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Cardano is Overwhelmingly Subscribed Despite Having no Smart Contracts Yet: Charles Hoskinson

The founder of Cardano, Charles Hoskinson, has stated that his company has seen “overwhelming demand” despite only being in the second stage of its Goguen upgrade.
Currently, Cardano does not have programmability at the base layer, with no smart contracts for the moment, but this didn’t stop companies from subscribing to it, according to Hoskinson. Several applications, such as BeefChain, are already using Cardano’s metadata features.
Over 100 Companies Migrating to Cardano
“At the moment our company has no more capacity to serve the flow that comes to Cardano,” stated Hoskinson in a video.
He previously said that over 100 companies could potentially migrate from Ethereum to Cardano, despite not having established the ground for smart contracts.
The inflow of clients has increased since Cardano successfully implemented the Mary hard fork at the beginning of this month, turning it into a multi-asset network ecosystem.
As reported by CryptoPotato, Hoskinson is working with several African governments to bring millions of users into its database. IOHK, the main company behind Cardano, is working with nations in the continent to enable its citizens to have digital identities — linked to wallets and payment systems.
Hoskinson Responds to Critics
Recently, Hoskinson tweeted a map of Cardano’s ecosystem, attempting to shut critics for calling his company a “ghost chain.”

Hey Ghost Chain carnival barkers, I ran out of space for my picture. I guess I need a bigger one pic.twitter.com/gVXpAfOazd
— Charles Hoskinson (@IOHK_Charles) March 20, 2021

Speaking about the DeFi ecosystem, Hoskinson said …
Story continues on Crypto Potato

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