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Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), shared his vision for Cardano’s evolution in a recent livestream, focusing on decentralization and governance as key priorities for 2025.
Looking ahead to 2025, he highlighted the key milestones and challenges Cardano must overcome to achieve true decentralization and solidify its position in the global crypto ecosystem. The emphasis of his address was on decentralized governance, participation, and the importance of global collaboration.
A major focus of Hoskinson’s plans is Cardano’s governance structure. He pointed to the completion of the Constitutional Convention as a pivotal moment in the network’s journey. The event, which involved participants from over 50 countries, led to the creation of a draft constitution approved by a majority of delegates.
This constitution, Hoskinson emphasized, would serve as the foundation for Cardano’s future governance. The transition to a fully decentralized system is key to Cardano’s long-term vision. Hoskinson expressed his belief that the community should be in control, with governance powered by members-based institutions and on-chain processes.
In addition to governance, Hoskinson outlined three major priorities for the Cardano network in 2025. The first is the on-chain ratification of the constitution. Once the community fully ratifies it, it will become an integral part of the network’s governance structure. The second goal is the introduction of an annual budgeting process, which would ensure more stability and efficiency in Cardano’s funding models. Finally, Hoskinson highlighted the need for the election of a permanent constitutional committee, which would replace the current interim body and give the community direct control over decision-making.
Beyond the technical and governance-related priorities, Hoskinson also touched on the importance of international collaboration and engagement. He acknowledged the significant influence of global crypto industry players and regulators, stressing that Cardano must actively work with them to ensure it remains a key player in the space. He proposed expanding Cardano’s global outreach, suggesting the network could host workshops in 100 countries by 2025, helping to foster collaboration and keep the ecosystem connected.
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