PANews reported on April 9 that according to Cointelegraph, Cardano founder Charles Hoskinson said that the next generation of cryptocurrency projects need to adopt a more collaborative strategy to compete with large centralized technology companies that are entering the Web3 field. At the 2025 Paris Blockchain Week, he pointed out that the cryptocurrency and DeFi fields are often limited by the "circular economy", that is, the rise of one cryptocurrency is often at the expense of the outflow of funds from another token, which hinders the growth of the entire industry. In order to effectively respond to the competition from centralized technology giants in the Web3 field, cryptocurrency projects need to build a more collaborative token economics and market structure.
Hoskinson said that the current token economics and market structure in the cryptocurrency field are mutually contradictory and need to shift to a cooperative balance. Existing projects often sacrifice others for development, which is not conducive to the progress of the industry and will not stop giants such as Apple and Google from entering the market in the future. He expects that the US market structure bill may be passed before September, when giants will flood in and the cryptocurrency field must build infrastructure to cope with it. To this end, Cardano is developing a multi-resource consensus protocol Minotaur to unify the payment of block rewards.
