Cardano founder: Next generation encryption projects need to build more collaborative token economics and market structures

According to Cointelegraph, Cardano founder Charles Hoskinson stated that the next generation of cryptocurrency projects need to adopt more collaborative strategies to compete with large centralized technology companies that are entering the Web3 field. At the Paris Blockchain Week 2025, he pointed out that the cryptocurrency and DeFi fields are often constrained by the "circular economy," where the rise of one cryptocurrency often comes at the cost of the outflow of funds from another token, hindering the growth of the entire industry. To effectively respond to the competition from centralized technology giants in the Web3 field, cryptocurrency projects need to build more collaborative token economics and market structures. Hoskinson stated that the token economics and market structure in the current cryptocurrency field are in opposition to each other and need to shift towards cooperative equilibrium. Existing projects often sacrifice other parties for development, which is detrimental to industry progress and difficult to prevent giants such as Apple and Google from entering the market in the future. He expects the US Market Structure Act to be passed before September, when giants will flood in and the cryptocurrency industry will need to build infrastructure to cope. To this end, Cardano is developing the multi resource consensus protocol Minotaur to unify payment block rewards.