Cardano founder Charles Hoskinson has clarified that the Genesis ADA funds are private earnings from early risks and foundational work, not community funds. Hoskinson addressed calls to use these funds for new integrations, emphasizing that current ecosystem projects should be supported by existing funding mechanisms.
He highlighted that early contributors to Cardano took significant risks with a high potential for failure, and their earnings were self-earned rather than derived from community allocations. Hoskinson urged the community to focus on adopting the proposed 2026 governance framework to support Cardano's next phase of growth.
Cardano Founder Clarifies Genesis ADA Funds as Private Earnings
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