Charles Hoskinson Isn’t Leaving Cardano for Midnight

There have been uncertainties about Cardano founder Charles Hoskinson’s position in the community. 

Charles Hoskinson, who also serves as CEO of IOHK, took to X to address rumors about his possible departure from Cardano to join Midnight.

Charles Hoskinson Updates The Cardano Community

Following a series of discussions on X by The Cardano Times — a Cardano media and news company — Charles Hoskinson used the opportunity to address speculations about his position in the community.

OPINION: @IOHK_Charles using a clip of Congo and asking if he should take down his Ape Frame was uncalled for. Could have easily been verified they will continue to stay on Cardano before posting that for thousands to see.

Love or hate TAS, they partially represent the Cardano…

— The Cardano Times (@TheCardanoTimes) March 5, 2024

Replying to a question about whether he would join Midnight or adopt a multi-chain strategy, Charles boldly said, ‘The answer is no.’

He says the hundreds of IOG engineers and scientists working on Cardano daily confirm that.

Charles Hoskinson also weighed on his involvement with The Ape Society (TAS) after a user said; “Love or hate TAS, they partially represent the Cardano NFT space to those on the outside. This kind of infighting…just added so much unnecessary fuel to the fire that nobody wanted nor needed.”

To clarify the issue, Charles replied; “I want a publicly accountable yes or no. Is TAS leaving Cardano for another chain? Is TAS now going multichain?? This isn’t a slide into my DMs question. It’s one that ought to be publicly stated and known.”

Initially, the rumors intensified when Charles Hoskinson was expected to leave Cardano if he didn’t get funding through Project Catalyst — a fund for global innovation within the ADA ecosystem — nine months ago. 

Charles Hoskinson’s participation in Midnight has sparked speculation, but it has been explained as part of IOG’s broader vision for a robust and diverse blockchain environment. 

The Cardano founder has reiterated his commitment and vision for ADA, highlighting a future where Cardano flourishes alongside innovative ventures like Midnight.

All of this falls under IOG’s expanding blockchain ecosystem, showcasing Hoskinson’s leadership and dedication to advancing the crypto space.