- Messari and its founder came under criticism from Cardano community members over their 2024 crypto report.
- Cardano community members accuse the report of deliberately ignoring Cardano.
- The members argue Cardano’s several strides, development, and market performance make it worthy of mention.
Cryptocurrency market intelligence platform Messari and its founder, Ryan Selkis, came under fire from Cardano community members following their 2024 Messari crypto report.
Cardano community members complained that the report largely ignored the Cardano blockchain and its strides this year. A community member pointed out that Cardano had no single mention in the report, despite Bitcoin, Ethereum, and Solana being mentioned 178, 96, and 65 times, respectively. BNB and XRP were also talked about in the report.
The criticisms flowing from the community allege that the omission in the report was a deliberate act. Reacting, a notable Cardano community member known as ADA Whale on X tweeted that the report highlights the immaturity of the crypto space amidst allegations of networks “paying-to-play” in the ecosystem.
According to the user, Cardano’s omission further highlights the shifting stance amongst crypto natives towards centralization. “There’s an unspoken belief amongst some that crypto should move on from its origins of permissionless decentralized protocols, towards fast centralized payment systems, and Cardano has less of a place in that twisted future vision.”
Furthermore, the user argued that, given Cardano’s prominence and popularity, it should have been covered in the report. ADA Whale wrote:
Cardano has for years been one of, if not the largest and most vocal group on here. Anyone taking a quick look will find evidence of a huge amount of people building and general high levels of enthusiasm.
Moreover, ADA Whale claimed that ADA was one of the “big gainers” in the last few weeks. He added, “We even have paradigm-changing DeFi apps launching soon, as well as some of the biggest non-DeFi crypto projects with potential for mass adoption.”
Given the strides achieved by the network this year, the community member likened the omission to making a report “about the biggest countries in the world by population and ignoring China.”
Additionally, ADA Whale argued that Cardano’s traditional vision of crypto is another reason why it should be covered. “Shops like @MessariCrypto pretending to care about crypto aren’t just damaging Cardano, they’re damaging crypto’s core principles,” ADA Whale stated.
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