ADA Holders Criticize Transfer of TOKEN2049 Responsibility From EMURGO to Cardano Foundation

The ADA community has reacted strongly after Intersect confirmed that responsibility for delivering Cardano's presence at TOKEN2049 Singapore will shift from EMURGO to the Cardano Foundation. The decision has sparked a governance debate across the Cardano ecosystem, with several community members arguing that the transfer bypasses the treasury governance process approved by Delegated Representatives (DReps).

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