Charles Hoskinson, the creator of Cardano, recently spoke to the community about the display of projects within the Cardano ecosystem. In a live broadcast from Colorado, he emphasized the need to clarify the purpose of these engagements and announced a temporary halt to such showcases.
Cardano’s dedication to development was reiterated by Charles Hoskinson during the live broadcast. He highlighted the platform’s involvement with various projects, including World Mobile, Axo, and Sunday Swap, some of which have received investments from the Cardano Foundation’s fund.
Hoskinson clarified that recent efforts to engage with projects through platforms like Twitter Spaces were intended to showcase the diversity of developments within the Cardano blockchain. He stressed that these engagements were not endorsements but rather opportunities to highlight innovative initiatives.
Addressing community concerns, Hoskinson acknowledged the raised issues. Cardano has faced criticism for being seen as a ‘ghost chain’ with few active projects. There were also concerns about potential misinterpretations of these engagements as complete endorsements of the showcased projects, including their economic models and founders’ behavior.
Hoskinson tackled these concerns by emphasizing Cardano’s role and responsibilities. He made it clear that Cardano is not an investigative agency and does not conduct audits of the showcased projects or evaluate their governance structures. However, he acknowledged concerns regarding the conduct of founders and other aspects of projects, leading him to take action.
In response to recent issues surrounding a scheduled Twitter Space involving a Cardano project, Hoskinson announced a temporary suspension of such showcases. He expressed the need for more rigorous processes to ensure an open and unbiased representation of projects within the ecosystem.
The temporary suspension will allow for a reassessment of the showcasing process and the implementation of higher production quality formats. Hoskinson stressed the importance of baseline evaluations to provide a more transparent and informed perspective on showcased projects.
Looking ahead, Charles Hoskinson plans to introduce open showcases where community members can directly interact with project teams. These showcases will offer a platform for community members to question project teams and address any concerns they may have.
Hoskinson’s commitment to transparency and accountability underscores Cardano’s dedication to fostering a thriving and responsible ecosystem. By temporarily suspending showcases and implementing improvements, Cardano aims to enhance the quality and reliability of its engagements with projects.
