Cardano is often considered a bit of a quiet cryptocurrency. Unlike its headline grabbing neighbours, Stellar, Litecoin and IOTA, Cardano often trucks along at its own pace, making significant movements yet remaining somewhat under the radar.
Of course, this isn’t to say that Cardano is a small cryptocurrency, Cardano is still ranked 8th for market capitalisation and is still a significant competitor in the race for the top altcoin. Overall, Cardano promises a great deal for the future and that’s what Charles Hoskinson, the CEO and co-founder of Cardano has spoken out about.
According to Ethereum World News, Hoskinson has discussed some future prospects for Cardano in the public forum, one notion involves Cardano becoming a part of a $1 trillion economy, backed by Wall Street. Of course, this won’t just benefit Cardano alone, it’s sure to benefit the entire cryptocurrency sphere overall.
Hoskinson has said:
“I would love to see Cardano as the first trillion dollar cryptocurrency and the reason being is that that would effectively mean that we have built a self-sustaining economy.”
See the full report for yourself, here.
Hoskinson passed a mention to EMURGO, as a part of a new project which will help to improve the ecosystem of Cardano ADA. According to Ethereum World News:
“Hoskinson said that he hopes that the firms might become a thought-leader. This would allow them to offer services for both, the companies, as well as for smart contracts. Of course, a large part of their philosophy would be addressing and possibly solving the biggest and deepest issues regarding decentralization.”
EMURGO will see ADA become a part of a number of new commercial ventures and projects, helping to grow the use value of ADA and in turn, the value of ADA. Perhaps it is this partnership that will inject ADA into the trillion dollar economy that Hoskinson is dreaming of?
For now, Cardano are continuing to improve the technology behind the project and are paying special attention to ensuring that the technology can be as useful and indeed as efficient as possible. By ironing out the creases before gunning for new changes and big developments, Cardano can ensure that any new ventures, projects and partnerships can be executed in the most efficient manner, a manner that will indeed see Cardano into a very prosperous future indeed.