The Creator of Cardano Blockchain, Charles Hoskinson and IOHK has promised to create an election prediction market similar to Augur for the coming United States election.
The blockchain network is also working on issuing a “Kanye Coin” purposely to support musician Kanye West’s candicacy and showcase the uniqueness of the Cardano network’s multi-asset standard.
Hoskinson, who made these declaration while participating in an AMA on YouTube said himself as the Founder of Cardano and every member of the IOHK West Network are in support of Kanye West’s United States presidential ambition and will collectively create the Kanye West Token to pledge their unflinching support for the musician.
He explained that the intended coin is for showcasing the Cardano IOHK multi-asset standard, and will be published by Goguen.
The Prominent crypto inventor who also co-founded Ethereum pointed out that the Cardano Network is serious about its intentions and will be issuing the Kanye token for each vote that Kanye West gets in the election.
As stated by Hoskinson the accumulated Kanye coin will be airdropped equally among ADA holders. The Investor went on to reveal that in a bid to advertise Cardano IOHK native standard token, IOHK will be supporting Brock Pierce candidacy by airdropping “Pierce Coin”.
The token release according to Hoskinson is scheduled for Election Day. He noted that the Cardano blockchain will be recording the election result through an oracle and will considering a prediction platform similar to Ethereum-based Augur.
IOHK through its founder announced at the AMA virtual summit that it’s will be launching its Plutus smart contracts in five months, while its multi-asset standards will go live in four months.
Cardano IOHK to Complete Every Project in a Year
Hoskinson at the AMA virtual conference reiterated that Cardano has been receiving accolades in the crypto space and would be done with all its projects in one year, most-especially its Ethereum-based projects.
The crypto boss declared that the era when Cardano was teased by purely scientific-based projects is over and within the range of one year Cardano IOHK will triumph in the development of Decentralized Finance (DeFi).
Speaking about Stablecoins, Hoskinson revealed that IOHK is at the moment exploring two Stablecoins and there are likely indications that Cardano in the nearest future might incorporate with EMURGO and ERGO to build a Stablecoin that will follow its own “monetary policy” and will not be shadowed by the US dollars.