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Cardano's founder warns of ecosystem failures amid treasury spending debate and tough market conditions.

Protocol Fundamentals
15 Jun 2026
TheNewsCrypto
View Source
Bearish
pluang ai news

Charles Hoskinson, founder of Cardano, addressed concerns about treasury spending and ecosystem support following the shutdown of several projects like TapTools. He warned that difficult market conditions are causing financial pressure on projects, predicting a wave of failures in the Cardano ecosystem. Hoskinson emphasized the need for more aggressive treasury funding to support development, citing past acquisitions that strengthened the ecosystem. The debate highlights governance challenges as the community hesitates to approve treasury spending, raising questions about Cardano's ability to respond effectively to market difficulties.

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