DeFi· ★★· neutral·

Hoskinson: AI has devalued the developer count metric in crypto

  • Hoskinson: AI removed the developer shortage, developer count is no longer a growth metric
  • The Midnight foundation cut part of its external developer recruitment team
  • The Midnight foundation is running three hackathons with a $26,500 prize pool
  • ADA is trading around $0.21, up 0.8% in 24 hours
Why it matters: A signal of shifting blockchain project evaluation metrics and a restructuring of Midnight's development strategy amid falling interest in ADA.
Source: BeInCrypto AR