Governance dilemmas of encryption project foundations: the industry may shift towards a corporate model

NonFungibleDegen · 2025-06-24T13:54:07+00:00

Recently, the cryptocurrency industry has intensified its questioning of the foundation governance model, with several well-known project foundations exposing governance issues, leading to weak token performance. Some projects are considering dismantling the foundation structure and shifting to a corporate governance model to respond to regulatory changes and industry challenges.

NonFungibleDegen

2025-06-24 13:54:07

Abstract generation in progress

Recently, the cryptocurrency industry’s doubts about the foundation’s governance model have continued to heat up. An article sparked heated discussions, pointing out that a number of well-known project foundations exposed governance problems: a trading platform foundation misappropriated tokens without DAO approval, Kujira Foundation’s leveraged operation led to liquidation, and the Ethereum Foundation was criticized for selling ETH at a high level. At the same time, early projects such as Tezos and Cardano were affected by power struggles within the Foundation. The data shows that the tokens of most foundation-led projects have been weak in the past three months and a year. According to industry insiders, some projects are considering abolishing the foundation structure and shifting to a corporate governance model. With the changing regulatory environment and the rapid development of the industry, the traditional foundation model is facing severe challenges.

ETH-1,01%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

22 Likes