DeFi· ★★· neutral·

Hoskinson: AI has devalued developer count metric in crypto

  • Hoskinson: AI allows people without experience to pass themselves off as developers
  • The Midnight foundation cut part of its team that hired external programmers
  • Midnight is running three hackathons with a $26,500 prize pool; the Korean one started September 1
  • ADA is trading around $0.21, up 0.8% in 24 hours
Why it matters: A shift in growth metrics could affect how L1 network activity is valued and the inflow of developers into the Cardano ecosystem.
Source: BeInCrypto CN