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Charles Hoskinson Hints At Collaboration With Recognized Sneaker Firm

Author

Jonathan Gibson

Tags

Reading time

2 mins
Last update

Author

Jonathan Gibson

Tags

Category

News - Archive

Reading time

2 mins
Last update

Author

Jonathan Gibson

Tags

Reading time

2 mins
Last update


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Charles Hoskinson, the co-founder of Ethereum (ETH) and the CEO of IOHK, gave a talk at EMURGO’s Cardano Advisory Showcase. This was in order to celebrate the second year after releasing Cardano (ADA). He has also talked about the future of the digital currency and its ecosystem as a whole.

Charles Hoskinson Talks About Cardano

Cardano is one of the most popular cryptocurrencies in the market and its network is also moving forward. The Cardano ecosystem consists of three different branches, the Cardano Foundation, Emurgo and IOHK. Each of these agencies has its own role in the ecosystem and how it evolves.

For example, the Cardano Foundation focuses on community engagement and the expansion of the network in the community. Meanwhile, Emurgo promotes business development, while IOHK works by leading technological and structural development of the project.

At the same time, Charles Hoskinson has been working on many different countries with government officials in order to expand Cardano’s presence around the world and provide solutions to different issues. In the last four years, Mr. Hoskinson has been to 52 countries and talked with several government officials about blockchain technology and Cardano.

In the near future, Mr. Hoskinson is expected to travel to Georgia, Uganda, Israel, the United States, South Korea and Indonesia. He will be talking with local government executives about Cardano trying to build up the network.

Charles Hoskinson talked in Japan about a possible collaboration with a sneaker company. According to the San Francisco Tribe, one of the companies that could be collaborating with Cardano is Nike. They suggest that this could be the sneaker company looking for implementing different blockchain solutions to improve its presence in the market. Indeed, Nike has recently announced a blockchain initiative in April, a project that is called Cryptokicks and it could need help from other projects such as Cardano.

Until now, there is no official information about it and it might take time before there is an official announcement from Cardano or any of its branches.

At the time of writing this article, Cardano (ADA) is the 11th largest cryptocurrency in the market with a valuation of $2.25 billion. In the last 24 hours, the digital currency lost 6.53% of its value and it can be purchased for $0.0867 as reported by CoinMarketCap.

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