Hoskinson Bets Big On Cardano AI Agents Amid ADA Price Slump
Cardano's founder Charles Hoskinson is placing AI agents at the center of his project Midnight City, aiming to use them for community management, media updates, and broadcasting across the ecosystem. He sees these autonomous entities as essential infrastructure for Cardano, not an experiment.
Hoskinson defended the use of an AI-generated influencer on the Input Output account after some backlash from the community. He described Midnight City as one of his 'most important projects,' with the team continuously integrating new AI standards into the project.
The ADA token has been trading at around $0.16, near its weakest level in years, and some traders are now looking for proof that Midnight turns roadmap promises into real activity rather than another quarter of sideways grind.