@NaVi_GaT0R@jrv97_velazquez The amount of energy, temperament, and dedication you have does not go unnoticed. It is incredibly difficult for an individual to maintain course when at ends with central figures in the same ecosystem.
The web3 BAU environment is hard enough, Cardano is lucky to have you. 🫡
@dori_coin@ADAFrog_Pool A VC makes 10 investments hoping that 1 will become valuable enough to cover them all. Diversifying from 1-2 funds is smart, especially if it means a greater % of treasury is tied to commercial activities vs pure tech development or funding sth that doesn’t have a clear need.
@ESCOweb3@vechainofficial@Cardano_CF A separate issue is market timing and when strategic directions meet large market demand.
(I.e. RWA, which is also supported by both CF and ecosystem participants). Supply chain is definitely a longterm view, but it’s not the only view.
@ESCOweb3@vechainofficial@Cardano_CF CF has never only supported one vertical, nor in isolation. You can see a growing list of third parties that are deploying enterprise solutions and it’s beyond supply chain.
Circle just raised $222m for Arc.
Canton's parent company, Digital Asset, is raising $300M right now.
a16z just raised $2.2B for their Fund V.
Haun raised $1B for their second fund.
Kraken's parent company, Payward, is raising at a $20B valuation.
Tether in talks to raise at $500B valuation.
Rain raised $250M at a $2B valuation.
Dozens of smaller raises have been announced as of late.
The best founders and deals I've seen lately have been reasonably valued with extremely good business models in their decks.
I'm starting to think crypto early-stage investing is back...
One element about AI is how this serves as both a cost-efficient synthetic resource and an engine for “human transformation.”
We all need to consider the next 9-18 months and how integral AI tooling provide a huge boost to productivity, output, and skill development.
Tough day for the people affected. Wishing them well.
Coinbase added over 1,000 employees last year alone. A 14% cut still leaves them with more headcount than 18 months ago. This is the third time through this cycle since 2022 and each time the company came back stronger.
The interesting question is whether the AI-native restructuring is actually a different playbook this time or just the same pattern with new framing. "One person teams" and "fleets of agents" sound like a real structural change but companies say that every time they cut and I get why.
We can't handle high traffic. That's why CF wants to market to low traffic but consistent transaction enterprise adoption. It's what we can handle. Anytime we brought in hype, it was brutally murdered by our current technical capabilities. We take a black eye every time. Cardano is not ready. We cannot reach sustainable revenue with the current capabilities. The network costs more than it makes. The tree cannot bear fruit if the trunk dies. We're too focused on short term prices and bad feelings to understand that we cannot win if we don't fix these problems. It doesn't matter what anyone thinks about prior spending. That's done. Gone. Over. We need to collectively stop trying to wag fingers and be right and start working. Price is down for everyone. Capabilities keep moving forward. If we want to win, we need to spend and complete the roadmap. The arguments against this are based on emotional pain and not assessment of our capacity and how to improve it until we can fill the bucket where transaction fees cover the rewards output. We cannot handle a huge influx of transactions with an acceptable user experience. We need to fix this. We *must* be ready for the next surge, or the treasury will be worth zero anyway.
I’ll still be involved with Cardano and this is by no means a goodbye post. For now I’m simply enjoying some much needed down time while contemplating on what happens next.
Cheers! 🥂
Dear Cardano fam,
I decided to leave the Cardano Foundation earlier last month. I’ve been involved with Cardano since 2017, and CF since before the Shelley HF.
It’s been an incredible journey and I’m forever grateful for each and every contribution I’ve been apart of.
I would like to end this thread by taking a moment to thank everyone I’ve worked/collaborated with or had meaningful discussions that influenced the direction of Cardano.
Hi Cardano Community,
There are lots of events happening in Hong Kong during @consensus_hk week. This time, SIDAN Lab is co-hosting an event with @Cardano_CF and @awscloud :
Cardano Venture Hub Presents: Web3 Founders Night.
In addition to Cardano project presentations, we’ve invited special guests to share their perspectives on Web3 startups and where the space is heading.
Can’t make it in person? No worries — we’ll be livestreaming the event on both the @Cardano and @sidan_lab X accounts.
Date/Time: Thursday, Feb 12
6:00–8:00 PM (UTC+8)
You’ll also be able to vote online for your favorite presentation — don’t miss it. See you there!
https://t.co/XEgpr5yHj9