Cardano Founder Urges Relocation For Inclusive Governance

According to PANews, Charles Hoskinson, the founder of Cardano, has called for the Cardano Foundation to relocate to a jurisdiction that allows users to elect board members. On December 18, he raised this issue on social media platform X, urging the Cardano community to question the foundation about its board structure and decision-making processes. Hoskinson expressed concerns over the current arrangement where the Swiss government appoints board members without community input. He encouraged the community to inquire about past decisions made by the foundation and its relationship with Intersect. Hoskinson criticized the foundation's decision to remain in Switzerland instead of moving to regions like Abu Dhabi or Wyoming, which support more inclusive governance models. He believes such a move would enable the community to collaborate with the foundation in establishing a new structure that promotes transparency and member participation. The Cardano Foundation, established in 2016, operates under Swiss law, which does not permit community-based board elections. As Hoskinson made these remarks, the organization continues to face criticism over governance issues, internal conflicts, and the marginalization of key donors.