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Cardano Founder Says He Never Promised ADA Gains or Bitcoin Outperformance

Charles Hoskinson also said he had fulfilled his commitments to Cardano and that the network operates independently.

By Sonny Jang
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An anonymous speaker faces a laptop and microphone in a dim room / TokenPost.ai
An anonymous speaker faces a laptop and microphone in a dim room / TokenPost.ai

Cardano founder Charles Hoskinson said he never promised Cardano (ADA) would rise or surpass Bitcoin (BTC), addressing investor concerns about the token’s price expectations in a YouTube AMA.

Hoskinson also said he had fulfilled his commitments to the project and that Cardano now operates independently.

In a Nov. 7 online Q&A, Hoskinson said ADA had no value when he received it because Cardano had not launched and had no ecosystem. He discussed that earlier view in his account of ADA’s prelaunch value.

Sonny Jang

Reporter

Sonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.

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