Charles Hoskinson, founder of Cardano, has expressed disappointment that the blockchain project has not received the positive media recognition it deserves. He believes Cardano has strong fundamentals but is currently undervalued.
In my career, when cryptocurrency authorities and the media have compared #Cardano to real fundamentals, there has been such a profound disconnect between reality and public opinion.
According to Hoskinson, Cardano is a leader in research and development for scaling #blockchain technology. Cardano's large community of application developers has seen rapid growth.
In addition, Hoskinson is actively evaluating the development of several projects that he believes could be active catalysts for the growth of the Cardano ecosystem.
Cardano is awaiting a change to the hardfork, a major update that has been called the "most important" in the project's history. The update, scheduled for Q2 2024, is aimed at improving governance and community engagement.
In addition, Hoskinson said that new technologies, such as the Hydra scaling solution, have already been developed. Cardano has partnered with high-profile companies such as Midnight and Prism.
A lot of social events, [catalysts] and Argentina's constitutional convention," he added.
Upcoming events such as the Rare Evo blockchain convention and Cardano Foundation Summit are also expected to have a positive impact on the ecosystem.
'Cardano is here to stay and, if necessary, he will be the one to steer this industry to address the real economic, political and social challenges we all face,' he concluded.
Cardano has faced negative statements and criticism. His own #ADA token was named by Forbes magazine as one of the top "zombie tokens" - tokens with a high market value but no real return. 1
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