To further improve the structure of SiBAN as an association and build a body that is more responsive to its members and community’s needs, the following structure has been adopted by the Executive Council on 17 July 2021:
- SiBAN Village Square: For registered members only, SiBAN Village Square is held every two months (bi-monthly). This is a compulsory meeting for every registered member of SiBAN. Each attendance entitles the member to 5 points. Members who earn more than half of the total points available in a 12-month period will be rewarded with a SiBAN Active Stakeholder Certificate. Members with SiBAN Active Stakeholder Certificates are entitled to extra benefits such as exclusive invitations to special events, special offers, discounts, or offers by SiBAN or SiBAN’s partner organizations and network. Registered members who fail to acquire a SiBAN Active Stakeholder Certificate in 12 months may have their membership suspended until further review by the Executive Council.
- SiBAN Market Square: Open to both members and nonmembers, SiBAN Market Square is any SiBAN program, other than SiBAN Village Square and SiBAN Exclusive Square, on various aspects of blockchain and cryptocurrency. It is free and open to both members and non-members. Members who attend and participate in SiBAN Market Square will earn 2 points. Members who earn more than half of the total points available in a 12-month period will be rewarded with a SiBAN Active Marketplace Stakeholder Recognition. Members with the highest number of Active Marketplace Stakeholder Recognition are entitled to extra benefits such as special invitations to events by SiBAN or SiBAN’s partner organizations and network.
- SiBAN Exclusive Square: This is a paid program. While members will pay a discounted fee with up to 50% discount, nonmembers will pay the full fee. SiBAN Exclusive Square will include capacity training and business support programs facilitated by invited resource persons. Members who register for and participate in SiBAN Exclusive Square will earn 3 points. Members who earn up to half of the total points available in a 12-month period will be rewarded with a SiBAN Exclusive Stakeholder Recognition. Members with Exclusive Stakeholder Recognitions are entitled to extra benefits such as special discounts on subsequent SiBAN Exclusive Square events.
With this new structure, SiBAN looks forward to a more robust engagement with its members and players in the general blockchain and cryptocurrency community.