Charles Hoskinson Moves to Calm Cardano Community Nerves Over ADA Treasury Plan 🛡️
Charles Hoskinson, founder of Cardano, addressed community concerns regarding the proposed ‘Sovereign Wealth Fund’. He reassured that this initiative wouldn't negatively impact ADA's price as feared by some. In a recent video, Hoskinson detailed funding strategies to alleviate speculation about a potential price drop.
The $100M treasury proposal aims to sustain growth and development in the Cardano ecosystem. The reassurance from Hoskinson seeks to instill confidence within the Cardano community, mitigating anxieties surrounding the fund's impact on ADA.
This statement showcased a proactive approach in addressing community concerns, highlighting transparency and trust within the network.
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