KB Topic Cardano Foundation

The Cardano Foundation is one of the organizations behind the Cardano ADA cryptocurrency.

Its main mission is to drive adoption of Cardano, shape lesgislation and commercial standards around ADA, expand the global Cardano community, ensure stakeholder accountability and facilitate partnerships that promote the adoption of Cardano technology.

According to the official Cardano Foundation website: "There are three organisations that are contributing to the development of Cardano. As one of these three entities, Cardano Foundation is an independent body based in Switzerland with core responsibilities to help oversee and supervise the development of Cardano and its ecosystem. We are committed to protecting and promoting Cardano and to advocating on behalf of the users and community of the protocol. We will work alongside Input Output HK (IOHK) who are contracted to design and build Cardano and Emurgo, the for-profit arm working to boost the Cardano ecosystem through commercial ventures. The three entities are wholly separate in ownership and leadership."

Based on Cryptocurrency Knowledge Base Topic cardano foundation
Civil War Breaks Out In Cardano Foundation, Top ADA Coin Leaders Split
Most crypto projects have a foundation behind them. Cardano is no different Cardano Foundation is run by Michael Parsons but he seems to have run into some trouble. In an open letter, Charles Hoskinson, founder of Input-Output Hong Kong (IOHK), and Ken Kodama, CEO of Emurgo, called for the Foundation to voluntarily subject itself to the Swiss authorities and demanded that its chairman, Michael Parsons, resign. Notably, the nonprofit Cardano Foundation is one of the three independent bodies which have responsibility for the development and programming of the Cardano Ecosystem. The other two are IOHK and Emurgo. In the same open letter, Hoskinson and Kodama outlined plans to expand the scope of their organizations to fill in the gaps in order to fill the Foundation's role.

Cardano Foundation, A Powerhouse Moving Into 2019 - Charles Hoskinson
Cardano Foundation, Emurgo, and IOHK, led by Charles Hoskinson, are three separate entities that collaborate together to grow, develop and manage Cardano (ADA). Leadership issues that previously plagued The Cardano Foundation, have been resolved, partly thanks to the exit of ex-chairman, Michael Parsons.  Cardano's newest wave of updates continues to move the project forward as three new Foundation Council members are elected.   Alright one more before I go for a bit https://t.co/uqgwySdRYf the Cardano Foundation is going to be a powerhouse moving into 2019 Charles Hoskinson (@IOHK_Charles) December 14, 2018

Cardano Awakens: Heavy-Hitting Updates and Foundation Restructuring
Charles Hoskinson describes Cardanos 1.4 as the most significant update to the Cardano ecosystem to date, with the update featuring a host of high-caliber performance and functionality upgrades to the software. In addition to the update, IOHK has made rapid progress in other areas of the organization, including a restructuring of the Cardano Foundation following the resignation of chairman Michael Parsons. Cardano 1.4 is an enormous overhaul of Cardano. The update signals the completion of Cardano's Byron phase of development, and based on comments from Charles Hoskinson (the CEO of the organization responsible for developing Cardano, IOHK) the update could indicate that Cardano is coming out of its software-developer-induced isolationism.

Aggregated news and features about cardano foundation Titles, images and descriptions not entered by Crypto.BI are Copyright(C) their original authors, all rights reserved.