A Cardano (ADA) enthusiast asked the Cardano team to adopt a better marketing strategy just like Solana but the Cardano founder explained how Cardano is different from Solana from the perspective of decentralisation.
On 26 Jan 2024, A Crypto enthusiast asked Cardano to look at the Solana (Sol) crypto project’s marketing strategy & suggested to follow better promotion stretagy for Cardano.
Charles Hoskinson, the co-founder of Cardano, responded to this criticism and said that promotional stunts for Cardano are totally a wrong approach for Cardano because Cardano is different from Solana.
Hoskinson explained that the Cardano project is highly decentralised & all the decisions for the Cardano always remain dependent on the community vote, approval for the plan, funding, & then execution.
In short, the Cardano founder stressed that the Cardano project’s development is based upon the actual need & community support, instead of individual decisions.
Furthermore, Hoskinson dragged attention toward CIP-1694 and said that Cardano community members can debate & vote to approve.
Another ADA enthusiast shared his disappointment with the Cardano team and said that Hoskinson & Cardano developer firm IOG playing hide & seek game with us because they can boost the use of the Cardano network via bringing USDC stablecoin on the Cardano network easily with only a $10 million investment, which is a very small amount of money for them, but they’re ignoring it.
@Cardano_CF and @IOHK_Charles playing hide and seek as soon if we talk about a 10 million $(not even peanuts for them,they wouldnt even notice) investment to bring us USDC to the chain,and we need it so urgently so i would say no
— Alf – Vault #119
(@alf47985561) January 26, 2024
(@alf47985561)
It is worth it to note that crypto traders can access multiple crypto assets on Solana & other crypto networks but sadly a limited number of crypto assets are available on the Cardano network and this is a very big negative point for Cardano’s adoption & use among the crypto traders.
Read also: Here are 3 big Bitcoin bull 2024 supportive factors
Cardano (ADA) founder hits back against criticism over bad marketing strategy
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