Charles Hoskinson Declines Web Summit Speaking Slot
The founder of Cardano, Charles Hoskinson, recently turned down an invitation to speak at a Web Summit event due to the increasing politicization of technology conferences. Hoskinson believes that these conferences should be focused on sharing ideas and innovation rather than making political statements.
In the past, Hoskinson had to spend a significant amount of time defending the crypto industry against accusations of criminality at such events. He believes that technology conferences should prioritize collaboration and not become platforms for judgment.
Instead of participating in the Web Summit, Hoskinson plans to host a five-hour Ask Me Anything (AMA) session, although he has not yet provided details about when this session will take place.
Cardano’s AXO DEX Launches Public Testnet
The AXO Decentralized Exchange (DEX) has recently launched its public testnet on the Cardano network. According to AXO, the testnet will gather data from widespread protocol use and may intentionally limit its protocol throughput to minimize data noise and observe unconventional trading patterns.
Based on the insights gathered from the testnet, AXO may introduce protocol updates that could range from subtle changes to brief downtimes or even necessitate a comprehensive network relaunch.
ADA Price
While the overall crypto market had a positive week, the price of Cardano’s ADA token remained relatively stable. According to BeInCrypto data, ADA rose by 3.3% over the last 24 hours, reaching approximately $0.25.
Holders of ADA are concerned about the lack of a more bullish movement. However, it is possible for an ADA price breakout to occur if there are more whale acquisitions and an increase in the network’s daily participation rate.
Hot Take: Charles Hoskinson Advocates for Technology Conferences Focused on Innovation
Charles Hoskinson, the founder of Cardano, has declined an invitation to speak at a Web Summit event due to concerns about the increasing politicization of technology conferences. He believes that these conferences should be platforms for sharing ideas and innovation rather than making political statements. Hoskinson highlights the importance of collaboration and emphasizes that technology events should not become arenas for judgment or require speakers to defend themselves against accusations of criminality. Instead, he plans to host an Ask Me Anything session to engage with the community directly. This decision reflects Hoskinson’s commitment to creating a positive and forward-thinking environment within the crypto industry.
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