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The Cardano founder explains why he is interested in acquiring the Coindesk media platform

The Cardano founder explains why he is interested in acquiring the Coindesk media platform

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Answer The Cardano founder explains why he is interested in acquiring the Coindesk media platform

In a recent live broadcast on The YouTubethe Cardano founder told that he is interested in acquiring the Coindesk media platform, which is the largest cryptocurrency news site.

Why Cardano Founder Is Interested In Purchasing Coindesk Media Platform:

As for why the Cardano founder was interested in buying Coindesk, he explained:

My interest in the media is broader…

I’d like to know how to access journalistic integrity again.

The Cardano founder has complained of being treated unfairly by the media in the past, claiming that some media outlets may have a particular agenda going.

Read:A partnership between “Binance” and “Malta Stock Exchange” to launch a new market for cryptocurrencies

The crypto mogul, who leads Cardano development company Cardano Input Output, has suggested converting several news articles into NFTs, making it possible for people to interact with them.

He says it would be really cool if each separate story could be viewed as a living organism.

Hoskinson heard through recent reports that Coindesk is either raising funds or trying to be acquired by someone, after Digital Currency Group, its parent company, was hit by the cryptocurrency crisis.

We previously noted that Genesis, a subsidiary of DCG, filed for bankruptcy after suspending user withdrawals in mid-November.

He told Hoskinson that the price of Coindesk will swing somewhere around $200 million.

DCG acquired Coindesk for approximately $500,000 in January 2016.

Read:Analysts expect major fluctuations in the crypto market after the return of the huge whale movement

The site was originally launched in 2013 when the cryptocurrency industry was still relatively young.

Will the Cardano founder be able to acquire Coindesk?

Read also:

Ripple or Cardano: Which one will reach $1 first?

The founder of Ethereum transfers $11.16 million worth of Ethereum (ETH) between wallets…what happens?


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