The founder of the Cardano blockchain platform believes that the main problem of the decentralized finance market (Defi) is its “closed economy”, in which the growth of one asset occurs due to the weakening of another.

Charles Hoskinson called the current model of tokenomics Defi and the market structure of the entire crypto industry conflict. Project developers need to stop “starting fights” and be ready to come to the market of large centralized companies, such as Apple and Google.

“In conditions of growing regulatory clarity in the United States, large corporations can reach Web3 market in the near future. They will begin the integration of blockchain solutions immediately after the approval of legislative norms on stablecoins. Cryptor needs cooperation to compete on equal terms with Microsoft, Amazon, Google, Apple. ”

Hoskinson believes that it is time to create a flexible infrastructure that technological giants who come to the market can use and develop mutually beneficial ties between different blockchain networks. In this case, the industry will have a chance to remain in demand for any users.

Earlier, Charles Hoskinson criticized
Memecoirs, comparing them with the fleeting glory of celebrities. The entrepreneur said that memeen tokens are created exclusively for selected user groups so that they can earn money.