"Building Cardano with vision, not gifts: Charles Hoskinson sets the record straight on USDC integration and the true journey of ADAโs growth. ๐"
๐จ Charles Hoskinson Addresses Cardano Community Concerns ๐จ
In a recent statement, #Cardano founder Charles Hoskinson responded to community inquiries surrounding the integration of USDC. He clarified key points about the development of the network and the ADA token's initial distribution. ๐ก
โ No ADA Was Gifted to IOG: Hoskinson emphasized that the development company, Input Output Global (IOG), did not receive any ADA tokens for free. All funds were earned through Cardano's growth, not user contributions. ๐ฐ
โ Independent Growth: The initial ADA value in 2015 was around $8 million, highlighting Cardano's focus on self-sustained growth.
โ Cardano Foundationโs Role: While the Cardano Foundation did receive ADA as a donation, it is committed to using these funds for the continued development of the Cardano ecosystem. ๐ฑ
Hoskinson reassures the community that Cardanoโs development has always been driven by strategic decisions, not external gifts. Stay informed and keep building the future with #Cardano! ๐
#ADA
