Cardano’s founder, Charles Hoskinson, suggested moving the Cardano Foundation from Switzerland to a location that allows community voting for board members. This move is expected to align governance with decentralization principles valued by the Cardano community.
The suggestion arose amidst community concerns over transparency and governance within the Cardano Foundation. The current Swiss structure prevents community member voting for board positions, raising questions about accountability and decentralization.
The regulatory environment varies across jurisdictions, potentially offering better conditions for decentralized autonomous organizations (DAOs) than Switzerland. This shift could encourage greater community engagement in Cardano’s governance and decision-making.