🇯🇵 EMURGO recently supported a "Liquid Democracy" workshop in Tokyo hosted by @CardanoMiyatake. DReps and JP Cardano community members such as @yuta_cryptox, @KyosukeTakatuki, and CIVIV Committee member @taichiyokoyama_ discussed their views with regards to Cardano, the state of decentralized governance and its future, and strategies to continue expanding Cardano’s ecosystem.
🙌🏼 Last weekend, the #Cardano "Liquid Democracy" Tokyo workshop hosted by @CardanoMiyatake successfully concluded! This workshop emphasized the importance of delegation to the holders. This time, there was an active exchange of opinions on "the current state and future prospects of decentralized governance" and "expansion strategies and competition with other chains" with @yuta_cryptox, @KyosukeTakatuki, and the citizens' committee @taichiyokoyama_. Akyo commented, "Cardano has never experienced a halt or hacking incident, and its high security and stability are significant strengths." Yuta stated, "Cardano faces challenges in speed and cost compared to other chains, and the sustainability of SPO rewards is also a major issue. We should aim for an absolute position akin to 'digital gold' comparable to Bitcoin by solving these challenges with new technologies like Ouroboros Leios." Taichi mentioned, "In Silicon Valley, Cardano's recognition is low, making it difficult to expand the project and attract investment. Strengthening real-world use cases and marketing to draw in external funding and developers is essential for future growth." Furthermore, about half of the participants responded that they are "not delegating," which proves that such sessions to understand the roles and philosophies of delegation representatives are increasingly necessary. It was a valuable opportunity to hear directly from delegation representatives about their philosophies and real thoughts, and we aim to expand this initiative globally, creating more opportunities for communities to engage with the perspectives of delegation representatives! ✨
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