Cardano founder Charles Hoskinson criticized the crypto media for its reliance on artificial intelligence, low-quality content, and lack of fact-checking. He expressed his concerns regarding a recent memecoin inspired by him that led to confusion and erroneous reporting. The report falsely claimed that Hoskinson promised exclusive content to holders of the Official Charles Memecoin (Charles) as compensation for losses faced by holders. Hoskinson promptly removed the tokens from circulation, causing the memecoin's value to plummet. Contrary to the report, Hoskinson had no interaction with the memecoin or its community. He clarified that the promise of exclusive content was for holders of The CHARLES Media Token (CHARLES), which represents 90-minute interviews with the developer on the blockchain. This incident highlights the need for better fact-checking in the crypto media industry.



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