Hoskinson: Hundreds of Projects Coming in Cardano (ADA)!

Cardano (ADA) founder Charles Hoskinson shared with his followers on Twitter that he expects hundreds of new projects to come to life in the ADA network after the Vasil update.

It was rumored that most projects in the ADA network were waiting for the Vasil update to continue development.

As a matter of fact, there was news that partially confirmed the expectations. One of the projects developed on the Cardano network NEWMannounced on Twitter that they are waiting for the completion of the Vasil update for smart contract deployments.

NEWM, music artists NFTs is developing a platform that allows it to obtain copyright on

Charles Hoskinson, on the other hand, quoting NEWM’s announcement, announced that he expects hundreds of new projects after the Vasil update.

In another tweet, Hoskinson reproached the crypto media for the news language used about the Vasil hardfork.

“I see passive aggression in some of the headlines, which amazes me. We are taking an important step for Cardano, testing with people and companies. But the headline sentence is that the update is 3 months late.”

What is Vasil Hard Fork?

Vasilis a long-awaited update to the Cardano network. With the Vasil hardfork, the overall stability, security and integration in the ADA network will be further strengthened.

With the update, on the network decentralized finance (DeFi), decentralized exchange (DEX) projects such as these will be able to come to life in a more advanced way.

The Vasil update officially launched on September 22, 2022.

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