FeesSafety
Pluang+

Cardano founder says ADA was worth zero before network launch despite prelaunch voucher sales

Protocol Fundamentals
12 Nov 2026, 06:05 WIB
Tokenpost
View Source
Neutral
Cardano founder says ADA was worth zero before network launch despite prelaunch voucher sales

Charles Hoskinson, founder of Cardano, stated that ADA had no value when he received it because the network had not yet launched. Although ADA vouchers were sold before the network's September 2017 launch, these did not establish a market price for ADA at that time. Hoskinson highlighted that the value of ADA came later through developments like Ouroboros, extended UTXO, and Plutus, as well as ecosystem growth. The prelaunch voucher sales raised significant Bitcoin and dollar amounts, but these were not reflective of ADA's market value before launch.

Charles Hoskinson and Cardano (ADA) provide context for cryptocurrency market activity on Pluang. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 12, 2026 10:41 WIB: out of 50 major cryptocurrencies, 13 rose and 36 fell today. BAL (Balancer) gained 11.14% to Rp16.297, contrasting with ONE (Harmony) which dropped 18.21% to Rp26. EOS (EOS.IO) also rose 8.13% to Rp12.649. Typical hold times vary from 85 days for BAL to 153 days for ONE, with a 41% sell to 59% buy order split on ONE.

More News

YYForce projects 22% revenue growth to $70M for fiscal 2026, driven by AI and robotics demand.

YYForce projects 22% revenue growth to $70M for fiscal 2026, driven by AI and robotics demand.

YYForce Inc. has issued a revenue guidance of $70 million for the fiscal year ending December 31, 2026, representing an approximate 22% increase from the audited $57.2 million revenue in fiscal 2025. This growth is attributed to rising demand for its...

Company Fundamentals
Bullish
27 minutes ago
YYForce projects 22% revenue growth to $70M for fiscal 2026, driven by AI workforce and robotics demand.

YYForce projects 22% revenue growth to $70M for fiscal 2026, driven by AI workforce and robotics demand.

YYForce Inc. forecasts its fiscal 2026 revenue to reach $70 million, a 22% increase from the audited $57.2 million in fiscal 2025. This growth is attributed to rising demand for its AI-based workforce management platform, increased adoption of commer...

Company Fundamentals
Bullish
27 minutes ago
YYForce projects 22% revenue growth to $70M for fiscal 2026, driven by AI workforce platform demand.

YYForce projects 22% revenue growth to $70M for fiscal 2026, driven by AI workforce platform demand.

YYForce Inc. forecasts revenue of $70 million for fiscal year 2026, marking a 22% increase from $57.2 million in 2025. This growth is attributed to rising demand for its AI-driven Workforce OS platform, expanded robotics deployments, and increased re...

Company Fundamentals
Bullish
27 minutes ago
YYForce projects 22% revenue growth to $70M in 2026, driven by AI and robotics demand in Southeast Asia.

YYForce projects 22% revenue growth to $70M in 2026, driven by AI and robotics demand in Southeast Asia.

YYForce Inc. forecasts revenue of $70 million for fiscal year 2026, marking a 22% increase from $57.2 million in 2025. This growth is fueled by rising demand for its AI-powered Workforce OS platform, commercial robotics, and recurring software and se...

Company Fundamentals
Bullish
27 minutes ago
Investigation launched into Digital Turbine after financial report delay and restatement hit shares hard

Investigation launched into Digital Turbine after financial report delay and restatement hit shares hard

Digital Turbine delayed its Q2 2027 financial results, then restated prior financials due to $3.5 million in understated revenue share expenses. This caused the stock to drop sharply, falling over 35% after the restatement. A law firm is investigatin...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App