam Rusch shared a brief update on the ED recruitment process. The plan includes:

• A public nomination process

• DRep and member voting to develop a shortlist

• A final selection committee to recommend candidates for board approval

The timeline is aligned with Rare Evo and the seating of the new Constitutional Committee.

10. Next meeting

The next board meeting (special session) will be held in two weeks, around July 10. Asynchronous updates and decisions will continue to be handled via Slack, with flexibility for additional special sessions as needed.

Action items

• A short overview of the current communications campaign will be developed and shared for board review.

• A draft vendor reporting framework will be brought to the board to ensure appropriate visibility and alignment across proposals.

• Outreach efforts will continue around the potential YouTube collaboration to help explain Intersect’s contract process to a broader audience.

• The Executive Director recruitment process will move forward, including the preparation of public nomination materials and planning for the community voting phase.

• Asynchronous decisions and updates will be coordinated via Slack ahead of the next scheduled board meeting.