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Mike Novogratz; There are better alternatives than Cordano

Şükriye Akdeniz

Aug 17, 2021

Mike Novogratz says he doesn't want to get on bad with the Cordano group, but there are still better alternatives

Recently, Cardano developer Hoskinson accused the former Goldman Sachs executive of collaborating with bankers, and there was an argument between the two. In June, Novogratz described Cardano as a "strange cult" and received backlash from the community. Now, Mike Novogratz, who wants to resolve his problems with the Cordano community, said that he will still not accept the project. While Novogratz said he doesn't want to get on bad with the Cardano community, he didn't stop saying there are better alternatives. The billionaire chose Terra (LUNA) and Solana (SOL) as layer 1 blockchains, which he believes are superior to Cardano.
Questioning ADA for the second time, Mike Novogratz said in his tweet that Cordano, the fourth-ranked cryptocurrency in CoinMarketCap, is mysterious to him.
The famous billionaire added that none of the powerful people in the market he spoke to saw any positivity in Cordano in terms of developer activity.

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