As the bear market in the crypto market continues, acquisitions and other business operations are not abating. Coindesk, one of the largest crypto news sites, is now reportedly for sale. Charles Hoskinson, the founder of Cardano, is one of the potential buyers. The crypto mogul says he has big plans for Coindesk.
A way to end “to the hidden agendas of the media” ?
In a recent YouTube livestream, Charles Hoskinson, founder of Cardano, expressed his interest in acquiring Coindesk. Far from just wanting to do business, the founder of Cardano has a much broader vision.
“My interest in the media is broader (…) I would like to find how to regain journalistic integrity”did he declare.
Charles Hoskinson claims he has been treated unfairly by the media in the past. His goal now is to end that by buying Coindesk and driving better information processing. He explained that this would “to put an end to the hidden agendas of the media”.
By taking control of Coindesk, the founder of Cardano will ensure that the information disseminated on the site is unbiased and reliable. Internet users will have access to information not influenced by commercial interests, he notified.
Charles Hoskinson wants to turn news articles into non-fungible tokens
Apart from the quality of the information to be returned to Internet users, the founder of Cardano has other plans for Coindesk. Charles Hoskinson has also suggested that he will turn news articles into non-fungible tokens.
According to him, it would be “really cool to be able to consider each article as a living object. This Innovative Idea Could Give Coindesk Internet Users a Way to Participate in Content Creation “.
Barry Silbert’s Digital Currency Group (DCG), the media’s parent company, has been caught up in the crypto crisis. Genesis, one of DCG’s subsidiaries, is about to file for bankruptcy. Charles Hoskinson must first see what Coindesk’s financial data reveals, before proceeding to checkout.
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