Hoskinson said he lost more than $2.5 billion, sold assets and shut down projects, while arguing Cardano needs a mission beyond price action.
Charles Hoskinson, the founder of Cardano, said he is considering becoming a DRep (delegated representative in Cardano governance), as he outlined the financial strain he has faced. He said he has lost more than $2.5 billion, sold assets and shut down projects. Hoskinson also stressed that Cardano needs a clear purpose beyond token price performance, underscoring ongoing debates about governance and the network’s long-term direction.