Cardano creator Charles Hoskinson is addressing the fear, uncertainty, and doubt (FUD) surrounding the fifth-largest cryptocurrency by market cap amid its meteoric rise.
In a new Periscope stream, Hoskinson blasts naysayers for spreading rumors that Cardano is a ghost chain or a platform without a use case.
“Despite the fact that we don’t have full programming ability at the base layer, already applications like shoe authentication on New Balance and cattle authentication with BeefChain are using the metadata features of Cardano. Yet they say, ‘What are the DApps running on Cardano?’…
As if smart contracts come and there will be no demand. We’re overwhelmingly subscribed. At the moment, our company has no more capacity to service deal flow that comes in for Cardano. People come to me, unless it’s a super high-value deal, and some have, we jump them up the queue, we say ‘No’ and turn them down.”