CoinVoice recently learned that, according to Cryptoslate, Cardano founder Charles Hoskinson called for the Cardano Foundation to relocate to a jurisdiction that allows users to elect board members. He raised this issue in a post on social media platform X on December 18, while encouraging the Cardano community to ask the foundation about its board structure and decision-making processes.
The founder of Cardano expressed concerns about the current arrangements, namely the Swiss government's appointment of board members without community input. He also urged the community to inquire about individuals related to the foundation's past decisions and its relationship with Intersect. In light of this, Hoskinson criticized the foundation for staying in Switzerland instead of moving to regions like Abu Dhabi or Wyoming that support more inclusive governance models. According to Hoskinson, this move would enable the community to collaborate with the foundation to establish a new structure that promotes transparency and member participation.
The Cardano Foundation was established in 2016 and operates under Swiss law, which does not permit community-based board elections. Meanwhile, as Hoskinson made his latest remarks, the organization continues to face criticism for governance issues, internal conflicts, and the marginalization of major donors. [Original link]