Cardano Founder Evaluates Orbis and Ardana Collapse

cardano (ISLAND)founder Charles Hoskinsonvia live broadcast Ardanaand Orbisevaluated the collapse of their projects.

In the turbulent period of the cryptocurrency market, many projects failed to maintain continuity. Especially of FTX The collapse it created caused the bankruptcy of projects that suffered from liquidity and investor shortages. Also, crypto projects continue to resist the effects of the bear market. Among all these processes, cardanobased Ardanaand Orbis had stopped its services. Projects citing financing and market conditions could not survive. Many investors Ardanaand of Orbisyour downfall to Cardanotied up.

Cardano Founder Links Orbis and Ardana Collapse to Leadership Issue

cardanofounder Charles Hoskinson, responded to the criticism with a live broadcast on Twitter. Hoskinson, Orbisand Ardanatargeted its collapse.

Hoskinsonaddressed the criticisms circulating on social media after the two projects stopped their services. cardanoThe founder stated that the closure of the projects was not due to a lack of funding. to Hoskinsonby, Orbisand of ArdanaLeadership issues are behind the decision to cease operations.

Founder, cardanoecosystem venture fund to cFundmentioned. to Hoskinsonby, cFundhas previously invested in these projects.