![]() ![]() The duo sold out their Bitcoin when the price took off in late 2017. With all their revenue coming in the form of Bitcoin (CCC: BTC-USD), IOHK saw huge returns as the coin soared in value,” Au-Yeung wrote in February 2018. “‘We put in a few hundred thousand dollars initially and started getting contracts to build cryptocurrencies,’ says Hoskinson. The plan was to build cryptocurrencies and blockchains for academic institutions, government agencies and private corporations. The Ethereum co-founder established the company in 2015 with Jeremy Wood, another former Ethereum colleague. In 2018, Forbes contributor Angel Au-Yeung wrote a short piece about Hoskinson’s startup, Input Output Hong Kong (IOHK for short). There’s a good chance he’s about to get even wealthier. In Hoskinson’s situation, the publication put his estimated wealth at $500 million at just 33. In February, BusinessCloud said Hoskinson was 18th on its Crypto Rich List, a group of primarily younger people who’ve struck it rich through cryptocurrencies. ![]() Of the five ahead of it, none have appreciated to the extent Cardano has in the past four months. There’s no question that founder Charles Hoskinson has done his best to make people understand that the world’s big enough to support both Cardano AND Ethereum (CCC: ETH-USD) and many other possibilities to come down the pipe in the years ahead.Īs I write this, Cardano has appreciated by 650% so far in 2021, putting it in the sixth spot (market capitalization) in the CoinDesk 20. In my first piece about ADA, I recommended Cardano for anyone interested in betting on a cryptocurrency that’s moving beyond a basic store-of-value. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |