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The president of Cardano (ADA) under pressure on Twitter

Aborisade G. by Aborisade G.
September 23, 2018
in Altcoin News, Cardano

Today, Michael Parsons, President of the Cardano Foundation (ADA), is currently under criticism attack on Twitter for his lackluster show of commitment to the project and the slow progress in the development of the Cardano ecosystem.

There are a number of tweets on Twitter about the slow growth of the Blockchain project. Rick McCracken also commented “many people, including himself, in the Cardano (ADA) Community are fed up with the lack of progress in the Cardano (ADA) Ecosystem and believes the foundation chairman, Mr. Parsons, should resign.”

How pivotal is the role of the chairman- Parsons?  

Is Parsons’ role really important to Cardano’s future growth? Well, considering the mission of the Cardano (ADA) Foundation, Parsons part is important to the overall growth of the Blockchain project in the short term. The reason is that the Cardano Foundation objective is a Cardano community that promotes adoption and establishment of secure partnerships that enhance the value of the project. Furthermore, the Cardano Foundation aims to promote the digital currency and raise awareness of the Blockchain project.

Therefore, the role of the chairman in the foundation requires an open and versatile personality, a person who can make people more interested in the project, and to invest in it. The marketing aspect of the project is also important for the technical aspect. This is because the project can be technically perfect, but lacks proper awareness, thereby not attracting many investors.

However, the Foundation long-term perspective of the blockchain project is feasible regardless of the foundation effectiveness. This is due to the Cardano’s (ADA) development team archiving important roadmap milestones in building one of the most practical and versatile blockchains on the market.

Tags: ADAaltcoinsCardanoCryptoCryptocurrency
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