Speaking with Dan Gambardello on his Crypto Capital Venture channel, CEO and Founder of Cardano (ADA) Charles Hoskinson discussed various topics, including the cryptocurrency ecosystem, ADA scrutiny, Cardano expansion via recent technical breakthroughs, as well as goals for its scalability and governance. When it comes to onboarding new users, Hoskinson underlined the importance of timing regarding how quickly Cardano can implement the changes since holding ADA is not passive; users are involved in staking, delegating, voting, participating, and building the network. In comparison, he considers Cardano’s rivals are using empty words to already draw in users as opposed to taking their time with their roadmaps.
The Joe Rogan Effect
Furthermore, the ADA creator elaborated on the complications that would transpire if he were to speak with the popular podcaster Joe Rogan without having tools in place to capture a rush of new users. Hoskinson stated, “we’d have 11 million people” but wouldn’t have a “funnel to capture them, so you just missed your greatest marketing opportunity in the history of the project.” Nevertheless, according to the Cardano founder, its DeFi competitors will have to play catch in the future as they are prioritizing the number of users ahead of the efficiency of their protocols, he stated: Finally, he admitted the voting and democratic expectations placed on that group are immense. However, over time, he acknowledged these requirements diminish as obstacles are removed, and technology improves but emphasized the process would take time. Recommended guide: How to Buy Cardano? Watch the full interview: Charles Hoskinson discusses Cardano onboarding new users
