Cardano founder Charles Hoskinson recently announced that a governance organization involving the ADA community will be launched soon. According to CryptoBasic, he denied rumors of retirement or departure from the Cardano ecosystem, stating, "We are preparing a political party, and it will be launched soon to give people an opportunity to participate." However, he did not specify a concrete launch date. This organization will operate as a large Delegated Representative (DRep) within Cardano's on-chain governance system, and is expected to coordinate ecosystem growth, treasury allocation, and long-term strategic decision-making.