Cardano founder Charles Hoskinson announced the upcoming launch of a new governance organization for the ADA community. He denied rumors of his retirement or departure from the Cardano ecosystem, stating he is preparing a 'political party' to encourage community involvement. A specific launch date was not provided. The organization will function as a large Delegated Representative (DRep) within Cardano's on-chain governance system, focusing on ecosystem growth, treasury allocation, and long-term strategic decision-making.
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