"Cardano's Founder Calls Out Unfair Media Coverage: 'Pathetic' and 'Low-Quality' Reporting

Charles Hoskinson, the founder of Cardano, has had enough of the unfair media coverage of his blockchain network. In a recent post on X, he lashed out at the media's portrayal of Cardano as a failure, despite numerous positive developments in recent months.

Hoskinson pointed out that despite the network's advancements, including an upcoming hard fork, media outlets and crypto influencers continue to paint Cardano as a failure. He criticized this narrative, emphasizing the network's capabilities and potential to provide solutions to real-world issues.

"It's beyond pathetic and just reflects on the low quality and low effort they put into our ecosystem. Cardano is here to stay, and it's a juggernaut that will drag this industry kicking and screaming if it has to towards solving the real-world economic, political, and social issues we all face," Hoskinson said.

In response to the perceived bias, Hoskinson is considering creating a not-for-profit media decentralized autonomous organization (DAO) to ensure fair reporting within the crypto industry. He initiated a poll on X to gauge community support for using the Cardano Treasury to fund the DAO, with 70% of respondents favoring the move.

This isn't the first time Hoskinson has addressed Cardano's critics. The blockchain has faced scrutiny for not meeting expectations compared to peers like Ethereum and Solana, and complaints over its ADA token price struggles. Earlier this year, Forbes included Cardano in its "zombie chain" list, claiming the network's value is primarily driven by Hoskinson's popularity.

Despite the criticism, Cardano continues to highlight its technological advancements. The network is at the forefront of scaling research and development and has recently partnered with a province in Argentina to promote crypto adoption.

So, will Hoskinson's proposed DAO bring about a change in the way Cardano is covered in the media? Only time will tell. But one thing is certain: Cardano's founder is determined to set the record straight and ensure fair reporting in the crypto industry."

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