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Charles Hoskinson Reveals Cardano’s Robust Growth and Future Plans

Published 11/27/2023, 07:03 PM
Updated 11/27/2023, 07:15 PM
Charles Hoskinson Reveals Cardano’s Robust Growth and Future Plans
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  • Cardano founder Charles Hoskinson outlined recent developments and strides on the blockchain.
  • Hoskinson said Cardano aims to power true Web3 applications.
  • The founder said Cardano is still committed to investing in Africa, despite recent challenges.

In a recent AMA session, Charles Hoskinson, founder of the Cardano blockchain and reputed member of the cryptocurrency community, highlighted recent developments and strides on Cardano.

During the unexpected AMA on Sunday, Hoskinson reiterated that the Cardano blockchain is still on the right path. He added that recent developments have boosted applications and NFTs on the blockchain.

Furthermore, he noted that Cardano aims to support dozens of chains that work together to power “true Web3 applications.” He continued by saying that 2023 is the year governance on Cardano is built, while the full effects are expected to come into play in 2024.

In faraway Africa, Hoskinson said Cardano is still committed to fostering development on the continent. Notably, he mentioned that the company has invested millions of dollars in Africa to support pilot projects in Kenya and Ethiopia. He added that this has con…

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