Charles Hoskinson, founder of Cardano, has proposed relocating the majority of the project's community discussions from X (formerly Twitter) to Discord. The initiative, outlined in collaboration with EMURGO CEO Phillip Pon, aims to create well-moderated, focused channels for governance and development talks, free from the drama and misinformation that Hoskinson says plagues X.
Hoskinson will continue using X for livestream broadcasts, but future AMA questions will be accepted only from dedicated Cardano and Midnight Discord servers. This shift follows a period of intense internal strife: a decentralized governance vote rejected a 7.8 million ADA treasury proposal for the Cardano 2026 Summit, leading to its cancellation. Meanwhile, projects like TapTools and JPG Store announced shutdowns, citing infrastructure costs and tough market conditions.
ADA’s price dipped sharply earlier in June after Hoskinson initially stepped back from X, but later recovered to $0.1704, up 5.9% in 24 hours. The Discord move is viewed as a bid to restore productive community engagement. Separately, regulatory observers note that ADA may satisfy the six-month regulated futures requirement for a potential spot ETF on August 9, 2026, following CME’s ADA futures launch on February 9, 2026.
The migration underscores a broader trend among blockchain projects seeking controlled, constructive environments for ecosystem collaboration.