4th gen crypto needs collaborative tokenomics against tech giants — Hoskinson
Charles Hoskinson emphasizes the need for cryptocurrency projects to adopt a cooperative approach to tokenomics to effectively compete with centralized technology giants entering the Web3 space. During Paris Blockchain Week 2025, he stated that the current crypto landscape operates on an adversarial market structure, where the growth of one project often comes at the expense of another, which is unsustainable in light of potential competition from trillion-dollar firms like Apple and Google. Hoskinson advocates for a collaborative market structure that would allow for a cooperative equilibrium. He highlighted the upcoming US regulations as a catalyst for big tech companies to enter the cryptocurrency space, posing a significant threat to the existing crypto ecosystem. To counter this, he suggested that crypto must build infrastructure that integrates with these giants while aligning incentives within blockchain networks. Cardano is already working on a new consensus protocol named 'Minotaur' that supports this vision.
Source 🔗