Just recently, ADA’s co-founder has added comments about the platforms plans that are already set in motion.
1st Trillion $ Economy – Cardano
Ex-part of the Ethereum project, currently working and co-founder of Cardano (ADA) – Charles Hoskinson, is quite known for sharing his vision and ambitious motives.
One example statement from his side would be when he twitter about Wall Street delivering trillions of dollars to the crypto-verse when it enters.
Continuing, Mr. Hoskinson believes and hopes to see Cardano be the first trillion dollar cryptocurrency. With the event it would clearly prove that it is a self-maintainable financial structure. Parallel with that, with ADA he wants shift while shaping differently how we think of the coins and use them. While many see ADA tokens just as a way to profit financially by selling, buying [trading], Charles Hoskinson mentioned that he has high hopes that users will find the opportunity to use the coins in real life.
“I would love to see Cardano as the first trillion dollar cryptocurrency and the reason being is that that would effectively mean that we have built a self-sustaining economy.”
After this, Hoskinson shifted to EMURGO, which is in charge of supporting, developing, as well as incubating various commercial ventures that wish to use ADA’s ecosystem. At this part, Hoskinson said that he hopes that the firms might become a thought-leader. This would allow them to offer services for both, the companies, as well as for smart contracts. Of course, a large part of their philosophy would be addressing and possibly solving the biggest and deepest issues regarding decentralization.
The team behind Cardano have been concentrating mostly in its technological improvement. Because of their market cap, Ethereum and Bitcoin are leading the show, but that will change according to the CEO.
“Why is anybody worthy of their positions in the market cap? Bitcoin is advertised as a payment system and a means of exchange, and then everybody who’s ever tried to use it for that, it’s been a miserable failure. They usually stop taking it, or they find ways to take cash, and through a creative structure like what Bitpay has done. Ethereum claims to be a world computer, but then CryptoKitties breaks it.”
The individual/group who want to be an adopter looks firstly at the team, philosophy and science running the network. That is why the founder added:
“The way the ecosystem goes about doing its business is what makes it earn the current positive reputation of becoming the market leader and contender.”