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Thenewscrypto

08/31/2023

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Cardano Founder Charles Hoskinson Clarifies NFT Stance

Hoskinson doesn’t own any NFTs from Cardano ecosystem initiatives on a personal level.  The founder clarified that he values the NFT artwork he’s received. Cardano’s founder, Charles Hoskinson, recently...

Cardano Founder Charles Hoskinson Clarifies NFT Stance
  • Hoskinson doesn’t own any NFTs from Cardano ecosystem initiatives on a personal level. 
  • The founder clarified that he values the NFT artwork he’s received.

Cardano’s founder, Charles Hoskinson, recently released a video in which he elaborated on his position about his involvement with NFT initiatives inside the Cardano ecosystem. When asked about the Apes Society artwork prominently displayed in his Colorado office, Hoskinson said it was a gift and that he had not been paid for or endorsed by the organization.

He continued by saying that he doesn’t own any NFTs from Cardano ecosystem initiatives on a personal level. Hoskinson clarified that although he values the NFT artwork he’s received. He does not intend for his display of the work of any one project to be seen as a promotion of that project.

Unbiased Approach

Hoskinson emphasized that his decision to abstain from these NFT initiatives is motivated by a desire to maintain objectivity. Even though he has been offered several opportunities to obtain NFTs. The founder has stressed that he has never made his address public.  His lack of bias towards any one NFT project in the Cardano ecosystem eliminates any appearance of favoritism.

In addition, he spoke on the tribalism and close-knit communities that exist inside the Cardano NFT ecosystem. Hoskinson encouraged the NFT industry’s numerous stakeholders to meet and discuss their mutual requirements.

The founder recently said during an event that ADA will become the most valuable cryptocurrency in the world, surpassing both Bitcoin and Ethereum. According to CMC, the price of ADA is $0.2649 and is up 0.08% in the last 24 hours.

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Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.

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