Charles Hoskinson, founder of Cardano, has voiced frustration over what he perceives as unfair media coverage of the blockchain network.
In response to the perceived bias, Hoskinson contemplates creating a not-for-profit media decentralized autonomous organization (). Hoskinson said this DAO would focus on ensuring fair reporting within the crypto industry.
a poll on X to gauge community support for using the Cardano Treasury to fund the DAO. Notably, 70% of the respondents favor the move, with expected to end by July 13.
Meanwhile, this is not the first time Hoskinson has addressed Cardano’s critics. The blockchain has faced scrutiny for not meeting expectations compared to peers like Ethereum and Solana and complaints over its ADA token price struggles
Earlier in the year, Forbes included Cardano in its “zombie chain” list, claiming the network’s value is primarily driven by Hoskinson’s popularity. Additionally, Cardano has seen limited adoption in decentralized finance (DeFi), with its DEX trading volume representing just 0.04% of the market.
Nevertheless, Cardano continues to highlight its technological advancements. The network is at the forefront of scaling research and development and has recently partnered with a province in Argentina to promote crypto adoption.
