Charles Hoskinson, the founder of Cardano, has raised concerns about the governance model of the Cardano Foundation.

He pointed out that its non-membership-based structure undermines community oversight, sparking ongoing tensions between him and the organization.

Hoskinson Reveals Key Issue With the Cardano Foundation

On December 28, Hoskinson criticized the Cardano Foundation’s current framework, arguing that it fails to adequately involve the community.

So, he proposed transitioning to a membership-based organization (MBO), which would grant users greater influence over governance decisions. Hoskinson believes this shift could resolve key challenges within the ecosystem, including better advocacy for developers, improved liquidity, and more robust exchange listings.

“The organization should be an MBO. It would solve so many issues that people have been complaining about for years from who does the social coordination stuff, who is an advocate for the builders, who helps with liquidity and listings, and also practical concerns like oversight of payments and being a binding entity for development contracts,” Hoskinson stated.

Earlier this month, Hoskinson called for the Cardano Foundation to relocate to a jurisdiction that allows community members to elect its board. He criticized the current governance model, which grants the Swiss government authority to appoint board members, effectively sidelining the Cardano community.

These remarks align with his broader frustration over the foundation’s approach to resource management. He sugge

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Author: Oluwapelumi Adejumo