CARDANO 
$0.723869Charles Hoskinson, the founder of the Cardano Treasury for ecosystem projects, announced that the stock market listing fee will not be paid for the island. Midnight and Snek, one of the most important projects in the ecosystem in the ecosystem, came to the agenda that the amount to be paid for the listing of the stock exchanges will be covered by the Treasury sources. Hoskinson’s statement against these allegations, Cardano community found a wide repercussion.
Description of the founder of Cardano
Charles Hoskinson clearly demonstrated the attitude of projects in the ecosystem that the stock market listing fees will not be paid from the Treasury Fund. Hoskinson stressed that all projects in the Cardano ecosystem should progress with its own budgets.
Charles Hoskinson said in a statement, “The island from the Cardano Treasury is given to the payment of stock market listing fees,” he said.
This statement was an important source of reference, especially within the framework of rumors about Midnight and Snek projects. Hoskinson’s words contain a clear message about how to manage resources in the ecosystem.
Ecosystem projects and financing policy
Recently, the issue of financing in the processes of exchanges for the projects related to ecosystem has been controversial. Projects such as Midnight and Snek are among the important initiatives on the Cardano network. However, it has been finalized that these projects will not receive support from the central treasury for the stock market listing fees.
The Treasury of Cardano has a budget managed by the community and where expenditures are carried out with a certain will. Charles Hoskinson said it is not possible to transfer Treasury assets directly to certain projects.
Emphasis on community and transparency
The Cardano community prioritizes the principles of transparency and equality in the use of Treasury funds. The financial support requested by the projects is implemented subject to the determined rules and community approval.
After Charles Hoskinson’s statements, community members drew attention to the importance of managing resources in a fair and transparent manner. Cardano Treasury fund is expected to be managed with the same approach in future projects.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
