On April 9, according to Cointelegraph, Cardano founder Charles Hoskinson said that the next generation of cryptocurrency projects needs to adopt a more collaborative strategy to counter the large centralized technology companies that are entering the Web3 space. At the Paris Blockchain Week 2025, he pointed out that the cryptocurrency and DeFi fields are often limited by the "circular economy", that is, the rise of one cryptocurrency is often at the expense of the outflow of funds from another token, which hinders the growth of the entire industry. To effectively cope with the competition from centralized tech giants in the Web3 space, cryptocurrency projects need to build a more collaborative token economics and market structure.
Hoskinson said that the current cryptocurrency field token economics and market structure are opposing each other, and it is necessary to shift to a cooperative equilibrium. Existing projects often seek development at the expense of others, which is not conducive to the progress of the industry, and it is difficult to prevent giants such as Apple and Google from entering the future. He expects the US Market Structure Act to be passed before September, when giants will pour in, and the cryptocurrency field will need to build infrastructure to deal with it. To this end, Cardano is developing a multi-resource consensus protocol, Minotaur, to pay block rewards uniformly.
Cardano Founder: Next-generation crypto projects need to build more collaborative token economics and market structures
2025-04-09 10:38:22
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