<div id="readability-page-1" class="page">Cardano founder Charles Hoskinson expressed skepticism about the effectiveness of large cryptocurrency events in influencing prices. According to NS3.AI, his comments followed a community vote that rejected a proposed 14 million ADA budget for such an event. Hoskinson argued that community hubs are more successful in attracting new users compared to large industry gatherings.</div>

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<p>Cardano founder Charles Hoskinson expressed skepticism about the effectiveness of large cryptocurrency events in influencing prices. According to NS3.AI, his comments followed a community vote that rejected a proposed 14 million ADA budget for such an event. Hoskinson argued that community hubs are more successful in attracting new users compared to large industry gatherings.</p>

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Cardano Founder Criticizes Large Crypto Events for Price Impact