Cardano's founder spills the beans: $ADA ecosystem is in for a rough ride in the second half of the year
Cardano founder Charles Hoskinson stated in a video that the second half of this year will be very tough for Cardano, and we might see more DApps and DeFi projects go belly up, leading to a wave of consolidation.
He also addressed the claims that the drop in ADA's price is his fault: he doesn’t have the governance keys, can't initiate hard forks, can’t modify protocol parameters, can’t touch the treasury, and doesn’t even own the Cardano trademark.
This sounds less like soothing the market and more like a warning to the community: everything is about to wrap up #ADA
Cardano founder Charles Hoskinson stated in a video that the second half of this year will be very tough for Cardano, and we might see more DApps and DeFi projects go belly up, leading to a wave of consolidation.
He also addressed the claims that the drop in ADA's price is his fault: he doesn’t have the governance keys, can't initiate hard forks, can’t modify protocol parameters, can’t touch the treasury, and doesn’t even own the Cardano trademark.
This sounds less like soothing the market and more like a warning to the community: everything is about to wrap up #ADA