- Charles Hoskinson recently stirred drama by accepting an NFT art piece.
- The Cardano founder shared his policy on NFTs.
- Hoskinson added that he will never engage in business with NFT projects.
Cardano Founder Charles Hoskinson has a very contentious relationship with the NFT sector, often causing drama with his bold moves. Previously stirring a storm for using someone else’s NFT as his profile picture, the rowdy founder finds himself again in the limelight, this time for personally accepting an NFT art piece.
Given the NFT community’s reputation for blowing things out of proportion and hyping things up, Hoskinson quickly took to his social media forums to address his affiliation with NFT projects in the industry.
Charles Hoskinson Talks Personal Policy on NFTs
In a video update shared on August 30, Charles Hoskinson delved into his perspective on the Cardano NFT ecosystem, sharing insights into his policy regarding the sector. The post came after the founder accepted an NFT art piece from the Ape Society as a gift during Rare Evo 2023.
Clarifying his stance, Hoskinson emphasized that his acceptance of the NFT gift was not an endorsement. He further elaborated that he maintains a policy of refraining from personally holding NFTs or engaging in business with projects to uphold a neutral standpoint. Hoskinson added that despite receiving multiple offers, he never accepted compensation and will never do so.
The crypto pundit expressed his admiration for many projects within the Cardano NFT ecosystem, highlighting that his mention did not equate to an endorsement. Hoskinson conveyed his appreciation for Cardano NFT projects, adding that he loved all of them and wasn’t playing favorites.
On the Flipside
- Following Charles Hoskinson’s acceptance of the NFT art piece, the Ape Society’s average NFT price surged by 30%.
- Cardano NFTs recently outperformed Ethereum in NFT floor prices.
Why This Matters
Due to the nascency of NFTs, the sector is highly speculative and sensitive to news. Charles Hoskinson’s decision to clear the air may have helped him narrowly avoid a disaster.
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