Charles Hoskinson, the CEO of Input Out Global (IOG), has recently stated that people should focus more on the use cases of blockchain technology rather than being moved by the trends of price in the crypto market.
Hoskinson also reiterated the fact that Cardano is here to change the world and the best days of the top blockchain project are yet to come.
Read Also: Upcoming Cardano Vasil Hardfork is Looking Good, Says Charles Hoskinson
The last 24 hours have been brutal for cryptocurrencies in the market, including Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). The unfavorable market condition has sent the flagship crypto below $19,000.
In a series of tweets a few of hours ago, Hoskinson said Cardano and many other projects in the crypto industry have been building projects that solve problems, but they don’t reflect yet on the market.
He then stated that it’s necessary to always focus on the true purpose of the technology and the problems it solves rather than the positive and negative trends of prices.
The mathematician concluded by stating that Cardano is changing the world with the help of the people behind it, adding that the best days of the top proof-of-stake (PoS) blockchain are yet to come.
Charles Hoskinson tweeted, “A universal truth about crypto is that the markets are disconnected from reality. Cardano has never been stronger and frankly many other projects are also solid across the industry, yet you don’t see that reflected- just a sea of red. Macro factors always win out.
“The focus needs to always be the true purpose of the technology. The problems it solves. The people it helps. The previously impossible new experiences that are enabled. Cardano is changing the world thanks to all of you and our best days are ahead of us.”
Read Also: Charles Hoskinson Reacts to MicroStrategy CEO’s Opinion on Cardano (ADA) Security Status
The actual date of Vasil hardfork implementation has been confirmed after lots of postponements in the past three months. Charles Hoskinson confirmed this in a video update on the 2nd of September.
According to Hoskinson, the much-awaited Vasil hardfork combinator event will play out on the 22nd of September 2022.
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