CEO-ul Galaxy Digital, Mike Novogratz, said a discussion with 20 of the smartest people he knows showed none speaking highly of Cardano regarding “traction with devs.”
Neadevarat. Am vorbit cu douăzeci dintre cei mai deștepți oameni pe care îi cunosc în spațiu și niciunul dintre ei l-a văzut pe cardano având tracțiune cu dezvoltatorii.
- Mike Novogratz (@novogratz) August 15, 2021
In response, Input-Output Global (IOG) CEO Charles Hoskinson brushed aside the comment, saying bankers said similar things about cryptocurrency as a whole.
Hoskinson also fired back by declaring August 15 “Mike check-in day,” on which we revisit his original comment and presumably confirm how wrong he was.
Aici pot rezolva această afirmație pentru tine Mike: „Am vorbit cu douăzeci dintre cei mai inteligenți bancheri pe care îi cunosc în spațiu și zero dintre ei au văzut criptomonedele având vreo tracțiune” 🙂 am auzit cu toții că unul
Let’s come back to his tweet every year. We’ll call August 15th, Mike check-in day.”
With IOG declaring a definitive date for Alonzo Purple, the final phase of the smart contract rollout, Novogratz may well be eating his words sooner than you think.
Novogratz mocks Cardano
The entire incident started innocently enough when Andrew Steinwold, Managing Partner la Sfermion, an investment fund that specializes in NFTs, asked about Cardano and whether devs are building on it.
Why is Cardano the 3rd largest cryptocurrency?? Is there stuff built on Cardano that people are using? (Honest question, I know next to nothing about Cardano).”
Novogratz answered by saying its popularity is a mystery to him. Implying, its status as the third-largest cryptocurrency is unjustified.
Currently, Binance Coin is the third-largest cryptocurrency by market cap, with Cardano less than $500 million behind.
In any case, Novogratz’s comment drew a wave of criticism, with many respondents saying he had not done his research. In turn, Novogratz then cited anecdotal evidence of having spoken with 20 of the smartest people he knows. None of whom confirmed developer interest in Cardano.
Catalyst Fund5
The fifth round of Catalizator funding ended on July 19 and featured 267 different projects competing for $2 million of funding to build on Cardano.
Catalizator de proiecte refers to a public funding system to drive community innovation on the Cardano blockchain. It works by ADA holders voting on protocols that they wish to see developed.
Funding is provided by “taxing” staking rewards, and the funding pool has grown from an initial $250k at Fund2 (the first “real” funding round, with a technical run-through, and 1 a dress rehearsal), to $2 million in the fifth iteration.
As such, regardless of Novogratz’s anecdotal evidence, it’s clear that devs are building on Cardano. During the mid-month August update, YOG confirmed that Alonzo Purple will ship on September 12.
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Source: https://cryptoslate.com/novogratz-cardano-has-no-traction-with-devs-hoskinson-fires-back/
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