Charles Hoskinson Introduces New Initiative to Use in Cardano (ADA)!

Preparing for the grand opening of his own restaurant, which he announced in July, Charles Hoskinson is paying for his business. cryptocurrency stated that he would accept the units. of Cardano It will also be added that it will be a priority choice.

Cardano Is Used in Real Businesses

Charles Hoskinson announced to his followers with a video that he would open a restaurant in Wheatland, the city where he lived, in his tweet on June 22.

This job choice made some followers wonder, as restaurant management and cryptocurrency development are industries that don’t overlap very often.

yes

— Charles Hoskinson (@IOHK_Charles) October 30, 2022

However, the main reason behind the opening of the restaurant was the lack of good options in the town near Hoskinson’s farm. During the announcement, Hoskinson confirmed that his restaurant will be cryptocurrency friendly, and he recently made the same claim again.

Some users have suggested that Hoskinson consider alternative Cardano-based payment options, such as the DJED stablecoin, which has come to the fore in Cardano pro-Cardano rhetoric. By implementing the stablecoin in the business, the Cardano co-founder can deliver a real-world use case for the asset soon after full launch.

Over the past year Cardano’s ecosystem has grown exponentially in the number of new solutions and use cases. The network is fully ready for the implementation of NFTs.

However, in terms of price, the ADA token does not seem to give what is expected. In terms of market value, ADA has fallen behind Dogecoin, which has recently rallied.

*Not investment advice.